Ford Motor Company (NYSE:F) has unveiled its all-new F-150 pickup truck, which is laced with net technology features. The new F-150 truck has massive towing and hauling power, with luxury options like reclinable seats and ultramodern tech features. New hybrid F-150 truck can go 700 miles on a full tank Interestingly,...
Tesla Inc (NASDAQ:TSLA) filed a lawsuit against its potential rival Rivian, accusing later of poaching employees and later using some of them to steal trade secrets. According to the lawsuit, Rivians hired dozens of former employees of Tesla, some of whom went confidential organizational, manufacturing, and recruiting information. These...
Burger King has turned Tesla Autopilot confusion into an opportunity to boost its ad campaign after the system started erroneously detecting the fast-food company's signboards as stop signs. Tesla launched an Autopilot update in April this year with a new feature called "Traffic Light and Stop Sign Control," which helps...
Macy’s Inc. (NYSE:M) gave out around $9 million in restricted stock to its top executives just days after the company laid off almost 25% of its corporate employees. Macy's executives awarded restricted stock According to SEC filings, the CEO of the struggling departmental store chain, Jeff Gennette, was given restricted...
Walmart Inc (NYSE:WMT) is fighting a legal suit in which it is accused of mishandling opioid painkillers sold through its in-store pharmacies for years. According to a lawsuit filed by two pension funds seeking access to the company's internal records. According to media reports and information from court documents,...
Ford Motor (NYSE:F) wants to be the company for customers to run to whenever they need the best products! It works to appeal them in many ways. This time around, it creates a leeway that will make it possible for people who lose their jobs to return the vehicles....
Vale SA (NYSE:VALE) announced plans to resume operations at its Voisey’s Bay mine in Canada in the coming month. The leading commercial nickel producer halted operations at the mine in the wake of the coronavirus pandemic. In a recent statement, Vale, which is based in Rio de Janeiro, Brazil...
Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) has announced a delay in plans to resume its voyages in line with directives from the U.S. Centers for Disease Control and Prevention (CDC). The company had previously planned to resume operations once the governments eased the restrictions that had been put in place...
Ford Motor Co (NYSE:F) is expected to showcase its next-generation F-150 truck this week. The truck offers over the air updates to its software as well as a new sleeper-seat component, and the company is counting on the truck to help it in paying off its COVDI-19 related debts. F-150...
Freeport-McMoRan Inc (NYSE:FCX) is considering a new way of running its operations. According to the chief executive of PT Freeport Indonesia, one of its subsidiaries, Tony Wenas, the company is likely to take on all-underground mining by 2022. The shift will first cover about 75% of the company’s operations...