China’s largest metropolitan area, home to 25 million people, has been under strict quarantine for seven weeks. Authorities have ordered people to stay at home and shut down many businesses as they try to suppress the worst outbreak of Covid in the city. Although authorities announced on Monday that they would allow “low levels of … Read more
Ernie Garcia, CEO, Carvana Scott Mill CNBC Carvana CEO Ernie Garcia III regularly tells Wall Street that the “march continues” in the company’s mission to become the largest and most profitable used car dealer in the world. Its share price started this year as well, only in the wrong direction for investors. Within six months, … Read more
Russia has nationalized a large factory belonging to Reno and intends to use it to revive the famous Soviet-era Moskvich car in what the French carmaker has described as a “responsible choice” for its thousands of Russian employees. The move appears to be the first major transfer of private property to state hands since Russian … Read more
As Volkswagen seeks to revive the Scout brand in the United States, CEO Herbert Diess shed light on the decision, saying it represents an opportunity for the German car giant to “become much more American”. Last Wednesday, VV announced plans to re-launch the Scout as an all-electric pickup and a “rough” SUV, with prototypes due … Read more
Rivian (RIVN) – Get Report Rivian Automotive, Inc. class A he was scared, but the electric vehicle manufacturer made up for it. The young manufacturer of electric SUVs and pickups has just cleared up some of the many doubts that hang over its short-term future. The company, based in Irvine, California, has confirmed its goal … Read more
Liz Atkinson, manager of the Quicksilver store at Outlets on Traverse Mountain in Lehi, cleans the terminal after the transaction on May 1, 2020. Many companies have begun to encourage plastic debit and credit card transactions as a security measure to combat the spread of COVID -19. Now, a study by the BIU says that … Read more
Tesla CEO Elon Musk weakened shares on Twitter on Friday when he said that he would put his purchase of the social network of 44 billion dollars on hold while he investigates the share of fake and unwanted accounts on the platform. Although Musk later clarified that he remains committed to the agreement, he continued … Read more
Jason Calacanis Adam Jefferi CNBC Angelic investor Jason Kalakanis, an early supporter of Uber and Robinhood, is seeking to raise tens of millions of dollars for a stake in Twitter as part of Elon Musk’s $ 44 billion deal to buy a social media company. “We are now collecting interest for investing in Twitter with … Read more
Elon Musk has a history of expressing strong opinions about hydrogen and hydrogen fuel cells. A few years ago, when the topic emerged during a discussion with reporters at the World Automobile News Congress, the electric vehicle magnate described hydrogen fuel cells as “extremely stupid.” Jim Watson | AFP | Getty Images Tesla CEO Elon … Read more
A photo of a great horned owl in the wilds of Utah, taken in 2018. The Utah Wildlife Resources Department announced that a great horned owl found dead in Cash County died of bird flu outbreaks across the country. (Utah Wildlife Resources Department) Estimated reading time: 2-3 minutes SALT LAKE CITY – A great horned … Read more
