Ford is eliminating hundreds of white-collar positions in order to cut costs as it transitions to electric vehicles
Ford Motor Company is undergoing yet another round of white-collar job layoffs as it strives to minimize expenses while it...
Industry
Abu Dhabi will acquire a 7% stake in the Nio electric vehicle company in China.
In exchange for a board seat and a 7% interest in Nio Inc., the government of Abu Dhabi is providing...
Alibaba makes Tsai chairman and Wu CEO in unexpected restructuring
Daniel Zhang, the eight-year veteran who led a Chinese e-commerce company that was losing market share and was having trouble...
Cities’ desire for workers to return to the office
The continuous argument about whether it's better to work in an office setting or remotely ignores a crucial aspect that...
The $100 billion electric bullet train in California will only use solar energy
Elon Musk disclosed California's high-speed rail project when he introduced his future Hyperloop concept in 2013, calling it "a bullet...
GM will spend over $1 billion to make new heavy-duty pickup truck
In order to produce the next generation of heavy-duty trucks, General Motors plans to invest more than $1 billion in...
Elon Musk’s Twitter is currently only worth a third of its $44 billion price tag
According to one of Twitter's few remaining outside investors, the value of the firm has fallen by approximately two-thirds since...
With significant plans at the developer conference, Apple stock reaches an all-time high
Prior to a yearly software developer conference, Apple Inc. shares reached a new high for the first time in 17...
The Mexican Stock Exchange suspends TV Azteca’s stock listing.
The Mexican Stock Exchange (BMV) on Thursday suspended for an indefinite period of time the listing of Tv Azteca, the...
Italy does not need to be a shareholder in Stellantis, according to Chairman Elkann
In response to calls from business lobby groups for Italy to invest directly in the firm, Stellantis (STLAM.MI) Chairman John...
