Apple hires former Tesla engineer to boost car effort- Bloomberg News

By Reuters Staff 1 Min Read Nov 5 (Reuters) – Apple Inc has hired a former engineer from Tesla Inc in an effort to boost its car-development efforts, Bloomberg News reported on Friday, citing people with knowledge of the matter. (bloom.bg/3wiOp41) (Reporting by Tiyashi Datta in Bengaluru; Editing by Aditya Soni) Go to Source

Tesla to open Canada battery gear factory in Markham, Ontario -mayor

A Tesla logo is pictured on a car in the rain in the Manhattan borough of New York City, New York, U.S., May 5, 2021. REUTERS/Carlo Allegri/File Photo SAN FRANCISCO, Nov 5 (Reuters) – Tesla Inc (TSLA.O) plans to open a factory to produce battery manufacturing equipment in the Canadian city of Markham, Ontario, Mayor… Continue reading Tesla to open Canada battery gear factory in Markham, Ontario -mayor

Autos & Transportation · 1:45 PM UTCGM to extend Chevrolet Bolt plant shutdown by three weeksGeneral Motors Co confirmed Friday it will again halt pro…

Workers assemble Chevy Bolt EV cars at the General Motors assembly plant in Orion Township, Michigan, U.S. November 4, 2016. REUTERS/Joe White/File Photo WASHINGTON, Nov 5 (Reuters) – General Motors Co (GM.N) confirmed Friday it will again halt production at its Orion Assembly plant in Michigan, which makes the Chevrolet Bolt electric vehicle, for three… Continue reading Autos & Transportation · 1:45 PM UTCGM to extend Chevrolet Bolt plant shutdown by three weeksGeneral Motors Co confirmed Friday it will again halt pro…

Technology · 10:51 AM UTCSouth Korean chip firms to omit detailed data in response to U.S. request -sourcesSamsung Electronics and SK Hynix plan to le…

SEOUL, Nov 5 (Reuters) – Samsung Electronics (005930.KS) and SK Hynix (000660.KS) plan to leave out detailed information when supplying Washington with data related to the global chip shortage as they want to protect trade secrets, two sources briefed on the matter said. The South Korean firms – the world’s two biggest makers of memory… Continue reading Technology · 10:51 AM UTCSouth Korean chip firms to omit detailed data in response to U.S. request -sourcesSamsung Electronics and SK Hynix plan to le…

Autos & Transportation · 10:01 AM UTCPorsche, Piech families still backing Volkswagen CEO DiessThe Porsche and Piech families, which control Volkswage…

Volkswagen CEO Herbert Diess looks on during his visit to Volkswagen’s electric car plant in Zwickau, Germany, June 23, 2021. REUTERS/Matthias Rietschel FRANKFURT, Nov 5 (Reuters) – The Porsche and Piech families, which control Volkswagen’s (VOWG_p.DE) largest shareholder Porsche SE (PSHG_p.DE), continue to support the carmaker’s CEO Herbert Diess, a spokesperson for Porsche SE said… Continue reading Autos & Transportation · 10:01 AM UTCPorsche, Piech families still backing Volkswagen CEO DiessThe Porsche and Piech families, which control Volkswage…

TechnologyWhat’s driving the latest Volkswagen power struggle?8:51 AM UTC

Herbert Diess, CEO of German carmaker Volkswagen AG, poses in an ID.3 pre-production prototype during the presentation of Volkswagen’s new electric car on the eve of the International Frankfurt Motor Show IAA in Frankfurt, Germany September 9, 2019. REUTERS/Wolfgang Rattay FRANKFURT, Nov 5 (Reuters) – Volkswagen (VOWG_p.DE) CEO Herbert Diess’ frail relationship with German labour… Continue reading TechnologyWhat’s driving the latest Volkswagen power struggle?8:51 AM UTC

Technology · November 4, 2021 · 11:02 PM UTCUber makes first operating profit as driver shortage easesUber Technologies Inc on Thursday reported its f…

A screen displays the company logo of Uber Technologies Inc on the day of its IPO at the New York Stock Exchange (NYSE) in New York, U.S., May 10, 2019. REUTERS/Brendan McDermid Nov 4 (Reuters) – Uber Technologies Inc (UBER.N) on Thursday reported its first profitable quarter on an adjusted basis since it launched more… Continue reading Technology · November 4, 2021 · 11:02 PM UTCUber makes first operating profit as driver shortage easesUber Technologies Inc on Thursday reported its f…

Autos & TransportationEXCLUSIVE Canada would respond to U.S. tax credits for American built EVs -ministerNovember 4, 2021

Canadian Foreign Minister Francois-Philippe Champagne is seen at the Ministry of Foreign Affairs in Beirut, Lebanon August 27, 2020. REUTERS/Mohamed Azakir OTTAWA, Nov 4 (Reuters) – Canada would respond “appropriately” to proposed U.S. electric vehicle tax credits for American-built vehicles, which it says would harm workers on both sides of the border, Innovation and Industry… Continue reading Autos & TransportationEXCLUSIVE Canada would respond to U.S. tax credits for American built EVs -ministerNovember 4, 2021

Sustainable BusinessFord to retire $5 billion in high-interest debt, issue green bondsNovember 4, 2021

The body and chassis of a Ford pre-production all-electric F-150 Lightning truck prototype are seen at the Rouge Electric Vehicle Center in Dearborn, Michigan, U.S. September 16, 2021. REUTERS/Rebecca Cook/File Photo/File Photo Nov 4 (Reuters) – Ford Motor Co (F.N) said it plans to retire up to $5 billion in high-interest debt and tap into… Continue reading Sustainable BusinessFord to retire $5 billion in high-interest debt, issue green bondsNovember 4, 2021