Bankrupt Lordstown Motors reaches $40 million settlement with Karma Automotive
The settlement, placed with the U.S. Bankruptcy Court for approval, involves $5 million to be paid as a royalty for the use of Karma's intellectual property, which Lordstown was accused of misappropriating. .....»»
GM to recall over 449,000 pickup trucks, SUVs in US
General Motors is recalling 449,671 pickup trucks and SUVs in the U.S. due to inoperative low brake fluid warning, the U.S. National Highway Traffic Safety Administration said on Friday. .....»»
N.Y. pension buying Vista stake tied to late billionaire Brockman
New York State Common Retirement Fund agreed to pay as much as $350 million for Vista Equity Partners fund stakes tied to late billionaire Robert Brockman, an original investor in the private equity firm, according to people familiar with the matter......»»
Headlamp tech that doesn’t blind oncoming drivers—where is it?
The US is a bit of a backwater for automotive lighting technology. Enlarge / No one likes being dazzled by an oncoming car at night. (credit: Getty Images) Magna provided flights from Washington, DC, to Detroit and a.....»»
Auto supplier plans to invest $78.8M at former Stellantis plant in Detroit
Laepple Automotive plans to invest $78.8 million into the former Stellantis Mount Elliott Tool and Die site on Detroit' east side......»»
Top 5 stories of the week: VW drops in-house loans; UAW pressures Stellantis
A quick look at the top automotive stories of the week as determined by reader interest......»»
Lucid eyes Detroit engineering talent ahead of EV launches, powertrain supply agreements
Lucid Motors opened a hub near Detroit to attract vehicle engineers. It also wants to provide its powertrain tech to more automakers......»»
GM uses dealer feedback to implement online sales platform
Nearly 1,000 dealers use General Motors' Digital Retail Platform, which is designed to create a consistent shopping experience and reduce some of the cost required to sell vehicles......»»
Stellantis chair Elkann targeted in $84 million seizure over alleged tax fraud
An Italian judge has seized assets worth around $84 million from five people including Stellantis and Ferrari Chair John Elkann......»»
Deforestation in the Amazon is driven more by domestic demand than by the export market, finds study
Brazilian Legal Amazonia (BLA)—which comprises the entirety of the Amazon Basin located in Brazil and vast adjacent swathes of the Cerrado, spanning nine states—is more than 5 million square kilometers (km2) in area and corresponds to almost 60%.....»»
Hubble lights the way with new multiwavelength view of galaxy NGC 1559
The magnificent galaxy featured in this NASA/ESA Hubble Space Telescope image is NGC 1559. It is a barred spiral galaxy located in the constellation Reticulum, approximately 35 million light-years from Earth. The brilliant light captured in the curre.....»»
Astronomers just detected the biggest black hole jets ever seen—and named them Porphyrion
The largest known black hole jets, 23 million light years across, have been discovered in the distant universe. This pair of particle beams launched by a supermassive black hole is over a hundred times larger than our galaxy, the Milky Way......»»
This $75 million blockbuster was reportedly shot on an iPhone
The upcoming Danny Boyle blockbuster 28 Years Later was reportedly shot using an iPhone 15 Pro Max......»»
VinFast Q2 loss widens on impairment charge, higher overseas outlays
Revenue jumped 33 percent quarter-on-quarter to $357 million but the deeper loss underscores the risks of VinFast's aggressive expansion strategy ......»»
Opnova emerges from stealth with $3.75 million in funding
Opnova announced its official launch, introducing an agentic AI platform designed to close the automation gap in complex operational workflows. Backed by $3.75 million in pre-seed funding co-led by Faber, ScaleX, and Preface Ventures, Opnova is set t.....»»
Man assumes he won $5 from Michigan Lottery -- he really won $4.57 million
Man assumes he won $5 from Michigan Lottery -- he really won $4.57 million.....»»
You can now charge your General Motors EV at a Tesla Supercharger
Owners of a General Motors-built EV can now charge at any Tesla Supercharger station after buying an adapter......»»
General Motors partners with Chicago-based company in a project that could "change the world" — here"s how
General Motors partners with Chicago-based company in a project that could "change the world" — here"s how.....»»
Picus Security raises $45 million to help organizations reduce cyber risk
Picus Security announced it has closed a $45 million growth investment round led by Riverwood Capital with the participation of existing investor Earlybird Digital East Fund, bringing Picus’ total funds raised to $80 million. Picus has over 500 ent.....»»
Edera raises $5 million to improve Kubernetes security
Edera announced it has raised $5 million in a seed round led by 645 Ventures and Eniac Ventures with participation from FPV Ventures, Generationship, Precursor Ventures and Rosecliff Ventures. Angel investors include Joe Beda, Filippo Valsorda, Mandy.....»»
Would you have correctly guessed this Wheel of Fortune puzzle for a $1 million prize?
Would you have correctly guessed this Wheel of Fortune puzzle for a $1 million prize?.....»»