Fountain Hills councilmember sanctioned
Fountain Hills councilmember Allen Skillicorn is planning to file a lawsuit after he was sanctioned.
Fountain Hills councilmember Allen Skillicorn is planning to file a lawsuit after he was sanctioned.
U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition. In some foreign showrooms, BYD charges more than double — sometimes nearly triple — the price it gets for three key models in China, according to a Reuters review of the automaker’s pricing in five of its biggest export markets.
NEW YORK (AP) — Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA” order. Williams-Sonoma was charged with advertising multiple products as being “Made in USA” when they were in fact manufactured in other countries, including China. That violated a 2020 commission order requiring the San Francisco-based company to be truthful about whether its products were in fact made in the U.S. The FTC said Friday that Williams-S
BEIJING (AP) — How about turning a car's front bucket seats 180 degrees so they face the rear seats and extending out a table so the occupants can play cards or eat a meal? Or a 43-inch (109 centimeter) screen for the passengers in the back seat? The seemingly never-ending efforts of China's electric car makers to redefine the automobile went on display Thursday at the opening of the nation's largest annual auto show. They are forcing established makers such as Volkswagen and Nissan to change th
Alphabet announced its first-ever dividend on Thursday and a $70 billion stock buyback, cheering investors who sent the stock surging nearly 16% after the bell. The Google parent is returning capital while spending billions of dollars on data centers to catch up with rivals on generative artificial intelligence. The dividend will be 20 cents per share.
It's taken Huawei just four years to become a force in smart car technology, navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. Huawei Technologies has two huge booths at this week's event, and there are at least seven Chinese automakers touting its Qiankun installed in their cars as the most sophisticated advanced driving assistance system (ADAS) to date. Even Germany's Volkswagen will equip its China-made, China-bound Audi Q6L e-tron with Qiankun upon the car's 2025 launch, in Huawei's first deal with a foreign automaker, two people with knowledge of the matter told Reuters.
Japanese automaker Honda has announced a $15-billion plan to build four new electric vehicle manufacturing plants in Ontario. Mike Drolet reports on the federal government's efforts to re-energize Canada's auto sector, and the reasons why Honda chose Ontario.
A court in Romania’s capital ruled that a trial can start in the case of influencer Andrew Tate, who is charged with human trafficking, rape and forming a criminal gang to sexually exploit women.
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Doctors, lawyers, and salesmen aren't the only people breaking six figures.
With interest in electric vehicles seemingly lagging, is Honda’s $15-billion plan to build four electric vehicle plants in Ontario a good investment? CBC’s Erica Johnson asks industry experts David Booth and Daniel Breton to break down the risk versus reward.
(Bloomberg) -- BHP Group Ltd.’s $39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international mergers.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe Long, Slow Death of Urban NightlifeFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchBillionaire Stephen Ross Believes
Beijing city authorities have announced subsidies for firms that purchase domestically produced artificial intelligence (AI) chips, as China seeks to develop its semiconductor industry and reduce reliance on foreign technology. The sizes of subsidies were not specified in a document outlining the initiative by the Beijing Municipal Bureau of Economy and Information Technology dated April 24. "Companies that purchase domestically controlled GPU chips for intelligent computing services will receive support based on a certain percentage of their investment," the document showed, referring to chips known as graphics processing units (GPUs).
The lawsuit alleges “severe” and “pervasive” harassment by the recording artist.
Planning for retirement isn't a one-and-done kind of thing. There are many different stages of retirement, and it's important to have a plan for each of them. What this means is that even if you...
In this article, we discuss the 10 best e-commerce stocks to buy according to analysts. To skip our analysis of the e-commerce and online retail industry, go directly to the 5 Best E-commerce Stocks To Buy According to Analysts. E-commerce had been steadily on the rise for a while, but with the onset of the […]
The battery industry is experiencing a seismic shift as demand for renewable energy solutions increases. With electric vehicle (EV) sales expected to double from 2023 to 2027, reaching 31.6 million […]
French jet engine maker Safran posted an 18.1% jump in first-quarter revenue and reaffirmed financial targets for the year while joining U.S. partner GE Aerospace in lowering a target for engine deliveries. The Paris-based company posted quarterly revenues of 6.22 billion euros ($6.67 billion), up 19.1% on an underlying basis. Safran co-produces engines for Boeing and Airbus narrow-body jets with GE Aerospace through their CFM joint venture, which is the sole supplier to Boeing's 737 MAX family of jets and competes with Pratt & Whitney on the Airbus A320neo series.
Honda plans to invest $11 billion, with the help of joint venture partners, to build out its electric vehicle efforts in Canada as it prepares for future demand in North America for the automobiles. Honda expects to add at least 1,000 more workers for the two new facilities. There's also plans for a cathode active material and precursor processing plant through a joint venture partnership with POSCO Future M Co. and a separator plant through a joint venture partnership with Asahi Kasei Corp.
Ethereum developer Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission, striking back against what the company calls an “unlawful seizure of authority” over Ethereum by the federal regulator.
Grupo Mexico expects its Southern Copper mining arm to produce over 1 million metric tons of copper by 2027, the division's finance chief said on Friday, pointing to better-than-expected production from its portfolio of projects. The company also edged up its forecasts for this year, predicting output of 949,000 tons, said Leonardo Contreras, the unit's chief financial officer, in an earnings call. Earlier this year, Grupo Mexico predicted output of 935,900 tons of copper for 2024, up from the 911,014 tons produced last year.