Peloton to replace CEO John Foley, lower 2,800 jobs
Peloton is replacing its CEO and reducing jobs as the corporate faces a fall in earnings and query. Plus, the electrical automobile industry is expanding within the U.S. with President…
Why electrical automobile prices are falling
Costs for unique and fashioned electrical autos are falling within the U.S., in step with Kelley Blue E book’s info on the 2024 nationwide moderate. Jenni Newman, the editor-in-chief of…
What to learn about the CDK World cyberattack disrupting automobile sellers
A cyberattack on an organization that presents tool for thousands of automobile sellers in North The united states says it be a “ransom tournament.” The hack on CDK World took…
Searching for to search out a automobile? Here’s what it is a have to fill to understand
The moderate unusual automobile designate rose by almost about six percent in 2011 and provided that a automobile is in general the 2d most-costly steal made, after a dwelling, Jill…
MoneyWatch
Automobile companies continue to fight with Ford down 40 percent, Toyota down 32 percent and GM down 49 percent in January. Alexis Christoforous reviews in nowadays’s monetary change.
Knowledgeable analyzes the upward push of additional life like electric vehicles
Tom Narayan, the lead equity analyst for World Autos at RBC Capital Markets, joins CBS Knowledge’ Lilia Luciano and Tony Dokoupil to tell about why automakers are rolling out extra…
Mitsubishi inflated gasoline mileage, and varied MoneyWatch headlines
One other automobile maker fudges its numbers; Intel to fire 12,000 workers; McDonald’s Astronomical Mac may maybe merely glean bigger — or smaller. These and more headlines from CBS MoneyWatch.
Chrysler’s vital make a choice; gas prices climb; Beyonce’s Tidal enhance
Chrysler has recalled spherical 800,000 vehicles because an electronic shifter is complex drivers; gas prices comprise climbed 8 cents in the previous 3 weeks; and Beyonce’s most popular album is…
Tesla stock plummets as Elon Musk considers slashing prices on some vehicles
Tesla stock plummeted nearly 10% the old day amid car label talks. CBS Recordsdata anchors Anne-Marie Inexperienced and Vladimir Duthiers spoke with CBS MoneyWatch reporter Khristopher Brooks about why that…
Sugar costs hit very best level in a decade amid increasing fears of a worldwide scarcity
Prices for sugar acquire soared 19% to this level this year, marking the very supreme level in a decade. Yusuf Khan, commodities reporter for the Wall Aspect road Journal, joins…