Business

In a significant move set to reshape the landscape of autonomous transportation, Hyundai Motor Company and Waymo have forged a multiyear strategic partnership. This alliance entails the integration of Waymo’s advanced self-driving technology, known as the Waymo Driver, into Hyundai’s innovative Ioniq 5 electric vehicle (EV), which is poised to enhance Waymo’s already formidable robotaxi
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Rivian Automotive’s stock has experienced a decline of approximately 4% amid disappointing production figures for the third quarter. The electric vehicle (EV) startup revealed that it delivered significantly fewer vehicles than anticipated, prompting a downward revision of its production forecast for 2024. Originally targeting 57,000 units, Rivian has adjusted its expectations to a range of
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In recent developments, Stellantis has intensified an ongoing dispute with the United Auto Workers (UAW), taking the unusual step of filing a lawsuit against both the union and a specific local chapter in California. This legal move emerges from the heightened tension between the automaker and the labor organization, marking a significant escalation in a
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In the wake of Hurricane Helene’s devastating impact on the southeastern United States, General Motors (GM) has found itself navigating a challenging landscape. The automaker has paused operations at two significant manufacturing plants in the U.S., which are critical to the assembly of its lucrative large pickups and SUVs. This decision illuminates the vulnerabilities inherent
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The intersection of sports and finance continues to evolve dramatically. The recent discussions around the Miami Dolphins, who are in advanced negotiations to sell a minority stake to Ares Management and billionaire Joe Tsai, exemplify this transformation. As professional sports teams increasingly attract the attention of private equity firms and wealthy individuals, the traditional landscape
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Ford Motor Company is making significant strides with the 2025 Expedition, positioning it as a more sophisticated three-row SUV. This redesign is not merely cosmetic; it reflects a comprehensive commitment to upgrading the vehicle’s interior and exterior aesthetics, creating an inviting atmosphere for both drivers and passengers. Key highlights of the redesign include a modernized
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Eli Lilly is embarking on a transformative journey with a staggering $4.5 billion investment in the “Lilly Medicine Foundry,” a revolutionary center dedicated to refining the manufacturing processes of its pharmaceutical products. This initiative stands at the intersection of research, development, and practical application, aiming to streamline the path from laboratory bench to pharmacy shelf.
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