GM and Honda abandon a $5 billion initiative to create more affordable electric vehicles
Just one year after deciding to collaborate on a $5 billion project to try to surpass Tesla in sales, Honda...
GM is losing $200 million a week due to the car workers’ strike
On Tuesday, General Motors reported $3.1 billion in profit for the July through September quarter, a decrease of more than...
In the escalating tech war, Amazon is investing up to $4 billion in AI firm Anthropic
Anthropic and Amazon announced on Monday that Amazon is investing up to $4 billion in Anthropic and acquiring a minority...
The second week of Taylor Swift’s Eras Tour concert film brings her domestic total to $31 million.
The pop star's concert movie, Eras Tour, made the most money at the domestic box office during its second weekend...
$214 billion would be raised by a 2% tax on billionaires
The European Tax Observatory estimates that a new 2% tax on the 2,756 individuals worldwide who own assets worth more...
The first phase of the Georgia factory for electric truck manufacturer Rivian is scheduled to begin building in 2024
Early in the new year, Rivian Automotive plans to begin building a factory in Georgia, the business announced on Thursday....
The British magazine «The Spectator» and newspaper group «Telegraph» were up for sale
After the rich Barclay family's bankruptcy, the British journalism firm Telegraph Media firm Ltd. and that of the magazine "The...
Tesla said that on November 30, it will deliver its first Cybertruck
With a long delay over the initial plans, more than four years after its accidental public presentation, Tesla will start...
Mexico promises infrastructure spending and claims the Tesla factory is still coming
A day after CEO Elon Musk stated he was wavering on the project, the state of Nuevo Leon in Mexico...
Philip Morris, announces a drop in revenue but robust sales of substitute cigarettes
While sales of its heated tobacco and oral nicotine products continue to be robust, Philip Morris International reported quarterly profitability...