Cruise, the self-driving vehicle company majority owned by General Motors Co., is in talks to acquire Voyage, an autonomous technology startup that operates in retirement communities, according to people familiar with the matter.
March 3, 2021Latest News Updates From Bloomberg News
Tesla Stock Wipes Out Gains for the Year
Tesla Inc. shares wiped out their year-to-date gains Feb. 23 and briefly traded below the level where they were when the electric carmaker entered the S&P 500 Index in December.
February 23, 2021Yellen Favors Higher Company Tax
Treasury Secretary Janet Yellen said President Joe Biden favors boosting taxes on companies, and signaled openness to considering raising rates on capital gains, while steering clear of a wealth levy.
February 22, 2021Electric Aircraft Demand Seen Growing for Deliveries
Electric aircraft such as drones could account for 30% of same-day package deliveries by 2040 as network scale dramatically brings down costs, according to L.E.K. Consulting.
February 16, 2021North Carolina Environmental Chief Michael Regan Tapped to Lead EPA
President-elect Joe Biden is nominating Michael Regan to lead the EPA, putting a North Carolina environmental regulator in line to chart national policy on combating climate change and pollution, according to people familiar with the matter.
December 17, 2020First Hiccups Seen in US Push to Deliver COVID-19 Vaccine
The first hiccups in the distribution of a COVID-19 vaccine in the U.S. included a holdup in delivering 3,900 shots to two states and the announcement that Pfizer Inc. would deliver almost a million fewer doses next week than are set to ship this week.
December 16, 2020Getting US to Zero Carbon May Cost $2.5 Trillion by 2030
It鈥檚 going to take $2.5 trillion in spending over the next decade to get the U.S. on a path to a carbon-free economy, but the transition will help to pay for itself, Princeton University researchers say.
December 15, 2020Tesla Plans to Start Shipping Out Cars Made at Shanghai Gigafactory
Tesla Inc. plans to ship cars made at its Shanghai factory to other countries in Asia and Europe, according to people familiar with the matter, shifting its strategy for the plant to largely focus on supplying the local market.
September 11, 2020McConnell Plans Vote on Relief Plan That Pelosi Calls 鈥楩raudulent鈥
Congressional leaders hardened their battle lines on additional fiscal stimulus on Sept. 8, with House Speaker Nancy Pelosi labeling Republican Senate Majority Leader Mitch McConnell鈥檚 proposal for a slimmed-down package 鈥渇raudulent.鈥
September 8, 2020Trump Says He鈥檒l Ask Congress for Additional Economic Stimulus
President Donald Trump said he鈥檒l ask Congress to pass more economic stimulus, including a payroll tax cut, even after the government reported a surprise improvement in U.S. unemployment June 5.
June 5, 2020Trending
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