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Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

by Horatio Thompson
Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors …

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BMW imported Mini Coopers tied to banned Xinjiang supplier

by Walter Watson
BMW imported Mini Coopers tied to banned Xinjiang supplier

An employee checks the logo of a car during its final inspection on a production line at Germany’s carmaker BMW plant in Leipzig, eastern Germany, on October 20, 2022. Ronny …

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stocks, news, data and earnings

by Walter Watson
stocks, news, data and earnings

Europe stocks close higher Europe’s Stoxx 600 closed 0.16% higher on Thursday, a second positive session for the regional index which put the 2024 rally back on course. The U.K.’s …

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Autos firms say they expect limited impact from Baltimore port closure

by Ron Morgan
Autos firms say they expect limited impact from Baltimore port closure

The remains of the Francis Scott Key Bridge on March 26, 2024 in Baltimore.  Michael A. McCoy | The Washington Post | Getty Images The Baltimore bridge collapse on Tuesday …

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Volvo shares jump 21% on higher sales, plans to stop Polestar funding

by Walter Watson
Volvo shares jump 21% on higher sales, plans to stop Polestar funding

A Volvo C40 Recharge electric SUV is on display during the Volvo “A New Era of Volvo Cars” press conference at The Shilla Seoul on March 14, 2023 in Seoul, …

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Is Tesla still a buy? What this CIO says, and 3 alternatives he likes

by Horatio Thompson
Is Tesla still a buy? What this CIO says, and 3 alternatives he likes

Tesla ‘s had a bad week. Its earnings missed expectations and its shares experienced the biggest drop in over a year. The U.S. electric vehicle giant has been a big …

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This Swiss auto parts maker’s stock could soar by 75%, Vontobel says

by Horatio Thompson
This Swiss auto parts maker’s stock could soar by 75%, Vontobel says

Switzerland-listed car parts manufacturer Autoneum’s share price could increase by over 70% in the next year, according to Vontobel. The investment bank raised its price target on Autoneum to 215 …

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Finnish startup Varjo launches $3,990 XR-4 mixed reality headset

by Walter Watson
Finnish startup Varjo launches ,990 XR-4 mixed reality headset

The XR-4 is a mixed reality headset from Finnish startup Varjo that’s targeted at the enterprise. Varjo Finnish mixed-reality startup Varjo on Monday launched its latest headset, the XR-4, a …

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UAW members to strike Mack Trucks after voting down tentative deal

by Horatio Thompson
UAW members to strike Mack Trucks after voting down tentative deal

UAW members attend a rally in support of the labor union strike at the UAW Local 551 hall on the South Side on October 7, 2023 in Chicago, Illinois.  Jim …

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UAW, Mack Trucks workers to vote on deal

by Horatio Thompson
UAW, Mack Trucks workers to vote on deal

Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto Workers …

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