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Tesla launches refreshed Model Y in China to fend off domestic rivals
Tesla launched a revamped version of its Model Y in China.TeslaTesla on Friday announced a revamped version of its popular Model Y in China, as the U.S. electric car giant looks to fend off challenges from domestic rivals.The Model Y…
Both sides of Amazon scored big wins this year that should carry over into 2025
Amazon had a great year as corporate IT cloud spending came back and e-commerce was humming. The direction of the economy next year is the big wild card. Year-to-date performance: up 48.1% Forward price-to-earnings multiple: 36.2 versus…
Why Trump and GOP attacks on IRA can’t score a clean sweep in red states
Volkswagen U.S. assembly of all-electric ID.4 flagship in Chattanooga, Tennessee in 2022.VolkswagenThe new Republican-majority Congress has wasted no time in making its energy priorities clear. Speaker of the House Mike Johnson said from…
Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel
Alistair Berg | Digitalvision | Getty ImagesOnline spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.Sales on…
Auto giants face some painful choices in the race to avoid hefty emissions fines
Various Mercedes-Benz vehicles are assembled in the "Factory 56" production hall.Picture Alliance | Picture Alliance | Getty ImagesCar manufacturers have a number of ways to mitigate the impact of the European Union's stricter emissions…
Chuck E. Cheese makes a comeback, with trampolines and a subscription program
Chuck E. Cheese's parent company has spent $230 million renovated its stores.Source: CEC EntertainmentFour years after exiting bankruptcy, Chuck E. Cheese is making a comeback, thanks to a dramatic makeover to introduce its games and…
Tesla recalling 239,000 vehicles in U.S. over rearview camera failures
New Tesla Model 3 vehicles on a truck at a logistics drop zone in Seattle, Washington, on Aug. 22, 2024.M. Scott Brauer | Bloomberg | Getty ImagesTesla is voluntarily recalling about 239,000 of its electric vehicles in the U.S. to fix an…
Where to find opportunity in commercial real estate as rates climb, according to experts
While uncertainties remain in the commercial real estate market, there are still opportunities for investors, according to asset and wealth managers. Many were hoping the Federal Reserve 's rate cuts would spur a recovery in the sector,…
Wayfair to exit Germany, cut 730 jobs as it looks to focus on physical retail
Wayfair is exiting the German market and plans to cut as many as 730 jobs, or about 3% of its global workforce, as it looks to focus on new growth drivers such as physical retail, the company said Friday.About half of the affected…
Elon Musk promotes far-right Alternative for Germany candidate, hosts discussion on X
Elon Musk used his social network X to promote Germany's far-right Alternative for Germany party, known as AfD, hosting a live discussion Thursday with party leader Alice Weidel, a candidate for chancellor, ahead of a general election on…