Business

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Tesla’s Robotaxi event disappointed investors

Tesla’s Robotaxi event disappointed investors

The electric vehicle maker’s shares fell after a much-hyped event that was more about showbiz than financial details.
Boeing cuts 17,000 jobs due to deepening losses in a strike at the factory

Boeing cuts 17,000 jobs due to deepening losses in a strike at the factory

A photo of the Boeing 737 MAX aircraft at the company’s factory in Renton, Washington, on September 12, 2024. Stephen…
Israeli fire wounded United Nations peacekeepers on the second day of attacks

Israeli fire wounded United Nations peacekeepers on the second day of attacks

Israeli forces wounded two United Nations soldiers on Friday, the second straight day peacekeepers were attacked as Israel continued its…
The Wrangler and Coors groups wash their jeans with beer

The Wrangler and Coors groups wash their jeans with beer

Americans can drink less beer today, but that only opens up more creative ways to deal with overcapacity. Wrangler jeans…
Musk shows off a driverless robotaxi that costs less than $30,000

Musk shows off a driverless robotaxi that costs less than $30,000

The electric car maker also unveiled a second vehicle, the Robovan, designed to carry up to 20 people at a…
Tesla’s robotaxi event comes after years of missed deadlines by Elon Musk

Tesla’s robotaxi event comes after years of missed deadlines by Elon Musk

Elon Musk, CEO of SpaceX and Tesla and owner of May 2024. David Swanson | Reuters With by Tesla hotly…
Stellantis announced management reforms at global car brands

Stellantis announced management reforms at global car brands

Unlock Editor’s Digest for free Roula Khalaf, FT Editor, picks her favorite stories in this weekly newsletter. Stellantis has announced…
Sustainable meat alternative companies say the biggest business challenge is funding

Sustainable meat alternative companies say the biggest business challenge is funding

Operate a sustainable abattoir or meat substitute company can be difficult for all sorts of reasons: high cost and consumers…
This Chinese mining company dominates global cobalt supplies. America is crying because of a mistake.

This Chinese mining company dominates global cobalt supplies. America is crying because of a mistake.

With rapid expansion in Africa, CMOC has taken a leading position in metals used in electric vehicle batteries and weapons.
Ripple launches cryptocurrency storage service for banks to diversify

Ripple launches cryptocurrency storage service for banks to diversify

Jakub Porzycki | Nurphoto | Getty Images US blockchain startup Ripple made a major foray into cryptocurrency custody on Thursday,…