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China’s Xiaomi dreams of building a car ‘as good as’ Porsche and Tesla

Dec 29, 2023

Xiaomi has unveiled its first electric car, just days after Huawei launched another one of its own, showing that the efforts of Chinese tech giants to join the electric vehicle race are beginning to bear fruit.

Stellantis resurrects small Fiat 500e EV for the U.S., starting at $34,095

Dec 6, 2023

Stellantis is resurrecting the all-electric Fiat 500e for the U.S. market, as the automaker begins to release electric vehicles domestically to meet tightening fuel economy regulations.

McDonald’s investor day is Wednesday. Expect to hear about expansion, tech and China

Dec 6, 2023

McDonald’s is expected to share new details about its accelerated expansion plans, a new spinoff brand called CosMc’s and digital strategy at its investor day on Wednesday.

Wells Fargo CEO warns of severance costs of nearly $1 billion in fourth quarter as layoffs loom

Dec 6, 2023

Wells Fargo CEO Charlie Scharf said Tuesday that low staff turnover means the company will likely book a large severance expense in the fourth quarter.

Soon you’ll be able to buy a Hyundai on Amazon

Nov 17, 2023

Amazon is about to add cars and SUVs to the huge roster of things it sells online. People will be able to shop for Hyundai vehicles on Amazon through an agreement with the South Korean automaker.

Starbucks workers stage ‘Red Cup Day’ strike

Nov 17, 2023

Thousands of Starbucks workers at hundreds of stores went on strike Thursday, as they protested the lack of their first contract despite a nearly two-year organizing drive.

Online hate watchdog moves to dismiss lawsuit from Elon Musk’s X

Nov 17, 2023

Nonprofit online watchdog the Center for Countering Digital Hate on Thursday hit back at Elon Musk’s X in a motion to dismiss the social media company’s August lawsuit.

Apple will make a big change to iPhone messages next year

Nov 17, 2023

The long-standing battle over the iOS’ blue and Android’s green text bubbles will soon take a more friendly turn.

Italy to seize $835m from Airbnb in tax evasion inquiry

Nov 10, 2023

An Italian judge has ordered the seizure of €779.5m ($835.5m; £676.8m) from short-term rental giant Airbnb, over alleged tax evasion.

Starbucks is handing out pay hikes and new benefits. But some are only for non-union workers

Nov 10, 2023

Starbucks employees are getting more pay and new benefits, but some are only going to baristas that haven’t unionized. A National Labor Relations Board judge previously found that similar moves by Starbucks violate federal labor law, with the company appealing the decision.

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