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Automotive
Automotive
Latest Santos chaos: 'Hiring' treasurer who turned down job
NEW YORK (AP) — U.S. Rep. George Santos’ campaign committee told federal regulators Wednesday that it had hired a new treasurer amid lingering questions about the source of his wealth and irregularities in the committee's financial reports.
Jan 26, 2023 12:01 PM
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Toyota CEO Akio Toyoda to step aside, become chairman
TOKYO (AP) — Toyota set up a new leadership team Thursday in what the Japanese automaker said was a move to stay abreast of social changes like electrification and becoming a wider “mobility company.
Jan 26, 2023 5:06 AM
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Montreal 'smart factory' aims to demonstrate potential of warehouse automation
MONTREAL — As a robotic arm at a Montreal demonstration facility attempts to pick up a small box, it senses that it doesn't have a good grip, puts the package down, adjusts and tries again.
Jan 26, 2023 2:00 AM
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Tesla will invest $3.6B in Nevada truck factory expansion
SPARKS, Nev. (AP) — Tesla said it intends to invest $3.
Jan 25, 2023 9:11 PM
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Goldman Sachs signals partial retreat from consumer banking
NEW YORK (AP) — Goldman Sachs no longer wants to be the bank for everyone. The storied investment bank spent eight years attempting to expand its business beyond corporations and the wealthy.
Jan 25, 2023 3:54 PM
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Manchin pushes to delay tax credits for electric vehicles
WASHINGTON (AP) — Ratcheting up his criticism, Democratic Sen. Joe Manchin on Wednesday moved to delay new tax credits for electric vehicles , a key feature of President Joe Biden's landmark climate law .
Jan 25, 2023 2:51 PM
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Wall Street ends mixed after erasing a big morning loss
NEW YORK (AP) — Another roller-coaster day left Wall Street essentially where it began on Wednesday, after stocks veered on worries about how badly a slowing economy will hit corporate profits.
Jan 25, 2023 1:34 PM
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Head of main Florida power company retiring amid controversy
FORT LAUDERDALE, Fla.
Jan 25, 2023 1:07 PM
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Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes
VANCOUVER — Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes to the agreement. Luxor, which holds a 3.
Jan 25, 2023 5:43 AM
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Edmunds: The pros and cons of software running your car
Software was a big theme for automakers attending CES 2023 in January. BMW, Stellantis, Volkswagen and a joint venture between Honda and Sony showed off upcoming or concept vehicles that are significantly reliant on computers and code.
Jan 25, 2023 3:14 AM
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