Latest in Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
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VW's Scout has more than 50,000 reservations for upcoming EVs as automaker aims to grow U.S. share
Volkswagen, which revived the old American brand, said Scout is part of its plan to grow its market share in the U.S.CNBC - Jan. 8 -
U.A.W. Seeks Union Election at Ford Battery Plant in Kentucky
The United Automobile Workers union asked a federal labor regulator to conduct an election at a factory Ford jointly owns with a South Korean battery company.The New York Times - Jan. 8 -
Lee announces candidacy for Oakland mayor
Former Rep. Barbara Lee (D-Calif.) announced Wednesday that she is running to be the next mayor of Oakland this year. Lee said in a video posted to the social platform X that she wants to bring ...The Hill - Jan. 8 -
Delta Just Announced Its Plan to Use AI to Solve the Worst Thing About Traveling
A new in-app concierge relies on AI to give customers a personalized experience.Inc. - Jan. 8 -
Scotland to host 3 biggest battery energy storage systems in Europe
Investment by Copenhagen Infrastructure Partners comes as boost to SNP government before next year’s electionsFinancial Times - Jan. 8 -
FanDuel’s parent company just issued a profit warning. Blame the Detroit Lions.
There aren’t enough upsets in the National Football League, and that’s upsetting for investors in sports betting companies including Flutter Entertainment, the owner of FanDuel.MarketWatch - Jan. 8 -
Japan links hacker MirrorFace to dozens of cyberattacks targeting security, tech data
Japan has linked more than 200 cyberattacks over the past five years targeting the country’s national security and high technology data to a Chinese hacking group, MirrorFaceABC News - Jan. 8 -
Europe's biggest battery farm to be built on coal mine, developers say
Developers confirms £800m investment across two sites in Scotland to support the growth in renewablesBBC News - Jan. 8 -
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Pentagon blacklisting of China’s EV battery maker puts US banks in bind
Involvement in Hong Kong secondary listing of CATL raises reputational risks for Wall Street groupsFinancial Times - Jan. 8 -
Samsung’s profit estimates disappoint as it fights for Nvidia’s AI business
Fourth-quarter earnings hit by greater investments in advanced chip manufacturingFinancial Times - Jan. 8 -
Disney’s stock gets upgrade amid content ‘renaissance’ and streaming profit growth
Walt Disney Co.’s stock was upgraded to buy Tuesday by analyst firm Redburn Atlantic, which cited improved content performance and growth in streaming profit.MarketWatch - Jan. 8 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
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India confirms first HMPV cases amid surge in China
India confirmed its first cases of human metapneumovirus (HMPV) infections in children, with a total of seven cases reported as of Tuesday. The cases were reported in Bengaluru, Nagpur, Tamil Nadu ...The Hill - Jan. 7 -
U.S. Says Sudan’s R.S.F. Committed Genocide and Sanctions Its Leader
A force fighting Sudan’s army in a brutal civil war committed massacres and rape that amount to genocide, the Secretary of State said, two decades after a finding of genocide in the same region.The New York Times - Jan. 7 -
Annual ‘winners’ for most egregious US healthcare profiteering announced
Selling body parts without consent and billing desperate parents $97,599 for air transport among worst examples. The 2024 “winners” of the annual Shkreli awards , given each year to perpetrators ...The Guardian - Jan. 7 -
As Trump Praises Meta Decision, Tech Watchdogs Warn of Surge in Disinformation
While Republicans praised the move, some groups cautioned that effectively ending Meta’s fact-checking program would also lead to more conspiracy theories.The New York Times - Jan. 7 -
Germany pushes for EU to ease sanctions on Syria
Berlin circulates proposals for relief on curbs in exchange for reforms from new leadership in DamascusFinancial Times - Jan. 7 -
Honda reveals two new '0 Series' EVs to be produced in Ohio
The vehicles are the Honda 0 Saloon, which is an updated version of a concept car revealed last year at CES, and the Honda 0 SUV.CNBC - Jan. 7 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
Trump announces $20 billion foreign investment to build new U.S. data centers
Billionaire Hussain Sajwani, a Trump associate and founder of the property development company DAMAC Properties, is pledging the money.CNBC - Jan. 7 -
Pentagon blacklists Tencent, largest Chinese EV battery maker
The Defense Department has added dozens of Chinese firms to a list of companies that are prohibited from working with the Pentagon and defense industry due to their alleged ties with China's ...The Hill - Jan. 7 -
Europe Wanted to Lead the World on EVs. Its Carmakers Can’t Keep Up
The lack of cheap EVs and the reliance on combustion engines is putting Europe’s plan to ban new petrol cars by 2035 at risk.Wired - Jan. 7 -
How Automakers and Car Dealers Can Survive the Chinese EV Onslaught
We’ve seen this movie before. And it’s a lesson for all entrepreneurs about how to position your product for a changing market.Inc. - Jan. 7 -
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These EV 'Battery Belt' Towns Are Betting Trump Won't Ditch Them
Ford, Hyundai and other carmakers are cranking up new EV battery factories, while uncertainty looms over Biden-era subsidies for them.The Wall Street Journal - Jan. 7 -
