Diesel enginemaker agrees to nearly $2 billion in fines with feds and California
More than 600,000 Ram trucks have Cummins engines with software defeat devices. Enlarge (credit: Cummins) Cummins, which makes diesel engines for trucks, among other products, will pay a record Clean Air Act civil penalt.....»»
Boeing Plans Over $15 Billion Capital Raise as Soon as Monday
Boeing Plans Over $15 Billion Capital Raise as Soon as Monday.....»»
Newsom To The Rescue: Governor Supersizes California’s Film & TV Tax Credits To Get Hollywood Back To Work
Newsom To The Rescue: Governor Supersizes California’s Film & TV Tax Credits To Get Hollywood Back To Work.....»»
Researchers warn against weakening Clean Air Act regulations
A new commentary published in the American Journal of Public Health has found that power plants' use of air pollution control devices saved up to 9,100 lives and up to $100 billion in health costs in 2023. These estimates reveal the substantial healt.....»»
SEC fines tech companies for misleading SolarWinds disclosures
The Securities and Exchange Commission charged four current and former public companies – Unisys Corp., Avaya Holdings Corp., Check Point Software Technologies Ltd, and Mimecast Limited – with making materially misleading disclosures regarding cy.....»»
Hyundai Q3 earnings slump on lower demand
The earnings were hurt by warranty costs of 320 billion won ($231 million) for its Santa Fe crossover engines in the United States......»»
Bird flu hit a dead end in Missouri, but it’s running rampant in California
No new cases in Missouri, but plenty in California and Washington. As H5N1 bird flu continues to spread wildly among California dairy herds and farmworkers, federal health officia.....»»
Your politics can affect whether you click on sponsored search results, new research shows
American businesses spend close to US$100 billion each year to secure top advertising spots in search engine results—even though it's not exactly a secret that most online shoppers scroll right past them......»»
Tesla posts Q3 net income of $2.2 billion, forecasts sharply higher 2025 deliveries
Tesla said it expects to launch lower-cost models next year. "Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.".....»»
Feds clear way for EVTOL startups to bring flying vehicles to U.S. airspace
Feds clear way for EVTOL startups to bring flying vehicles to U.S. airspace.....»»
Meet America"s Newest $1 Trillion Company. Warren Buffett Has Spent $77.8 Billion Buying Its Stock Since 2018
Meet America"s Newest $1 Trillion Company. Warren Buffett Has Spent $77.8 Billion Buying Its Stock Since 2018.....»»
$79 billion—the hidden climate costs of US materials production
A study published today in the journal Environmental Research Letters, has revealed a staggering $79 billion in annual climate-related costs from the production of common materials in the United States. These costs, which stem from greenhouse gas emi.....»»
Tesla Q3 net income rises 17% to $2.2 billion; total revenue up 8% to $25.2 billion
Tesla said it expects to launch lower-cost models next year. "Plans for new vehicles, including more affordable models, remain on track for start of production in the first half of 2025.".....»»
A meteorite strike 3 billion years ago may have helped kickstart life on Earth
Three billion years ago, Earth was a lifeless husk. At least, that’s what some scientists believe. However, that lifeless husk may have found a healthy … The post A meteorite strike 3 billion years ago may have helped kickstart life on Earth.....»»
Tesla makes $2.2 billion in profit during Q3 2024
Tesla's profit margin is looking healthier than it has in a while. After a rocky first half of the year, Tesla enjoyed a much healthier third quarter in 2024. As we learned earlie.....»»
Broadcasting sounds of healthy coral reefs encourages coral larvae growth, study shows
Coral reefs worldwide are in trouble. These ecosystems support a billion people and more than a quarter of marine species. Still, many have been damaged by unsustainable fishing and tourism, coastal construction, nutrient runoff, and climate change......»»
Advanced driver-assistance systems could become $307 billion market by 2035, report says
Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, according to a report by Oliver Wyman Forum. The firm also expects massive revenue growth in EV charging services......»»
Family sues after teen obsessed with Character.AI commits suicide
Character.AI is a $1 billion AI startup founded by two former Google engineers. After leaving Google to start the company, Character.AI cofounders Noam Shazeer and … The post Family sues after teen obsessed with Character.AI commits suicide app.....»»
Apple and Goldman Sachs fined over $89 million for ‘Apple Card failures’
Apple and Goldman Sachs have officially been hit with over $89 million in fines due to “Apple Card failures.” The Consumer Financial Protection Bureau announced the ruling today after a multi-year probe into Apple Card. While it was initially.....»»
Goldman Sachs faces $50M in fines over Apple Card failures
Goldman Sachs could be forced to pay tens of millions of dollars in fines by the Consumer Financial Protection Bureau, over the way it handled complaints about Apple Card and other credit cards.Apple CardGoldman Sachs is keen to get out of its arrang.....»»
GM raises 2024 guidance as Q3 revenue climbs 11%; net income flat; shares rise
GM said it earned nearly $4 billion in North America as third-quarter revenue in the region jumped 14 percent to a record $41.2 billion. Shares rose 7.7 percent in morning trading. .....»»