AUTOMOTIVE
- ECONOMY
Carmakers Forced by Chip Crisis to Rethink Just-In-Time Ordering
(Bloomberg) — A century after automakers showed the world the value of assembly-line manufacturing, a shortage of semiconductors is teaching…
Read More » - Finance
Bitcoin is ‘impossible to shut down’, says Ark’s Cathie Wood
It is “impossible [for regulators] to shut [bitcoin] down” and regulators will become “a little more friendly over time” towards…
Read More » - Health
Blink Charging Taps Cash Pile in Electric Car Bet
Blink Charging Co. is using cash acquired in a recent stock offering to expand its network of charging stations ahead…
Read More » - Health
Ford Expects 40% of Global Vehicle Volume to Be Fully Electric By 2030
Ford Motor Co. F 8.51% shares rose to their highest level in nearly five years, after the auto maker outlined…
Read More » - ECONOMY
Ferrari Pitches $500,000 Hybrid Supercar as a Bargain for Daily Driving
(Bloomberg) — The main thing Ferrari will tell you about the 2021 Ferrari SF90 Stradale is how much of a…
Read More » - Tech
Elon Musk Has Become Bitcoin’s Biggest Influencer, Like It or Not
When Elon Musk speaks, bitcoin investors listen. The Tesla chief executive’s often-cryptic messages have sent bitcoin’s price on a roller-coaster…
Read More » - Health
Green Finance Goes Mainstream, Lining Up Trillions Behind Global Energy Transition
Some of the world’s biggest companies and deepest-pocketed investors are lining up trillions of dollars to finance a shift away…
Read More » - Health
Ford Motor and SK Innovation to Form Joint Venture to Build Electric-Car Batteries in the U.S.
Ford Motor Co. has struck a deal with South Korean firm SK Innovation Co. to form a joint venture to…
Read More » - ECONOMY
Biden Team Seeks Chip Information Sharing to Ease Supply Crunch
(Bloomberg) — Commerce Secretary Gina Raimondo said the Biden administration is exploring how to help semiconductor producers and buyers share…
Read More » - Market
These energy stocks are expected by Wall Street to rise up to 37% over the next year
Despite the doom and gloom in the financial media over the past week, 2021 has been a good year for…
Read More » - ECONOMY
Ford Hopes New Electric F-150 Pickup Will Boost EV Street Cred
(Bloomberg) — Linda Zhang, chief engineer of Ford Motor Co.’s new electric F-150 pickup, steers a 3-ton rig onto a…
Read More » - ECONOMY
Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
(Bloomberg) — Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel…
Read More » - ECONOMY
U.S. Federal Reserve Meeting Minutes: April 28 (Text)
(Bloomberg) — Following are the minutes of the Federal Reserve‘s Open Market Committee meeting on April 28: A joint meeting…
Read More » - ECONOMY
The World Economy Is Suddenly Running Low on Everything
(Bloomberg) — A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today,…
Read More » - ECONOMY
Tesla China Sales Falter With Exports Robust on Demand in Europe
(Bloomberg) — Tesla Inc. sales in China dropped last month, a worrying trend amid stepped up criticism of the U.S.…
Read More » - ECONOMY
Google’s Main Business Could Use Some Moonshots
(Bloomberg Opinion) — When Google renamed itself Alphabet Inc. in 2015, co-founder Larry Page revealed that one of the new…
Read More » - Health
BlackRock at Odds With Warren Buffett’s Berkshire Hathaway Over Disclosures
The world’s largest asset manager is in disagreement with the world’s most famous investor. BlackRock Inc. voted for two shareholder…
Read More » - ECONOMY
Why Biden’s Infrastructure Plan Is a Green Jobs Plan
“Once you put capital money to work, jobs are created.” These are not the words of President Joe Biden, announcing…
Read More » - Finance
Elon Musk says Tesla’s cars can now be bought with bitcoin
Tesla chief executive Elon Musk has said that the company’s electric cars can now be bought using the cryptocurrency bitcoin.…
Read More » - ECONOMY
The Pandemic Is Creating a ‘Postwar Boom’ for Luxury Carmakers
(Bloomberg) — Famously reticent to disclose how many cars they sell or at what amount of profit, luxury automakers are finding it…
Read More » - ECONOMY
These Electric Motorcycles Are Set to Take Charge in 2021
(Bloomberg) — The Volcon Grunt isn’t your typical motorcycle. It has cartoonishly blown-up rubber tires and a single cyclops-like LED…
Read More » - ECONOMY
Unions Are Back in Favor. They Need to Seize the Moment.
