Tesla said it intends to invest $ 3.6 billion to expand its manufacturing capabilities in Nevada and is confident that many software-related profits, reflected in the record net income reported Wednesday for the fourth quarter of the last year, will…
Subprime lender Provident Financial will ditch its 140-year-old moniker, as it moves away from the home loan business that made “Provy” a household name. Provident said on Tuesday that it intended to call itself Vanquis Banking Group – the name…
Akio Toyoda, president and CEO of Toyota Motor Corp. Kiyoshi Ota Bloomberg Getty Images Toyota Motor Corporation President and Chief Executive Akio Toyoda will step down from his post on April 1, to be replaced by current Chief Branding Officer…
The move to eradicate rickets by fortifying food with Vitamin D preceded a wave of mysterious infant deaths in the 1930s and 1940s. Now scientists have a better answer as to why. A partial answer came in 2011, when researchers…
Oil companies will shrug off the gloom that has blanketed many other industries when they start reporting earnings this week, with analysts forecasting tens of billions of dollars in quarterly profits. But the outlook is bleaker for the coming year:…
A customer looks at a package of fried mix at a supermarket in Seoul on May 14, 2020. Seong Joon Cho | Bloomberg Getty Images South Korea’s economy experienced its first quarterly contraction since the second quarter of 2020, according…
Days after India blocked a BBC documentary examining Prime Minister Narendra Modi’s role in the 2002 anti-Muslim riots and banned people from showing it online, authorities are scrambling to stop screenings of the program in colleges and universities and restricting…
Elon Musk says Tesla could deliver up to 2 million cars this year after the electric vehicle maker dramatically cut prices across its portfolio to prioritize expanding its customer base at short-term costs. The company’s chief executive on Wednesday sought…
An image of President Donald Trump appears on a video screen before a speech to supporters from the Ellipse at the White House in Washington, Wednesday, January 6, 2021, as Congress prepares to certify electoral college votes. Bill Clark CQ-Roll…
An asteroid the size of a delivery truck will fly past Earth on Thursday night, one of the closest encounters ever recorded. NASA insists it will be an accident with no chance of the asteroid hitting Earth. NASA said Wednesday…