Industry

'Cheap' Chevrolet Malibu to Be Phased Out by GM After 60 Years to Focus on Producing New EVs

'Cheap' Chevrolet Malibu to Be Phased Out by GM After 60 Years to Focus on Producing New EVs

General Motors said it will stop producing affordable Chevrolet Malibu cars later this year. The Chevrolet Malibu car is the final cheap sedan in General Motors' vehicle portfolio in the United States.


JPMorgan Chase Australia Fined Over $500,000 for Allowing Suspicious Client Orders on Wheat Futures Trading

The JPMorgan Chase in Australia has been fined A$775,000 ($509,252) for permitting suspicious client orders on wheat futures trading.

Norway’s Oil Explorer Undergoes Final Checks Before Sailing to Barents Sea Oil Field

The Norwegian oil production tanker Johan Castberg is undergoing final checks before she sets sail for a Barents Sea oil field of the same name by Q4 2024.

Elon Musk Wants to Deploy Tesla Robotaxis in China: Reports

During his recent visit to China, Elon Musk reportedly proposed conducting testing of Tesla robotaxis in the country.


Latest News

Kenya Sugar Millers Threaten Shutdown Over Court-Ordered Increase in Farmers' Pay
Kenyan sugar industry turmoil escalates as millers resist a court-ordered pay raise for farmers. A threatened shutdown risks 30,000 jobs and impacts market stability.
NIO Teams Up with GAC Group for Unified Battery Standard, Charging Solutions
NIO partners with GAC Group to establish unified battery standard and advance EV charging solutions, aligning with previous collaborations to pioneer standardized EV technologies
Spirit Airlines Offers Early Departure Packages to Salaried Employees: Here's Why
Ted Christie pointed out the dominance of profits by a handful of major carriers like American Airlines, Delta Air Lines, United Airlines, and Southwest Airlines, who together hold 78% of US domestic airline seats.
Amazon Rolls Out First Fleet of Electric Seaport Trucks in a Bid to Reduce Pollution
Amazon unveiled Tuesday its first fleet of Volvo electric trucks, which will be used to get cargo at the country's busiest container seaport in Southern California.
Sonnenkraft
The 400W double-glass solar panels feature red frames and have obtained general building approval from the German Institute for Building Technology (DIBt).
Meta Expands Offerings for AI Image Generation for Ads
Meta, the parent company of Facebook and Instagram, revealed on Tuesday its plan to broaden its generative AI advertising tools offerings.
Musical instrument retailer Sam Ash announced it would be closing all of its stores by July 2024 after 100 years in the business.
Japan Bolsters Defense Supply Chain by Contracting JSW To Produce Armored Vehicles for Self-Defense Forces
Japan is now bolstering its defense supply chain. As part of this effort, the Japanese government contracted JSW to produce armored vehicles.
Elon Musk Bashes Boeing for Having Too Many Non-Technical Managers Amid Tesla Layoffs
Elon Musk says Boeing has too many non-technical managers, criticizing the company while he continues to conduct Tesla layoffs.
Amazon Web Services to Invest Nearly $9 Billion to Boost Cloud Computing Venture in Singapore
Amazon Web Services (AWS) is planning to invest nearly $9 billion to expand its cloud computing infrastructure and services in Singapore.
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