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Ford hit with $165M penalty from NHTSA, second-highest in agency’s history

The National Highway Traffic Safety Administration (NHTSA) imposed a $165 million civil penalty on Ford…

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Hacker sentenced over bitcoin theft worth billions

A hacker who helped launder the proceeds of a bitcoin theft from a cryptocurrency exchange was…

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Advance Auto Parts closing hundreds of locations following sluggish performance

Advance Auto Parts on Thursday announced that it is planning to close more than 700…

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Rivian shares surge 15% after Volkswagen invests $5.8B as part of joint venture

Shares of Rivian jumped over 15% on Wednesday after the electric vehicle maker announced a…

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23andMe cuts 40% of its workforce

Genetics testing company 23andMe said on Monday that it is cutting its headcount by 40%,…

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Tesla headed for $2T valuation after Musk’s ‘big bet’ on Trump win, analysts say

Tesla shares continue to soar after President-elect Trump secured a second term in the White…

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Bentley pushes back timeline for transition to full-EV lineup

Bentley is delaying the timeline for its planned transition to an all-electric vehicle lineup. The…

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Trump’s win sends stock investors into a buying frenzy

The red wave that catapulted President-elect Trump to a second term created a green money…

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US stocks saw biggest inflow since June on day of Trump’s election win: Bank of America

Investors poured $20 billion into U.S. equity funds on Wednesday after President-elect Trump was declared…

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Volkswagen recalls over 114,000 Beetle, Passat vehicles due to potential risk of airbag inflator explosion

Volkswagen is recalling nearly 114,500 of its Beetle and Passat vehicles in response to the…

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