Business

Tesla Semi could make an awesome electric motorhome based on the specs released by Tesla this week and how incredible these renders of the electric truck look as a motorhome. There’s something about the idea of an all-electric and solar-powered motorhome that is extremely attractive to many people. During the day,…

U.S. stocks edged lower in choppy trading Wednesday, extending a downtrend that started the week as investors weigh higher interest rates and the prospect of an economic downturn against optimism around easing COVID protocols in China.The S&P 500 (^GSPC) slumped 0.3%, while the Dow Jones Industrial Average (^DJI) fell roughly 50 points, or…

Tesla down in after-market trading after resultsMarkets gyrate in closing minutes after Powell Q&AMattel up on winning back Disney Princess license from HasbroIndexes: Dow off 0.38%, S&P down 0.15%, Nasdaq up 0.02%NEW YORK, Jan 26 (Reuters) - The S&P 500 ended lower on Wednesday, taking an abrupt nosedive that reversed earlier solid…

According to the Philadelphia Inquirer, reports of customers getting erroneously accused of rental vehicle theft first arose a couple of years ago.GET FOX BUSINESS ON THE GO BY CLICKING HEREPeter Aitken contributed to this report. Read More: Hertz to pay $168 million over theft, arrest problems

New York CNN Business  —  The Keystone Pipeline has been shut down following a leak discovered near the border of Kansas and Nebraska. The shutdown of the major oil pipeline that carries crude from Canada triggered volatility in the energy market on Thursday, with oil…

Oil giant BP claims use of its BP pulse electric vehicle chargers is “on the cusp” of being more profitable for the company than filling up an internal combustion-powered car with gas. Once that happens, it could mark a major turning point for EVs and “big oil”. The business of EV charging – filling up a car with electrons rather than…

The Paris-based IEA, energy watchdog for developed countries, warned that the high energy prices and consumer pain wrought by the gas crunch makes the case for future mandatory storage quotas for European companies."We believe there are strong elements of tightness in Europe's gas markets due to Russia's behavior," Birol told reporters, noting…

Intel has selected Ohio for a new chip manufacturing complex that would cost at least $20 billion, ramping up an effort to increase U.S. production of computer chips as users grapple with a lingering shortage of the vital components.Intel said Friday that the new site near Columbus would initially have two chip factories and would directly…

FTX founder sought to raise $7 billion from investors including Sequoia, Apollo, TPG, three sources sayFTX also turned to Nomura and Saudi wealth fund - sourcesFTX and trading affiliate Alameda, nominally independent, both listed same assets on their books - investor presentationsRecords seen by Reuters show FTX diverted large share of fee…

Tesla and Spacex CEO Elon Musk has criticized Twitter for using its engineering resources to provide a non-fungible token (NFT) profile picture service. “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread,” Musk said. Elon Musk Criticizes How Twitter Uses…