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Facing heavy losses, Honda cancels its three US-made electric vehicles

economy

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Facing heavy losses, Honda cancels its three US-made electric vehicles

Tariffs, torn-up US emissions regs, and being uncompetitive in China are all to blame.

13 days ago

Quince hits $10B valuation with giant $500M round led by Iconiq

economy

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Quince hits $10B valuation with giant $500M round led by Iconiq

E-commerce company Quince has raised another massive round, less than a year after its previous raise.

14 days ago

Amazon expands a program that lets customers shop from other retailers' sites

economy

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Amazon expands a program that lets customers shop from other retailers' sites

The changes allow more merchants to participate in Amazon's Shop Direct program, which sends Amazon customers to other retailers' websites.

14 days ago

Exclusive:

economy

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Exclusive:

The fresh fundraise comes less than a year after Founders Fund closed its third growth fund, a $4.6 billion vehicle intended primarily for follow-on investments in its successful late-stage companies.

16 days ago

Citi: Exploring AI's Role in Global Trade Transformation

economy

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Citi: Exploring AI's Role in Global Trade Transformation

Citi's latest Global Perspectives & Solutions report concludes businesses have demonstrated resilience despite substantial challenges, supported by AI

16 days ago

Google just gave Sundar Pichai a $692M pay package

economy

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Google just gave Sundar Pichai a $692M pay package

Most of it is tied to performance, including new stock incentives linked to Waymo and Wing, its drone delivery venture.

18 days ago