Peugeot shareholders say yes to merger with Fiat Chrysler
The new company is called Stellantis and is the world's 4th-largest automaker. Enlarge (credit: Rafael Henrique/SOPA Images/LightRocket via Getty Images) For the past few years, Fiat Chrysler Automobiles has been looking to get married. After.....»»
Using gravitational wave observations of a binary black hole merger to verify the no-hair theorem
An international team of researchers including Prof. Badri Krishnan at Radboud University has verified an important property of black holes known as the no-hair theorem using gravitational wave observations. Their research is published in the journal.....»»
Here hires new CEO amid battle with Google to supply maps for self-driving cars
Former Honeywell executive Mike Nefkens will lead the Dutch mapping company, whose shareholders include Audi, BMW, Mercedes-Benz and Bosch......»»
Vitesco calls Schaeffler"s increased offer price "inadequate"
The higher offer came after Vitesco’s management and supervisory boards made multiple public statements acknowledging some shareholders’ views that the offer was too low.....»»
Report: After Altman firing, OpenAI tried to merge with rival—and was rejected
Anthropic CEO Dario Amodei quickly declined job offer and merger, reports say. Enlarge / Anthropic CEO Dario Amodei on Tuesday, July 25, 2023, during a hearing on AI held by the Senate Judiciary Subcommittee on Privacy, Technolog.....»»
A new combined Disney Plus and Hulu app will test launch in December
The Disney Plus and Hulu app merger is still on schedule, even as the former hits the 150 million user milestone......»»
Houston dealership, police take on fraud
Helfman CDJR-Fiat lost about six vehicles, representing about $300,000, each year to customer I.D. fraud before General Manager Steven Wolf and his staff started working with the Houston Police Department to fight these crimes......»»
This peculiar galaxy has two supermassive black holes at its heart
A recent image taken by the Gemini South observatory shows the chaotic result of a merger between two spiral galaxies one billion years ago......»»
James Webb observes merging stars creating heavy elements
The James Webb Space Telescope has detected heavy elements being created in a star merger for the first time......»»
Pendragon shareholders approve Lithia"s $481M acquisition
Pendragon shareholders overwhelmingly approved the $481 million offer from Lithia Motors to buy the major United Kingdom retailer, Pendragon said Wednesday......»»
Lithia"s $481M purchase of Pendragon approved by shareholders
Pendragon shareholders overwhelmingly approved the $481 million offer from Lithia Motors to buy the major United Kingdom retailer, Pendragon said Wednesday......»»
Stellantis drops out of LA Auto Show, SEMA expo due to UAW strike
The company had planned to reveal the North American Fiat 500e electric car in Los Angeles. It's usually a major exhibitor in the SEMA show and won numerous awards last year......»»
New report reveals BP and Shell divestment by small investors offset by mega-shareholder buys
Any divestment from BP and Shell by investors is cancelled out by the top 20 mega-shareholders' acquisition of shares according to new report from the Center for Climate Crime and Climate Justice at Queen Mary University of London.....»»
Stellantis to base "around" 7 models on a fifth, low-cost platform
The Smart Car platform that underpins the Citroen e-C3 will help other Stellantis brands such as Fiat and Opel launch models to compete with low cost Chinese imports......»»
Stellantis pulls out of CES tech expo, citing UAW strike, cost savings
Stellantis has used the world's largest technology show to unveil EV concepts such as the Ram 1500 Revolution pickup and Chrysler Airflow crossover......»»
Microsoft completes $69B Activision Blizzard deal, its biggest merger ever
Activision CEO Bobby Kotick can now look forward to his next $375M chapter. Enlarge / The crucial part, you see, is You. (credit: Microsoft / Activision Blizzard) It has been a long road since January 2022 when Microsoft.....»»
Lithia Motors looks closer to Pendragon acquisition
Lithia Motors' increased offer to acquire the dealership and fleet businesses of Pendragon could bring more long-term value to shareholders of the large U.K. auto retailer vs. a rival auto retailer's preliminary proposal, one analyst said......»»
Why Detroit 3 automakers" EV futures ride on UAW deal
The deals that Ford Motor Co., General Motors and Chrysler parent Stellantis eventually make with the union will go a long way toward determining their electric futures, according to industry experts......»»
Ethical shareholders advocate for environmental change even when it hits their wallets, study suggests
Ethical shareholders in United States firms—who are increasingly pushing for climate change—are willing to accept lower returns on their investments if it means companies change their practices to favor the environment, researchers suggest......»»
Investigating the evolution of a double oxygen-neon white dwarf merger remnant
A research group led by assistant professor Wu Chengyuan from Yunnan Observatories of the Chinese Academy of Sciences has investigated the evolution of post-merger remnant resulting from the coalescence of double oxygen-neon white dwarfs. They have f.....»»
Bob Lutz joins board of lightweight wheel supplier Carbon Revolution
Australian carbon-fiber wheel maker Carbon Revolution named former GM Vice Chairman Bob Lutz and other veteran U.S. auto executives to its board, pending the completion of its upcoming SPAC merger......»»