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After flocking downtown to woo millennials, offices might move back to the burbs

3 horas ago thewallstreetone Comentarios desactivados en After flocking downtown to woo millennials, offices might move back to the burbs
McDonald’s opened its new $250 million headquarters in Chicago in 2018, after 47 years in the suburbs. Source: McDonald’s It was 2016 when General Electric announced it was moving its global headquarters to a smaller space along the central Boston waterfront, away from the quiet suburbs of Fairfield, Connecticut.  Then McDonald’s in 2018 opened its glitzy, new Read More

Led by Tesla, electric vehicle sales are predicted to surge in 2021

2 días ago thewallstreetone Comentarios desactivados en Led by Tesla, electric vehicle sales are predicted to surge in 2021
Tesla Inc CEO Elon Musk speaks at an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Aly Song | Reuters This could be Elon Musk’s moment, or at least when his vision of mass use of electric cars finally takes hold. A new report by Cairn Energy Research Advisors, Read More

Hertz bankruptcy, distressed rental car market hurts U.S. automakers

2 días ago thewallstreetone Comentarios desactivados en Hertz bankruptcy, distressed rental car market hurts U.S. automakers
Signage for Hertz Global Holdings Inc. stands at a rental location in Berkeley, California, U.S., on Tuesday, May 5, 2020. David Paul Morris | Bloomberg | Getty Images Ongoing distress in the rental car market due to the coronavirus pandemic, highlighted by Chapter 11 bankruptcy filings of Hertz and the parent company of Advantage Rent A Read More

Ford resurrects Mustang Mach 1, a throwback to the golden age of muscle cars

2 días ago thewallstreetone Comentarios desactivados en Ford resurrects Mustang Mach 1, a throwback to the golden age of muscle cars
Ford is resurrecting a well-known model of the Mustang called Mach 1, a performance version of the pony car that first debuted in the late 1960s. The company released this teaser image of the vehicle May 29, 2020. Ford Ford Motor is resurrecting a well-known model of the Mustang called Mach 1, a performance version Read More

GM increasing production of highly profitable SUVs, pickups on Monday

2 días ago thewallstreetone Comentarios desactivados en GM increasing production of highly profitable SUVs, pickups on Monday
Trucks come off the assembly line at GM’s Chevrolet Silverado and GMC Sierra pickup truck plant in Fort Wayne, Indiana, July 25, 2018.  John Gress | Reuters General Motors plans to significantly increase production at U.S. plants Monday as part of a gradual reopening of its North American operations following March shutdowns due to the Read More

SoftBank leads $500 million investment in China’s Didi

2 días ago thewallstreetone Comentarios desactivados en SoftBank leads $500 million investment in China’s Didi
Chinese ride-hailing company Didi Chuxing shows off its autonomous vehicle fleet during the World Artificial Intelligence Conference in Shanghai, China in August 2019. Didi Chinese ride-sharing giant Didi Chuxing raised more than $500 million in funding for its autonomous driving division, in a round that was led by SoftBank’s Vision Fund 2. The company announced Read More

5 things to know before the stock market opens May 29, 2020

2 días ago thewallstreetone Comentarios desactivados en 5 things to know before the stock market opens May 29, 2020
1. Dow futures flat ahead of Trump’s China news conference Dow futures were pointing to a relatively flat open after President Donald Trump knocked the wind out Thursday’s solid gains on Wall Street when he said he would hold a news conference Friday on China. JPMorgan strategist Marko Kolanovic, who called the market comeback in Read More

Tesla sent 20 employees to temp at SpaceX, filing shows

3 días ago thewallstreetone Comentarios desactivados en Tesla sent 20 employees to temp at SpaceX, filing shows
NASA astronauts Doug Hurley (left) and Bob Behnken stand in front of the Tesla Model X that will carry them to the launchpad for the SpaceX Demo-2 launch. NASA Tesla said on Thursday that it temporarily assigned 20 of its employees to SpaceX, another Elon Musk-led venture, to work on unspecified technical projects. The disclosure, part of Read More

Musk gets first tranche of multimillion-dollar Tesla incentive payout

3 días ago thewallstreetone Comentarios desactivados en Musk gets first tranche of multimillion-dollar Tesla incentive payout
Elon Musk attends the groundbreaking ceremony of the Tesla Gigafactory in Shanghai, east China, on January 7, 2019. Ding Ting | Xinhua News Agency | Getty Images Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the Securities and Exchange Commission on Thursday. The tranche Read More

CVS Pharmacy, Nuro partner on driverless vehicle prescription delivery

3 días ago thewallstreetone Comentarios desactivados en CVS Pharmacy, Nuro partner on driverless vehicle prescription delivery
Nuro has partnered with CVS to begin a pilot program to deliver prescriptions with self-driving vehicles. The company plans to first use an autonomous Prius fleet to make deliveries, then introduce R2 (pictured), a custom-built delivery bot, in the coming months. Nuro CVS Pharmacy plans to test delivering prescriptions using self-driving vehicles next month as Read More