Luxury Car Brand Jaguar to Go All-Electric by 2025
Struggling luxury car brand Jaguar will be fully electric by 2025, the British company said Monday as it outlined a plan to phase out internal combustion engines. Jaguar Land Rover, …
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Google Fined $1 Million for Misleading French Hotel Rankings
GOOGLE HAS agreed to pay a fine of 1.1 million euros ($1.3 million) after French authorities concluded the search engine displayed “misleading” rankings for French hotels. Previously, Google used the …
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Tesla recalls 15,000 Model X SUVs for power steering issue in North America
Tesla Inc (TSLA.O) is recalling 15,000 Model X SUVs because of a potential issue that can lead to a loss of power steering assist that could make steering harder and …
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Exclusive: Thyssenkrupp-Kone elevator merger would trigger legal war – Schindler
Swiss elevator maker Schindler (SCHP.S) would embark on an all-out antitrust offensive in the courts to stall any deal to combine Thyssenkrupp’s (TKAG.DE) lift division with rival Kone (KNEBV.HE), board …
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MGM Resorts CEO Jim Murren to step down before contract ends
MGM Resorts International’s (MGM.N) Chief Executive Officer Jim Murren will step down before completing his contract, the U.S. casino operator said on Wednesday. Murren will remain CEO and chairman until …
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Fed Chair Powell: ‘no reason’ rising wages, job gains can’t continue
Federal Reserve Chair Jerome Powell on Wednesday reiterated his confidence in the U.S. economic outlook, even as he said he expected some drag “soon” from China’s new coronavirus epidemic and …
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Pentagon expected to back additional Huawei restrictions: source
The Pentagon is likely to back new U.S. restrictions on Huawei Technologies, reversing earlier opposition to a proposal meant to further crack down on exports to the blacklisted Chinese company, …
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