Truly autonomous cars may be impossible without helpful human touch

By Nick Carey and Paul Lienert MILTON KEYNES, England -Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry...

Dutch students devise carbon-eating electric vehicle

By Dan Fastenberg - The sporty all-electric car from the Netherlands resembles a BMW coupe, but is unique: It captures more carbon than it emits. "Our end goal is to create a more sustainable...

Fuel markets to stay tight till mid-2020s as refining shrinks

By Ahmad Ghaddar LONDON - Crude oil refining capacity has shrunk by a record 3.8 million barrels per day from March 2020 to mid-2022 as demand expanded, setting the stage for fuel markets to...

Battery startup ONE aims to slash cell cost, deliver 600-mile range

By Paul Lienert - Michigan-based startup Our Next Energy has unveiled a new anode-free battery pack designed to slash cell cost as much as 50% while delivering up to 600 miles (965 km) of driving...

Electrolux to cut costs as inflation hits demand

COPENHAGEN -Sweden's Electrolux plans to start a cost-cutting programme in response to softer than expected demand and weak earnings against a backdrop of high inflation, it said on...

Truly autonomous cars may be impossible without helpful human touch

By Nick Carey and Paul Lienert MILTON KEYNES, England - Autonomous vehicle (AV) startups have raised tens of billions of dollars based on promises to develop truly self-driving cars, but industry...

European Stock Futures Higher; Ukraine Offensive Helps Tone

By Peter Nurse Investing.com - European stock markets are expected to open with modest gains Monday, continuing the positive trend seen at the end of last week, helped by the substantial...

Tesla Stock Pops as IRA Prompts Analyst to Upgrade to Outperform

By Senad Karaahmetovic Shares of Tesla are up over 1% in premarket Tuesday after a Wolfe Research analyst upgraded shares to Outperform from Market Perform with a $360 per share price target. The...

Lazard hires ex-JPMorgan vice chairman Donahue for private credit

By Lananh Nguyen NEW YORK - Lazard (NYSE:LAZ) Ltd has hired a former JPMorgan banker, Timothy Donahue, as vice chairman of U.S. investment banking in New York, Lazard said on Tuesday. Donahue,...

Cryptoverse: Bitcoin's no longer the king of the swingers

By Lisa Pauline Mattackal - Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring. Yet, of late, it's been eerily subdued. The king of the swingers has...

Inside Tesla's drive to keep Musk's battery promise

By Norihiko Shirouzu and Paul Lienert - The secret behind Elon Musk's goal of selling 20 million Tesla (NASDAQ:TSLA)'s a year by 2030 lies in its pioneering battery technology. The good news is...

Toyota triples planned investment to $3.8B in U.S. battery p…

By Paul Lienert - Toyota Motor Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for electric...

Market is Underappreciating Upside Risks of Likely Strong August Jobs Report

By Senad Karaahmetovic After U.S. stocks sold off on Friday in response to Fed Chair Powell’s remarks at the Jackson Hole conference, the market is now shifting its focus towards the upcoming...

Toyota triples planned investment to $3.8 billion in U.S. battery plant

By Paul Lienert - Toyota Motor (NYSE:TM) Corp will boost its planned investment in a new U.S. battery plant from $1.29 billion to $3.8 billion, partly in response to rising consumer demand for...

U.S. Labor Day weekend travel volumes seen rebounding to pre-pandemic levels

By Doyinsola Oladipo NEW YORK - The number of people traveling for the U.S. Labor Day holiday weekend is expected to rebound to pre-pandemic levels and possibly set new records in some cases,...

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