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Automotive

Elon Musk's Neuralink moves legal home to Nevada after Delaware judge invalidates his Tesla pay deal

Elon Musk’s brain implant company Neuralink has moved its legal corporate home from Delaware to Nevada after a Delaware judge struck down Musk's $55.8 billion pay package as CEO of Tesla.
Magna International reports Q4 profit and sales up from year earlier, raises dividend

Magna International reports Q4 profit and sales up from year earlier, raises dividend

TORONTO — Magna International Inc. raised its dividend as it reported its fourth-quarter profit and sales rose compared with a year ago. The auto parts maker, which keeps its books in U.S. dollars, says it will pay a quarterly dividend of 47.
Chinese technology company lashes back at US claims it has ties to military

Chinese technology company lashes back at US claims it has ties to military

BANGKOK (AP) — A Nasdaq-listed Chinese technology company that makes parts for self-driving vehicles is threatening to sue the U.S. government after it was included in a list of companies the Pentagon says have links to the Chinese military.
Indonesian presidential vote highlights tradeoffs between fast growth and a healthy environment

Indonesian presidential vote highlights tradeoffs between fast growth and a healthy environment

JAKARTA, Indonesia (AP) — A presidential election in Indonesia, the world's third-largest democracy, is highlighting choices to be made as the country seeks to profit from its rich reserves of nickel and other resources that are vital to the global t
Ottawa to explore tougher auto-theft penalties, curb access to tools used by bandits

Ottawa to explore tougher auto-theft penalties, curb access to tools used by bandits

OTTAWA — The Liberal government is looking to put a dent in automobile theft by finding ways to ban devices commonly used to steal vehicles and eyeing tougher criminal penalties for perpetrators.
In possible test of federal labor law, Georgia could make it harder for some workers to join unions

In possible test of federal labor law, Georgia could make it harder for some workers to join unions

ATLANTA (AP) — As Georgia shovels out billions in economic incentives to electric vehicle manufacturers and other companies, the state's ruling Republicans are moving to make it harder for workers at those firms to join labor unions, in what could be
Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?

Inflation is nearly back to 2%. So why isn't the Federal Reserve ready to cut rates?

WASHINGTON (AP) — From Wall Street traders to car dealers to home buyers, Americans are eager for the Federal Reserve to start cutting interest rates and lightening the heavy burden on borrowers.
How (and why) to treat your side gigs like businesses

How (and why) to treat your side gigs like businesses

Whether you want your side gigs to replace your day job or simply provide some extra cash, treating them like businesses can keep your finances better organized and help you work smarter.
Japan automaker Nissan's profit stumbles on China sales decline

Japan automaker Nissan's profit stumbles on China sales decline

TOKYO (AP) — Nissan's profit sank in October-December to about half of what it earned the year before, the automaker said Thursday, though it stuck to its earlier earnings forecasts. Nissan Motor Co.
Japan's Honda reports its profit rose on the back of strong U.S. demand

Japan's Honda reports its profit rose on the back of strong U.S. demand

TOKYO (AP) — Japanese automaker Honda's profit rose 3.5% in the October-December quarter from a year earlier on the back of solid demand in the U.S. and Europe and a recovery in its home market, the company said Thursday. Tokyo-based Honda Motor Co.