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Tesla is offering Cybertruck discounts as EV market gets crowded
A soldier walks next to a Tesla Cybertruck, which was donated to the National Guard, after powerful winds fueling devastating wildfires in the Los Angeles area forced people to evacuate, in the Pacific Palisades neighborhood on the west…
Here are 7 steps homeowners and renters should take after a wildfire, experts say
Flames and smoke from the Palisades Fire surround a home (C) in the community of Topanga, California, on January 9, 2025. David Swanson | Afp | Getty ImagesFirefighters are still working to contain the record-breaking fires that have…
FTC sues PepsiCo, alleging price discrimination is raising costs for consumers
Cans of Pepsi are on display at a Target store in the Flatbush neighborhood of Brooklyn, New York City, on Feb. 9, 2024.Michael M. Santiago | Getty ImagesThe Federal Trade Commission said Friday that it is suing PepsiCo for illegal price…
Why 2025 is set to be a crucial year for Amazon’s Zoox robotaxi unit
A Zoox robotaxi sits outside the company's large office and warehouse in Las Vegas.Michael Wayland / CNBCLAS VEGAS — This year is expected to be a crucial one for Amazon's autonomous vehicle unit Zoox, as the company plans to grow its…
From giant Lego-style bricks to artificial reefs, how the construction industry is using
The problem of stolen manhole covers in Turkey might seem an unlikely starting point for a new way for buildings to withstand earthquakes and tackle the construction industry's environmental issues, but when a Turkish businessman heard…
Investors pitch new international basketball league that would offer players equity
Maverick Carter, co-founder and chief executive officer of The SpringHill Company, during the USC Next Level Sports Conference in Los Angeles, California, US, on Thursday, Oct. 17, 2024. Kyle Grillot | Bloomberg | Getty ImagesA group of…
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
New Tesla cars are displayed at a Tesla dealership on December 20, 2024 in Corte Madera, California. Justin Sullivan | Getty ImagesDETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the…
Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025
Interest rates moved lower near the end of 2024 as the Federal Reserve cut rates three times, shaving a full percentage point off the federal funds rate since September. In 2025, that trend is likely to continue.But with inflation still…
Comcast and Harris Blitzer to build new NBA, NHL stadium in south Philadelphia
Joe Daniel Price | Moment | Getty ImagesHarris Blitzer Sports & Entertainment announced on Monday a joint venture with Comcast Spectacor to build a new arena in South Philadelphia for the NBA's 76ers and the NHL's Flyers.The deal…
How Nissan’s profits dropped 90% in one year
A merger with rival Honda may be Nissan's best — or perhaps only — shot at survival.The Japanese automaker is challenged in China, emerging markets and the United States — its largest market. Operating profits dropped 90% and net income…