[ad_1] ZWICKAU, Germany – Five years and nearly $ 50 billion in the auto industry’s biggest bet on electric vehicles, Volkswagen CEO Herbert Diess and his guest Chancellor Angela Merkel have come forward as the first ID.3, Germany’s long-awaited response to Tesla, rolled off the assembly line. The event at the company’s flagship electric vehicle … Read more
[ad_1] (CNN) – Two Spirit Airlines officers were injured and one was hospitalized after a carry-on baggage dispute with three passengers turned violent on Sunday, according to a Spirit Airlines spokesperson. Flight 646 from Detroit to Atlanta was on board when officers asked passengers to verify their carry-on baggage was the correct size for the … Read more
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[ad_1] The pandemic has criticized some of the major types of properties, but the changes Blackstone Group Inc. has made to its real estate portfolio over time have helped the investment firm weather the fallout. In the years leading up to the arrival of Covid-19, Blackstone shifted its mix of properties based on changes taking … Read more
[ad_1] Bad behavior doesn’t steal from Delta. The CEO of Delta Air Lines has announced that the carrier will permanently ban passengers who do not respect other customers or the crew. CEO Ed Bastian established the law in a memo sent to employees Friday and shared with Fox News. The executive revealed that the airline … Read more
[ad_1] The shares of General Motors Corp. climbed into record territory on Tuesday, after the automaker said it was partnering with Microsoft Corp. to speed up the marketing of driverless cars. As part of the “long-term strategic relationship”, Microsoft will join General Motors GM, + 9.49%, as well as Honda Motor Co. Ltd. HMC, + … Read more
[ad_1] Cari Gundee rides her Peloton exercise bike at her home on April 6, 2020 in San Anselmo, California. Ezra Shaw | Getty Images Peloton shares fell on Tuesday after UBS downgraded the rating to sell it from neutral, saying an incredible surge over the past year left more downside risk for investors in the … Read more
[ad_1] In this photo illustration, a visual representation of the Bitcoin digital cryptocurrency (BTC) is laid out on a printed circuit board of a hard drive. Yuriko Nakao | Getty Images Investors currently view U.S. Bitcoin and tech stocks as the biggest bubbles in the market, according to a Deutsche Bank survey released on Tuesday. … Read more
[ad_1] Self-driving cars are another big trend that is reshaping the auto industry. On Tuesday, Cruise, a unit of GM that works in this area, announced that it had raised $ 2 billion from Microsoft, GM, Honda and other investors. Rivian and Tesla are also working on automated driving technology. Rivian is different from Tesla … Read more