Hong Kong snacks vendor Best Mart 360 Holdings’ shares surged 32.2% Thursday on news that its controlling shareholders plan to sell a 49% stake to a mainland Chinese state-owned conglomerate. Best Mart 360’s controlling shareholders Lin Tsz-fung and Hui Ngai-fan signed a preliminary agreement to sell 490 million shares to China Merchants Hoi Tung Trading, a… Continue reading China Merchants to pay $126m for 49% stake in HK snacks vendor Best Mart 360
Category: Tech News
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California clears the way to ban new gas car sales
The California Air Resources Board voted Thursday afternoon to phase out the sale of new gasoline-powered cars in the Golden State. The full effect of the binding decision will kick in more than 12 years from now, in 2035, when it will require most new cars and trucks sold in California to run exclusively on… Continue reading California clears the way to ban new gas car sales
2023 Mercedes-Benz EQS SUV begins production in Alabama
Mercedes-Benz began production of its first battery-electric SUV for the U.S. market on Thursday, fronting a movement expected to bring auto manufacturing onshore over the next decade. The 2023 Mercedes-Benz EQS SUV will be made at the automaker’s plant in Tuscaloosa, Alabama, using batteries supplied by a battery factory it opened nearby in Bibb County… Continue reading 2023 Mercedes-Benz EQS SUV begins production in Alabama
Ford reopens order bank and raises prices for 2023 Mustang Mach-E
Ford began taking reservations for its 2023 Mustang Mach-E on Thursday after a four-month hiatus due to short supply. The automaker also boosted the battery-electric SUV’s range and upped the price amid economic headwinds, such as inflation and rising costs for battery materials. Ford closed the order bank for the 2022 model year last spring… Continue reading Ford reopens order bank and raises prices for 2023 Mustang Mach-E
Toyota says there’s no EV demand – maybe try selling one the wheels stay on?
Toyota is at it again, claiming that there’s not enough demand in the United States for electric vehicles – most of which are currently suffering from months of backlog in the United States due to high demand. Even their own bZ4X has a waiting list because, well, the wheels keep falling off. The comments came… Continue reading Toyota says there’s no EV demand – maybe try selling one the wheels stay on?
Tesla sends cease and desist to billionaire running smear campaign
Tesla has sent a cease and desist to billionaire Dan O’Dowd’s Dawn Project, which is currently running a smear campaign against Tesla’s Full Self-Driving Beta. Earlier this year, we reported on Dan O’Dowd, a self-described billionaire and founder of Green Hills Software, a privately-owned company that makes operating systems and programming tools. O’Dowd had launched a Senate campaign… Continue reading Tesla sends cease and desist to billionaire running smear campaign
Ford hikes the price for the 2023 Mustang Mach-E by as much as $8,000
Ford is raising the price of the 2023 Mustang Mach-E a few weeks after doing the same to its other major EV, the F-150 Lightning. The automaker announced that it was reopening the order banks for the popular electric SUV with an adjusted MSRP (manufacturer suggested retail price) that reflects “significant material cost increases, continued… Continue reading Ford hikes the price for the 2023 Mustang Mach-E by as much as $8,000
At Least 900 Dead, 50K Homeless in Pakistan After Summer Floods
“This is a climate-induced humanitarian disaster of very epic proportion.” Terrible Tragedy More than 900 people are dead and 50,000 more are homeless in Pakistan following record breaking amounts of rain, with CNN reporting that tragically, 326 of those killed were children. The devastation, which began in June of this year, is being linked to climate change.… Continue reading At Least 900 Dead, 50K Homeless in Pakistan After Summer Floods
Save Big on LEGO, LeapFrog, PlayDoh and More with Labor Day Toy Deals
Labor Day is a day for relaxing, picnics, family, and putting all your white clothing into storage. The three-day weekend is also another great time to take advantage of deals on everything from mid-sized sedans to mattresses, but there are also plenty of great deals to nab on popular kids toys, either to spoil your… Continue reading Save Big on LEGO, LeapFrog, PlayDoh and More with Labor Day Toy Deals
Get Two Smart Security Cameras For The Price Of One With Blink’s Labor Day Deal
It’s important to take the safety of your home seriously, and Blink has a 50 percent discount on its Blink Mini security camera for Labor Day weekend. Right now, you can get two of its Blink Mini smart security cameras for $35, which is the price it typically charges for one. The company is also… Continue reading Get Two Smart Security Cameras For The Price Of One With Blink’s Labor Day Deal