Tech executive tapped as new Ferrari CEO as it plans its first EV
Ferrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars. Benedetto Vigna, currently the…
Continue ReadingFerrari has turned to a top tech executive to be its new CEO and lead the company into the age of electric supercars. Benedetto Vigna, currently the…
Continue ReadingEl Salvador has become the first country to adopt bitcoin as legal tender. A majority of lawmakers have approved a proposal from Salvadorian…
Continue ReadingChina’s dominance over the world’s solar industry just took a hit. First Solar unveiled plans Wednesday to double its US manufacturing…
Continue ReadingIn a landmark move, El Salvador has become the first country to adopt bitcoin as a legal form of payment. But there’s still tons of pressure on…
Continue ReadingThe Biden administration said Tuesday it is investigating how tax information from several of the world’s richest people — including Jeff…
Continue ReadingAdd paint to the growing list of things that are getting more expensive. Sherwin-Williams announced Tuesday that “demand remains strong”…
Continue ReadingBritain’s antitrust regulator is investigating whether Ryanair and British Airways broke the law by refusing to refund customers for flights…
Continue ReadingSteel, lumber, plastic and fuel. Corn, soybeans, sugar and sunflower oil. Houses, cars, diapers and toilet paper. Prices are rising almost everywhere…
Continue ReadingChina is getting pummeled by rising costs that have pushed producer price inflation to its highest level in nearly 13 years. Surging inflation in the…
Continue ReadingTesla’s best-selling Model 3 sedan lost two designations from Consumer Reports after the company made changes to the car’s automatic…
Continue ReadingChipotle raised its menu prices by about 3.5% to 4% to cover the cost of higher wages for employees, the company’s Chief Financial Officer John…
Continue ReadingMove over, AMC and GameStop. Wendy’s is the latest hot stock with the WallStreetBets crowd. Shares of Wendy’s surged more than 25% in…
Continue ReadingAmerica is not yet back to its pre-pandemic normal, but some states are already doing better economically than they were before Covid, according to…
Continue ReadingAmerica is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings…
Continue ReadingThe Boeing 737 Max is back in the air, and air travel is finally rebounding, helping restart orders for new planes. But Boeing is still facing a…
Continue ReadingStarbucks will let customers bring their own mugs to US company-owned cafes again starting on June 22. Before the pandemic, the coffee chain…
Continue ReadingAmerica is hiring like never before. Job openings in the United States soared by nearly a million in April, setting a record for the most openings…
Continue ReadingThe historic agreement from the world’s richest nations to impose a global minimum tax doesn’t pose much of a threat to Corporate…
Continue ReadingBitcoin is plummeting yet again. The cryptocurrency has fallen roughly 8% over the past 24 hours, according to Coindesk, and was trading near $33,200…
Continue ReadingGap is finally showing off a first look at its new Yeezy collection with Kanye West nearly a year after the retailer signed the rapper. The first…
Continue Reading