Various Mercedes-Benz vehicles are assembled in the “Factory 56” production hall. Picture Alliance | Picture Alliance | Getty Images Car manufacturers have a number of ways to mitigate the impact of the European Union’s stricter emissions targets, although analysts say all options are likely to come at a significant cost. The prospect of steep fines for failing … Read more
The logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange on Sept. 26, 2023. Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Co. posted December quarter revenue that topped analyst estimates, as the company continues to get a boost from the AI boom. The world’s … Read more
Ford Motor CEO Jim Farley during a reveal of a special-edition Ford Mustang GTD for the Detroit Auto Show on Jan 9, 2024. Michael Wayland/ CNBC DETROIT — Ford Motor‘s operations in China earned roughly $600 million last year despite challenging market conditions, CEO Jim Farley said Thursday night. “I’m happy to say that Ford makes … Read more
A new report by the online career resources platform Resume Genius found that now is a great time to hold an associate’s degree (or begin the path to get one). The median salary for an associate degree holder ($62,180) is higher than the U.S. median salary ($48,060) and career opportunities for associate degree holders, or … Read more
Jakub Porzycki | Nurphoto | Getty Images Just 10 days before the U.S. ban on TikTok goes into effect, businessman Frank McCourt’s internet advocacy group Project Liberty announced Thursday it has submitted a proposal to buy the social media site from Chinese technology company ByteDance. Project Liberty and its partners, known as “The People’s Bid … Read more
Bankers take note: AI could be your next coworker. Bloomberg Intelligence surveyed chief information and technology officers at 93 major banks, including Citigroup, JPMorgan, and Goldman Sachs, in a report released Thursday. The report showed that AI could lead to as many as 200,000 job cuts in the banking industry in the next three to … Read more
Used Honda Pilots are displayed on the sales lot at Honda Marin on February 06, 2024 in San Rafael, California. Justin Sullivan | Getty Images Used vehicle prices are expected to continue to stabilize in 2025 after swinging wildly for several years before starting to calm down in 2024. Auto data and logistics firm Cox … Read more
Tourists take photos in Shinsekai with Tsutenkaku tower in sight in Osaka, Japan, on December 12, 2024. Kichul Shin | Nurphoto | Getty Images Planning an international trip this year? You could be in luck, if you’re willing to fly far. Long-haul trips are cheaper than last year, according to data released this week from … Read more
Kevin O’Leary is talking about buying TikTok again, but this time with more specifics. The social media app is less than two weeks away from facing a potential ban, though the Supreme Court is set to rule on a pause on Jan. 10 after TikTok and its parent company, China-based ByteDance, asked the Court to … Read more
Elon Musk’s plan to host a chat with the leader of the Alternative for Germany (AfD) party on his X social media platform has angered European politicians— but they’ll struggle to stop him. The tech billionaire is set to speak on Thursday with Alice Weidel, head of the AfD — Germany’s far-right party. It is … Read more
