Latest in Volkswagen in Drive to Cut Costs as Earnings Plunge
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EU drives through tariffs on Chinese electric vehicles
Levies totalling up to 45% needed to compensate for Beijing’s ‘injurious’ subsidies, says BrusselsBusiness - Financial Times - Yesterday -
Ukraine in new mobilisation drive as Russia advances
Ukraine's military has been under severe pressure of late, in part due to Russia's greater manpower.Top stories - BBC News - Yesterday -
How Diwali Is Influencing Brands and Driving Customer Experience
From big box retailers to small brands, capitalizing on Diwali makes good business sense.Business - Inc. - Yesterday -
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Volkswagen to close three German factories and lay off thousands of workers, employees say
Volkswagen, Europe’s largest car manufacturer, is planning to permanently shrink the size of its German operations.Business - MarketWatch - 3 days ago -
Volkswagen's employee council says the automaker plans to close at least 3 German plants
The head of Volkswagen's works council says the company has informed employee representatives that it wants to close at least three plants in GermanyWorld - ABC News - 2 days ago -
Bank of Canada resorts to jumbo rate cut as growth falters
Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall furtherWorld - Financial Times - October 23 -
Netflix third-quarter subscribers barely beat estimates as ad-tier members jump 35%
Netflix's ad-tier memberships jumped 35%. The company is on track to launch the service in Canada in the coming quarter and more broadly in 2025.Business - CNBC - October 17 -
A beginner’s guide to US earnings season
Corporate profits matter, but some results matter more than othersWorld - Financial Times - October 18 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - 6 days ago -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - Yesterday -
Alphabet shares rise on earnings beats boosted by cloud revenue
Google parent Alphabet reported third-quarter earnings that beat on top and bottom lines.Business - CNBC - 22 hours ago -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - 15 hours ago -
Microsoft Cloud revenue rises on AI boom but softer outlook weighs on shares
Warnings of slowing Azure growth and rising data centre costs damp initial optimism on tech giant’s quarterly earningsBusiness - Financial Times - 13 hours ago -
Airbus Revenue, Earnings Beat Forecasts
Airbus posted earnings and revenue above analysts’ expectations, highlighting diverging fortunes with Boeing a week after the beleaguered company reported a multibillion-dollar loss.Business - The Wall Street Journal - 19 hours ago -
Mass deportation could cost billions
Bankrolling mass deportation would be costly. It would also require a lot more manpower.Top stories - CBS News - 3 days ago -
The cost of college is quietly going down
The cost of college in the U.S. is going … down? With lower tuition, less student debt and more grant aid, College Board data released last week shows a hopeful future for higher education costs, ...Politics - The Hill - 2 days ago -
The Guardian view on Europe’s struggling EV industry: driving in the slow lane | Editorial
Insufficient investment and the withdrawal of subsidies and incentives are damaging a sector that is vital to the green transition. Earlier this year, a French experiment offered a startling ...World - The Guardian - October 13 -
Joe Burrow takes off for 47-yard TD on opening drive
The early score was the longest rushing TD of Burrow's careerSports - ESPN - October 13 -
Leaders in North Carolina helping to drive Black voters to the polls
North Carolina could have a major role in who is elected the next president. CBS News campaign reporter Taurean Small spent the weekend in Greenville, where Black leaders are making sure residents ...Top stories - CBS News - October 14 -
Space stocks climb again as ‘momentum sector’ drives gains
Space stocks were climbing again Wednesday as the sector resumed its recent rally against a backdrop of several high-profile launches.Business - MarketWatch - October 16 -
The Musk-led group driving millions to Trump’s White House bid
Also in today’s newsletter, shamelessness in American politics and Kamala Harris’s appearance on Fox NewsWorld - Financial Times - October 17 -
Arie Kopelman, a Driving Force in Expanding Chanel, Dies at 86
Arriving at the luxury house two years after Karl Lagerfeld, he helped guide a boom in both products and revenues as president of the company’s American arm, Chanel Inc.Business - The New York Times - October 18 -
Tesla faces NHTSA investigation of ‘Full Self-Driving’ after fatal collision
Tesla faces a new U.S. probe concerning its "Full Self-Driving" systems, and whether they are safe to use in "reduced roadway visibility conditions."Business - CNBC - October 18 -
Tesla's "Full Self-Driving" system faces probe after pedestrian death
Tesla's "Full Self-Driving" technology under investigation by road safety watchdog after reports of crashes in low-visibility conditions.Top stories - CBS News - October 18 -
Tesla faces NHTSA investigation of 'Full Self-Driving' after fatal collision
Tesla faces a new investigation by the National Highway Traffic Safety Administration, or NHTSA, concerning issues with its “Full Self-Driving” systems, and whether they are safe to use in fog, ...Top stories - NBC News - October 18 -
US investigates 2.4m Tesla self-driving vehicles after reported collisions
Road safety agency opens evaluation over reported collisions in low visibility. The US government’s road safety agency has opened an investigation into 2.4m Tesla vehicles with the automaker’s ...World - The Guardian - October 18 -
It's more dangerous to drive at night in these states than anywhere else in the US
Driving at night is dangerous no matter where you are in the U.S. It's harder to see and you're more likely to be sharing the road with fellow drivers who are either tired and could potentially ...Politics - The Hill - October 18 -
Crashes Prompt Probe of Tesla Full Self-Driving Software
The National Highway Traffic Safety Administration said it’s looking at 2.4 million vehicles that have the near-autonomous option after its role in several collisions.Business - Inc. - October 18
