Vauxhall worries that Brexit may force it to close its UK manufacturing.
One of the world’s largest automakers has warned that if the government does not renegotiate the Brexit deal, it may be forced to close UK plants. Stellantis, which owns Vauxhall, Peugeot, Citroen, and Fiat, had pledged to producing electric vehicles…
An ex-Apple engineer has been charged with stealing self-driving car secrets.
Almost five years after fleeing to China, a former Apple worker has been accused with stealing the company’s self-driving vehicle technology. Prosecutors accuse Weibao Wang, 35, of stealing thousands of proprietary files while surreptitiously working for an undisclosed Chinese corporation….
Egg prices are plummeting. This is why:
For months and months, the price of eggs had been skyrocketing. They’re now going splat. According to Urner Barry, an independent price reporting firm, Midwest big eggs — the benchmark for eggs sold in their shells — cost $0.94 per…
Vodafone will lay off 11,000 workers after its new CEO declares that the company is “not good enough.”
Vodafone wants to shed 11,000 positions over the next three years as its new CEO outlines her plans to “simplify” the telecoms company. The reductions represent almost a tenth of its global personnel and will effect its UK headquarters as…
The CEO of 3M was sacked for inappropriate behavior.
On Friday, 3M fired long-serving CEO Michael Vale, alleging “inappropriate conduct and violation of company policy.” Vale was recently appointed as 3M’s group president and chief business and country officer. Vale supervised 3M’s safety, industrial, consumer, transportation, and electronics industries…
Elon Musk has appointed Linda Yaccarino as the new CEO of Twitter.
Elon Musk has appointed a new CEO of Twitter, little over six months after his contentious purchase of the social media business. Linda Yaccarino, the former chief of advertising at NBCUniversal, will be in charge of the site’s business operations,…
Peloton recalls 2 million bikes due to the risk of injury.
Peloton is recalling over two million exercise bikes due to fears that the seat component could shatter and hurt consumers during usage. Owners have been advised to cease using the bikes immediately and contact Peloton for a free repair. The…
Elon Musk has announced the appointment of a new Twitter CEO.
Elon Musk has announced the appointment of a new CEO to head Twitter. He made the announcement on the social media site, which he purchased last year for $44 billion (£35.2 billion). Mr Musk did not name the site’s new…
Food price increases mean that inflation will decline more slowly, according to the Bank of England.
The Bank of England has cautioned that price rises would not reduce as rapidly as predicted due to rising food costs. In an effort to limit price increases, the Fed raised interest rates to 4.5% from 4.25%. The Bank predicted…
The Disney+ streaming service lost 4 million customers in the first quarter.
According to Disney, its flagship streaming service lost 4 million subscribers in the first three months of the year, as part of a larger cost-cutting push. At the same time, the Disney+ platform reduced its losses by $400 million (£316.5…
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