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- Yahoo Finance
California fast-food franchise owners, consumers feel brunt of minimum wage hike
Closures may leave some consumers wondering about the state of the overall business.
- Yahoo Finance
Is this the Tesla robotaxi killer? Meet the 'Verne.'
Watch out Elon Musk. there’s another robotaxi play in town, and it’s backed by a highly-regarded name in the business of EVs.
- Yahoo Finance
Rivian stock soars as Volkswagen says it will invest up to $5 billion in new joint venture
Rivian shares are surged after the EV maker announced a joint venture deal with Volkswagen, crucially bringing fresh capital into Rivian’s coffers.
- Yahoo Finance
McDonald's $5 value meal hits menus as the Golden Arches looks to bring customers back
McDonald's is out with a value meal as it looks to change consumers' perception that it's too expensive.
- Autoblog
Chinese cars are pouring into Mexico — and the U.S. is worried
Four years after the United States-Mexico-Canada trade agreement (USMCA), Mexico and the U.S. face the prospect of cheap Chinese electric vehicles dominating a fast-growing market and undermining GM, Ford, and Tesla.
- Yahoo Finance
Ford CEO on the future of EVs, Detroit, and his relationship with Tesla's Elon Musk
Ford CEO Jim Farley sat down for a new edition of Yahoo Finance's Opening Bid podcast, sharing why the auto giant has spent $1 billion to rebuild a Detroit landmark and why he remains bullish on EVs.
- Yahoo News
CDK Global crippled by cyberattack, disrupting vehicle sales in U.S. and Canada. Here’s a look at what happened and where things stand.
Car dealerships will need to do sales by hand due to a cyberattack on a popular system.
- Autoblog
2025 BMW M3 bakes in 3 Series updates; Competition xDrive gets power bump
BMW is overhauling its 3 Series for 2025; the sporty M3 gets the same love, but no meaningful performance adders.
- Yahoo Finance
Chinese EVs are 'driving into Mexico' — and it's starting to worry the US
The early success of Chinese brands in Mexico and Latin America offers a glimpse into the expansion strategy for these carmakers outside of the world’s largest EV market.
- Autoblog
Fiat Grande Panda is a compact hatchback with a serious attitude
The 157-inch long Fiat Grande Panda is the first car in a planned family of Panda off-shoots. It will be offered as a hybrid and as an EV.
- Engadget
Uber is locking New York drivers out of its apps and blaming a city pay rule
For the last month, Uber has been locking New York City drivers out of its apps during low-demand periods, and Lyft has threatened to do so, too. The ride-hailing companies blame an NYC pay rule.
- Autoblog
Toyota apologizes for cheating on vehicle tests, halts production of three models
Toyota is halting production of three models and apologizing for cheating on vehicle testing, investigation finds.
- TechCrunch
China's $47B semiconductor fund puts chip sovereignty front and center
China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and manufacturing wafers — prioritizing what is called chip sovereignty. China's National Integrated Circuit Industry Investment Fund, also known simply as "the Big Fund," had two previous vintages: Big Fund I (2014 to 2019) and Big Fund II (2019 to 2024). The latter was significantly larger than the former, but Big Fund III is larger than both at 344 billion yuan, or about $47.5 billion, public filings revealed.
- Yahoo Finance
Ford vice chair John Lawler on EVs, 2024 profits, and why the automaker never abandoned hybrids
Yahoo Finance spoke to Lawler at the Deutsche Bank Global Autos Conference in midtown Manhattan this week. Here's what he said about the demand for hybrid vehicles, EV adoption, profitability, and more.
- Autoblog
Robot cars get a big push in China's cities
A New York Times report investigates China's accelerated research and usage of autonomous taxis
- TechCrunch
Tech giants form an industry group to help develop next-gen AI chip components
Intel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components that link together AI accelerator chips in data centers. Announced Thursday, the UALink Promoter Group — which also counts AMD (but not Arm just yet), Hewlett Packard Enterprise, Broadcom and Cisco among its members — is proposing a new industry standard to connect the AI accelerator chips found within a growing number of servers.
- Yahoo Finance
Oil to rise to $86 per barrel this quarter on 'solid summer demand,' Goldman says
Oil prices are headed higher this summer, according to Goldman Sachs analysts. Demand from China and Strategic Petroleum Reserve refills will keep Brent from breaking a $75 floor.
- Yahoo Finance
'Don't fire Steve Jobs': Tesla analysts react to approval of Elon Musk's pay package
Tesla stock slipped slightly on Friday after shareholders reapproved Elon Musk’s record-breaking pay pact, removing a big overhang on the stock as investors blessed the controversial compensation plan.
- Yahoo Finance
Why rising avocado prices won't be a big deal for Chipotle
Avocado prices from Mexico spiked last week after the USDA paused inspections. Does Chipotle have anything to worry about?
- Yahoo Finance
Walmart is winning over investors, but its growth story relies on three key e-commerce initiatives
Walmart has been a reliable stock performer — but it needs to grow its e-commerce to maximize its future potential.