While it’s unclear, so far, whether the S&P 500 will succeed in staving off a losing week, there’s little doubt that hydrogen stocks will end up significantly lower than before trading began on Monday morning. Between shareholders fearing dilution and the prospect of increased competition, several factors have motivated investors to click the sell button […]
A scenic and remote Central Florida lake was transformed long ago into an incognito home of amazing tales. Its name is X. “We don’t extend invitations to Lake X often,” said legendary boat motor maker Mercury Marine to the Orlando Sentinel, which promptly accepted one and set about learning more. The lake has known paranoia […]
CLEVELAND (WJW) — Packard Motors, an American luxury car and timepiece manufacturer, is launching the revival of a classic car already generating buzz around the world. “This is a sleeping giant waiting to be awakened,” said Scott Andrews, founder and CEO of Packard Motors. WATCH: Low-speed chase circles same neighborhood for half-hour This time reviving […]
General Motors will lay off a total of 1,314 employees at two factories in Michigan in connection to ending production of vehicles, according to the Detroit Free Press. GM filed a WARN notice posted on Thursday that said the Orion Assembly plant’s expected layoff date will take place on Jan. 1, cutting 945 jobs. In […]
California regulators are alleging a San Francisco robotaxi service owned by General Motors covered up the severity of an accident involving one of its driverless cars, raising the specter they may add a fine to the recent suspension of its California license. The potential penalty facing GM’s Cruise service could be around $1.5m, based on […]