Volkswagen targets $70.1 billion to $75.1 billion valuation in planned Porsche IPO

The name of the car manufacturer Porsche is attached to the curved facade of the newly…

London’s Heathrow alters 15% of Monday flights for Queen Elizabeth II’s funeral

British Airways Airbus A319 aircraft takes off from Heathrow Airport in London, Britain, May 17, 2021. …

Uber investigates ‘cybersecurity incident’ after reports of a hack on the company

Uber on Thursday said it is investigating a cybersecurity incident following reports that the ride-hailing company…

Why Ford is keeping its Mustang gas-powered as part of its electric vehicle push

Ford Chair Bill Ford and President and CEO Jim Farley converse in front of newly revealed…

FedEx shares sink after company cites weakening global demand

Shares of FedEx closed down more than 21% Friday after the company posted bleak preliminary earnings,…

Biden pushed railways, unions to ‘be creative’ and ‘flexible’ to reach a deal and avoid a shutdown, White House says

President Joe Biden urged railway executives and union leaders to be creative and flexible in finding…

Ford unveils new gas-powered Mustang, while muscle car rivals go electric

2024 Ford Mustang Source: Ford DETROIT — Ford Motor has always considered the Mustang to be…

Chrysler to end production of 300 sedan after rolling out limited edition V-8 model

2023 Chrysler 300C sedan Chrysler DETROIT — Chrysler will bid farewell to its once-prominent 300 sedan…

Nikola founder Trevor Milton stands trial on fraud charges, capping a stunning rise and fall

CEO and founder of U.S. Nikola, Trevor Milton speaks during presentation of its new full-electric and…

Ferrari just revealed its first-ever 4-door model, a high-riding and powerful sports car called the Purosangue

Ferrari Purosangue Source: Ferrari Ferrari on Tuesday revealed its new Purosangue, the 75-year-old sports car maker’s…