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Cyclone floods coastal villages and cuts power in Bangladesh, where 800,000 had evacuated
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AutoblogChinese cars are pouring into Mexico — and the U.S. is worried
Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
- Yahoo Finance
New Peacock, Netflix, Apple TV+ streaming bundle will cost $15 a month, Comcast says
Streamers are combining forces in the race for loyal subscribers.
- Yahoo Finance
How to manage retirement savings with interest rates remaining elevated
The current interest rate environment is fortuitous for retirees and those nearing retirement.
- Yahoo Finance
Ford CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
- Autoblog
Junkyard Gem: 1989 Ford Ranger Just Do It Edition
A 1989 Ford Ranger pickup covered with handmade Nike "Just Do It" decoration, found in a North Carolina junkyard.
- Autoblog
Robot cars get a big push in China's cities
A New York Times report investigates China's accelerated research and usage of autonomous taxis
- Yahoo Finance
EU automakers slip as China threatens retaliatory tariffs on luxury cars
The Chinese government threatened retaliatory tariffs on imports of European Union and US-made vehicles following the EU’s move to investigate Chinese EV subsidies and the White House’s tariff escalation on Chinese-made goods.
- Yahoo Finance
Ford vice chair John Lawler on EVs, 2024 profits, and why the automaker never abandoned hybrids
Yahoo Finance spoke to Lawler at the Deutsche Bank Global Autos Conference in midtown Manhattan this week. Here's what he said about the demand for hybrid vehicles, EV adoption, profitability, and more.
- Autoblog
Toyota apologizes for cheating on vehicle tests, halts production of three models
Toyota is halting production of three models and apologizing for cheating on vehicle testing, investigation finds.
- TechCrunch
Microsoft intros a Copilot for teams
Microsoft wants to make its brand of generative AI more useful for teams -- specifically teams across corporations and large enterprise organizations. This morning at its annual Build dev conference, Microsoft announced Team Copilot, the latest expansion of its Copilot family of generative AI tech. Unlike Microsoft's previous Copilot-branded products, Team Copilot isn't so much a point solution as a set of capabilities together aimed at "improving collaboration" and "streamlining project management."
- Yahoo Finance
Audi furthers EV push into China with new platform agreement
Volkswagen’s Audi premium group is pushing deeper into the Chinese market with domestic partnerships, signing a deal with state-owned SAIC to develop new EVs for the mainland. This comes as global rivals like GM and Ford look to minimize losses in the region.
- TechCrunch
Tech giants form an industry group to help develop next-gen AI chip components
Intel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components that link together AI accelerator chips in data centers. Announced Thursday, the UALink Promoter Group — which also counts AMD (but not Arm just yet), Hewlett Packard Enterprise, Broadcom and Cisco among its members — is proposing a new industry standard to connect the AI accelerator chips found within a growing number of servers.
- Engadget
TikTok’s AI efforts reportedly exploit loopholes to use premium Nvidia chips
The US has banned companies like Nvidia from selling their most advanced AI chips to China since 2022. But if loopholes exist, profit-hungry corporations will find and exploit them. A bombshell report on Thursday details how Oracle allows TikTok owner ByteDance to rent Nvidia’s most advanced chips to train AI models on US soil.
- Yahoo Finance
Walmart is winning over investors, but its growth story relies on three key e-commerce initiatives
Walmart has been a reliable stock performer — but it needs to grow its e-commerce to maximize its future potential.
- Yahoo Finance
US prepares for antitrust clash with AI heavyweights Nvidia, OpenAI, Microsoft
The biggest antitrust regulators are stepping up their scrutiny of the nation’s most powerful developers of artificial intelligence, the latest effort by the Biden administration to rein in what it views as anticompetitive behavior.
- Yahoo Finance
Paying off a student loan? Your company could match that money in your 401(k).
If you work for an employer that offers a 401(k), a new option this year can help student loan borrowers save for retirement and pay off student loans at the same time.
- Engadget
Elon Musk sued for alleged sexual harassment and retaliation by former SpaceX engineers
Eight former SpaceX engineers filed a lawsuit against Elon Musk on Wednesday, accusing the CEO of sexual harassment and retaliation. The same group of fired employees have also filed complaints with the NLRB about SpaceX’s alleged retaliation.
- Yahoo Finance
JPMorgan predicts 2024 revenue boost as rate expectations shift
The nation's largest bank boosted expectations for a key revenue source in 2024 due partly to fewer rate cuts expected from the Federal Reserve.
- Yahoo Finance
Tesla's Musk is not the only CEO testing new compensation limits
CEO pay is on the rise across corporate America as Tesla stockholders prepare to vote on a $56 billion compensation package for Elon Musk.
- Yahoo Finance
Getting hired now is easier if you make less money
The hiring of low-wage workers is still rising even as demand for higher-paid employees softens.