(Bloomberg Opinion) — Labor is having a moment the likes of which it hasn’t experienced in decades. In Joe Biden,…
Read More » - ECONOMY
Ford Family’s Fifth Generation to Take Seats on Carmaker’s Board
(Bloomberg) — Ford Motor Co. is elevating two of founder Henry Ford’s great-great grandchildren to its board of directors, continuing…
Read More » - ECONOMY
‘Hey, Hey, Money Maker’: Inside the $156 Billion SPAC Bubble
(Bloomberg) — Whenever greed meets reality and giddy markets collapse, Wall Street pros usually admit that they sensed the end…
Read More » - ECONOMY
Singapore Warms to Electric Cars Two Years After Tesla’s Rebuke
(Bloomberg) — After years of not doing much to foster the uptake of electric cars, Singapore has started to embrace…
Read More » - ECONOMY
South Korea and Taiwan’s Chip Power Rattles the U.S. and China
(Bloomberg Businessweek) — There’s nothing like a supply shock to illuminate the tectonic shifts in an industry, laying bare the…
Read More » - ECONOMY
China Investors Await Policy Signals to Boost Faltering Stocks
(Bloomberg) — China’s renewable energy, defense and technology sectors are poised for a boost from the nation’s top political meeting…
Read More » - ECONOMY
Escape Artists Accused of Freeing Carlos Ghosn Can’t Evade Reckoning in Japan
(Bloomberg) — Fifteen months after security contractor Michael Taylor smuggled the former Nissan Motor Co. chairman Carlos Ghosn out of…
Read More » - ECONOMY
Deal for Key Metal in EV Revolution Brought Bonanza for Newcomer
A transfer of lucrative cobalt and copper assets by the Democratic Republic of Congo’s state mining company enabled a little-known…
Read More » - ECONOMY
Biden Team Pressing Taiwan, Allies on Auto Chip Shortfall
(Bloomberg) — President Joe Biden’s top economic adviser, Brian Deese, has sought the Taiwanese government’s help resolving a global semiconductor…
Read More » - Market
Tesla stock’s drop likely related to bitcoin bet
Tesla Inc. stock entered a bear market on Tuesday and a few analysts pinned that on the Silicon Valley electric-car…
Read More » - ECONOMY
When the Fantasy of Better Battery Science Doesn’t Match Reality
They may be waiting a while: The technical challenges of making better batteries (and therefore, electric vehicles) are enormous and…
Read More » - ECONOMY
Elon Musk Loses $15 Billion in a Day After Bitcoin Warning
(Bloomberg) — Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping…
Read More » - Market
U.S. death toll atop 500,433 as Biden calls for unity, face masks and vaccination ‘when it’s your turn’
Just one day after the U.S. recorded half a million deaths from the coronavirus-borne illness COVID-19, the death toll hit…
Read More » - Finance
Tesla’s $1.5bn crypto bet triggers companies to explore bitcoin
Companies are starting to express interest in bitcoin as a long-term investment, following in the footsteps of listed giants such…
Read More » - ECONOMY
Mexico Shifts Into Reverse on Electric Vehicles
(Bloomberg Opinion) — The combustible engine’s end date is firming up: General Motors Co., the largest of the Detroit big…
Read More » - ECONOMY
Cars, Crime, and Startup Culture in HBO’s The Lady and the Dale
(Bloomberg) — Elizabeth Carmichael is a difficult character to love. She conned thousands of people out of their hard-earned money. She…
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