Latest in Historic moment for Volkswagen: Automaker plans to close ‘at least’ 3 German plants and cut thousands of jobs
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Here’s what can stall Trump’s tax and tariff plans
Surging 10-year Treasury yields could temper Trump administration plans that risk growing the large U.S. deficit.Business - MarketWatch - November 6 -
Trump’s plan to cut taxes on Social Security benefits may cost beneficiaries more in the long run
The president-elect’s plan may do more harm than good, experts said.Business - MarketWatch - November 8 -
Nissan shares plunge over 10% after downbeat quarterly results, production-cut plans
The automaker posted disappointing second-quarter results and announced reductions in production and staff.Business - CNBC - November 8 -
23andMe reports sales decline a day after announcing plans to cut 40% of workforce
Embattled genetic testing provider 23andMe said Tuesday that revenue declined from a year earlier, a day after the company announced a cost-cutting plan.Business - CNBC - November 12 -
Marjorie Taylor Greene to head new DOGE House subcommittee with plans to cut 'waste'
Rep. Marjorie Taylor Greene will chair a new subcommittee aimed at eliminating government waste under the newly formed “Department of Government Efficiency.”Top stories - ABC News - Yesterday -
Volkswagen is in crisis again. Can it be reformed?
Europe’s largest carmaker is at war with workers and politicians as it tries to navigate a painful EV transitionWorld - Financial Times - October 31 -
3 high-paying roles in industries that keep adding jobs: 'You wouldn't think' they'd pay 6 figures, says expert
Even industries like food and beverage have six-figure jobs, says John Mullinix, head of growth marketing at Ladders.Business - CNBC - November 9 -
2024 World Series: Dodgers' Walker Buehler to start Game 3 vs. Yankees as Los Angeles sets pitching plans
Manager Dave Roberts cited that the schedule would allow Buehler to pitch in a potential Game 7 as wellSports - CBS Sports - October 26 -
Denzel Washington outlines retirement plan, which includes role in 'Black Panther 3'
Denzel Washington listed a half-dozen projects he plans to do before retiring, including a bespoke part in a third, not-yet-announced 'Black Panther' film.Entertainment - Los Angeles Times - November 12 -
IMF hails Reeves’ ‘sustainable’ tax rises; Resolution Foundation says budget marks ‘decisive shift from planned cuts’ – business live
Foundation says there will be better funded public services in schools, NHS and justice but households face further squeeze. And a few more – Resolution Foundation analysis:. Tax and benefit ...World - The Guardian - October 31 -
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Automakers Are Hot for Extended-Range EVs. They Hope Buyers Like Them Too
The tech, a waypoint between fully electric cars and gas-powered ones, has shown up in more and more US—and Chinese—vehicles. Can EREV tech get more drivers into electrics?Tech - Wired - November 3 -
Automakers Want Trump to Keep Federal E.V. Regulations in Place
Donald J. Trump promised to erase Biden tailpipe rules that are designed to get carmakers to produce E.V.s. But Detroit wants to keep them.Business - The New York Times - 2 days ago -
JaGUar? Luxury automaker defends controversial rebrand amid pivot to EVs
New logos and promotional videos unveiled by the classic British car brand drew the ire of many on social media this week.Business - CNBC - Yesterday -
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Volkswagen profit plunges 64% as China sales slide
Europe’s largest carmaker highlights ‘urgent need’ for cost reductions and efficiency gainsBusiness - Financial Times - October 30 -
Volkswagen Profit Shrinks as Unions Threaten Strike
Germany’s biggest automaker said its profit dropped 42 percent in the third quarter, as union leaders warned that workers were ready to walk out over a wage dispute.Business - The New York Times - October 30 -
How Volkswagen Lost Its Way in China
A brutal price war, sudden shifts in consumer demand and human rights issues in Xinjiang have left VW stumbling in a market it led for 40 years.Business - The New York Times - October 31 -
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - November 12 -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - November 13 -
Head of Volkswagen’s North American division steps down
Pablo Di Si leaves carmaker ‘at own request’ to be replaced by Porsche veteran amid push to regain US market shareWorld - Financial Times - 4 days ago -
Matt Gaetz withdraws as Trump’s nominee for US attorney-general
Former congressman says controversy around his nomination had become a ‘distraction’Business - Financial Times - 2 days ago
