Business

In a major development for the automotive and tech sectors, Hyundai Motor Company has forged a strategic partnership with Waymo, the autonomous driving subsidiary of Alphabet Inc. This alliance, announced recently, aims to integrate Waymo’s cutting-edge self-driving technology with Hyundai’s acclaimed Ioniq 5 electric vehicle (EV). This partnership marks a critical turning point as both
0 Comments
Rivian Automotive, the electric vehicle startup that has garnered substantial attention in the rapidly evolving automotive landscape, faced a significant setback recently. On Friday morning, the company’s shares plummeted about 4% after revealing disappointing third-quarter delivery numbers—an outcome that fell short of analyst expectations. The company produced 13,157 vehicles but only managed to deliver 10,018
0 Comments
A significant legal clash has erupted between golfer Tiger Woods’ apparel line, Sun Day Red, and Tigeraire, a competitor specializing in athletic cooling products. The conflict centers around branding and trademark accusations. In a move that has caught the attention of sports and business observers, Tigeraire has lodged an opposition against Sun Day Red’s use
0 Comments
Natural disasters can have profound effects on industries dependent on complex supply chains, and the recent case of Hurricane Helene striking the southeastern United States illustrates this phenomenon vividly. General Motors (GM), a stalwart in the automotive industry, faced operational interruptions due to supplier challenges attributed to the hurricane. The closure of production for large
0 Comments
In a significant development that adds another layer to the ongoing strife between auto manufacturers and labor unions, Stellantis has embarked on a legal journey against the United Auto Workers (UAW). This move signifies escalating tensions, not only between the union and the transatlantic automotive giant but also highlights the broader labor landscape in the
0 Comments
The sports industry is witnessing a significant transformation, and the recent discussions surrounding the Miami Dolphins’ minority stake sale are emblematic of this shift. Private equity firms are gradually entering the realm of sports ownership, a move that was virtually unthinkable in the National Football League (NFL) until recently. This article delves into the complexities
0 Comments
In the competitive landscape of full-size SUVs, the Ford Expedition emerges with a renewed focus on sophistication and technology. As the market continues to evolve with newer entrants like the Jeep Wagoneer and attractive three-row crossovers from Kia and Hyundai, Ford is committed to repositioning its Expedition. The growing segment of three-row crossovers is indicative
0 Comments
Eli Lilly & Co., a giant in the pharmaceutical sector, has recently made headlines with its monumental decision to allocate $4.5 billion towards establishing the Lilly Medicine Foundry. This ambitious project is geared towards transforming the landscape of drug manufacturing, focusing on the development of innovative manufacturing methodologies. Intended to streamline efficiency, the facility is
0 Comments