Subway sandwich chain to be acquired by Roark Capital for up to $9.55 billion
In a deal that, according to persons familiar with the situation, could value the American sandwich company at up to...
Industry
Ferrari CEO claims that roughly a third of new customers are under 40
Despite some of its automobiles having a three-year waiting list, Ferrari's CEO stated that the business has no plans to...
Tesla unveiled cheaper, shorter-range Model S and Model X electric vehicles
With an intriguing twist, Tesla (TSLA) unveiled less expensive versions of its higher-end Model S and Model X sedans. Tesla...
After Zachary Kirkhorn’s resignation, Tesla names a new financial director
Elon Musk's company did not specify the reason for Kirkhorn's departure; he had worked for Tesla for 13 years and...
Ferrari increases its forecast after profits soar as more consumers customize their sports cars.
As more of its clients selected pricey "personalization" options for their new sports vehicles, Ferrari said on Wednesday that its...
Due to nearshoring, 80 companies from South Korea want to invest in electronics and semiconductors in Mexico
A group of 80 electromobility, electric vehicle, and semiconductor manufacturers from South Korea are interested in investing and making Mexico...
Five days after debut, Meta’s Threads app had 100 million signups
Today, Meta Platforms Inc. revealed that more than 100 million people had downloaded the brand-new social networking software Threads. The...
Automakers warn that Biden’s drive for electric vehicles is doomed to collapse
According to two of the biggest automakers in the world, Joe Biden's rush to adopt electric vehicles runs the risk...
Glass bottling facilities are closing after the boycott of Bud Light hit sales, leaving 600 workers without jobs
Sales of Bud Light have been declining, and this affects more than just the beer company. Two glass bottling operations,...
How the United States is attempting to break Ticketmaster’s monopoly in the sale of tickets
A new law proposal that is moving quickly through the California legislature was presented as a result of a frustrating...
