OAKLAND, Calif. – The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to…
Business
Daimler posts forecast-beating results as demand rebounds
FRANKFURT – Carmaker Daimler DAIGn.DE on Thursday posted forecast-beating third-quarter results, citing a faster than expected market recovery and strong…
Daimler posts forecast-beating third-quarter results as recovery takes hold
FRANKFURT – Carmaker Daimler DAIGn.DE on Thursday posted forecast-beating third-quarter results, citing a faster than expected market recovery and strong…
J.C. Penney sale talks stall: Bloomberg News
Talks between J.C. Penney Co’s lenders and the would-be buyers, Simon Property Group Inc SPG.N and Brookfield Property Partners LP…
Unsuited to new era? Fate of formal fashion hangs by a thread
MILAN/SYDNEY/LONDON – Italian luxury designer Brunello Cucinelli makes men’s suits that sell for up to 7,000 euros ($8,200). But even…
Oil eases as new lockdowns raise concern about fuel demand
NEW YORK – Oil prices eased on Thursday as new restrictions to stem a surge in COVID-19 infections dimmed the…
France’s Renault draws down part of state-backed loan
PARIS – French carmaker Renault RENA.PA has drawn down part of a 5 billion-euro ($5.85 billion) loan guaranteed by the…