Guangzhou-based Xpeng is one of several Chinese electric car companies that's started to expand overseas. BEIJING In a sign Chinese drivers are still willing to buy electric, start-up Xpeng said tha… [+2978 chars]
Automotive News reports that Ford has agreed to pay a $19.2 million settlement over allegations that the automaker misled consumers on two fronts: the fuel economy of the Ford C-Max, and the payload … [+1812 chars]
Abercrombie & Fitch shares fell more than 32% in premarket trading Tuesday after the retailer reported an unexpected loss in its fiscal first quarter, with freight and product costs weighing on s… [+2744 chars]
Best Buy's sales declined in the fiscal first-quarter, but the retailer on Tuesday overcame Wall Street's fears of a sharper pullback as customers faced nearly four-decade high inflation. The compa… [+3224 chars]
As many as 4m American households will be able to get food, groceries and supplies from Walmart delivered by flying, remote-controlled drones by the end of the year, according to the retail chain. W… [+2264 chars]
Talk of the metaverse has been ubiquitous over the past several months.1 1. The term “metaverse” was first coined by science fiction author Neal Stephenson, in his 1992 novel Snow Crash, as a port… [+17924 chars]
Brazilian President Jair Bolsonaro fired the CEO of the Petrobras oil giant for refusing to lower the cost of diesel and gas on Monday. Bolsonaro fired CEO Jose Mauro Coelho after the executive warn… [+1643 chars]
An unsustainable business or just a side effect of the tech downturn? Photo by Annette Riedl/picture alliance via Getty Images Grocery app Gorillas, which promises to deliver goods in as quickly as… [+2330 chars]
New home sales unexpectedly plunged much more than economists projectedand for the fourth consecutive monthin April, according to data released Tuesday, adding to signs that the once booming housing … [+3309 chars]
The companies aim to create 1,400 jobs with the project Image: Stellantis Stellantis, the parent company of Dodge, Jeep, and Chrysler, has selected Kokomo, Indiana, as the site for its next electri… [+2979 chars]
Seatbelts essentially have one job: To keep the humans inside a vehicle safe. Typically that means ensuring that drivers and passengers remain relatively stationary during a crash, but in light of th… [+2244 chars]
Tesla Inc TSLA CEO ElonMusk on Tuesday warned of population collapse once again, an event that, he has said in the past, could potentially be the greatest risk to the future of civilization. What Ha… [+1716 chars]
