Warning of tough times ahead, CEO of Volkswagen Passenger Cars, Thomas Schäfer, addressed top VW employees this week, telling them, “This is the final wake-up call.” Schäfer is calling for a short-term spending freeze to get costs under control. “We are letting the costs run too high in many years,” VW’s leader proclaimed during an
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Tesla has unveiled its V4 Supercharger station, and it now includes a credit card reader for the first time. When Tesla first launched the Supercharger network in 2012, it was a free service to Tesla owners. Later, the automaker started charging some Tesla owners for charging at the Supercharger stations, but it was only for
Changpeng Zhao, billionaire and chief executive officer of Binance Holdings Ltd., speaks during a session at the Web Summit in Lisbon, Portugal, on Wednesday, Nov. 2, 2022. Zed Jameson | Bloomberg | Getty Images Crypto exchange Binance is laying off employees in response to an ongoing Justice Department probe that is likely to end with
In this article XRP.CM= BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong | S3studio | Getty Images Cryptocurrencies headed for a winning week after a
Boris Johnson has called for NATO to set out a clear timetable for Ukraine to join the alliance – and claimed some member nations still want to negotiate a peace deal with Vladimir Putin. The former prime minister made the intervention following the NATO summit in Vilnius, Lithuania, earlier in the week. At the meeting,
French space sector firm Promethee on Friday said it was exploring the possibility of placing its nanosatellites in orbit using the Vikram-series of launch vehicles being developed by Indian start-up Skyroot Aerospace. Skyroot co-founder Pawan Kumar Chandana held discussions with Promethee President Olivier Piepsz on the sidelines of the official visit of Prime Minister Narendra
Mere days after teasing the debut of an all new “electric pony,” Ford has delivered – and it’s not what we expected. At the annual Goodwood Festival of Speed, Ford just unveiled the Mach-E Rally – an off-road version of its all-electric Mustang. Have a look. The Goodwood Festival of Speed is an annual event
View of Russian oil port Novorossiysk. Алексей Облов | Moment | Getty Images Spot prices of Russia’s crude oil this week surpassed the $60-per-barrel threshold of the Group of Seven’s oil price cap scheme, as Moscow and Riyadh tighten supplies. The G7 introduced its oil price cap mechanism on Dec. 5 to retain Russian flows
Bill Connelly, ESPN Staff WriterJul 14, 2023, 07:00 AM ET Close Bill Connelly is a staff writer for ESPN.com. Aside from select ACC Atlantic members, there might not be anyone on the planet happier about the trend of ditching college football divisions than Penn State coach James Franklin. Over the last six full seasons (not
A nursery teacher in China has been executed after killing one child and injuring 24 others by poisoning their porridge. Wang Yun was sentenced to death in September 2020 following the incident at Mengmeng Pre-school Education in Jiaozuo in March 2021. She put sodium nitrite into the porridge of the students of another teacher in
Ukrainian forces say they have conducted a “special operation” on a Dnipro island, as dramatic footage shows soldiers using speed boats and drones. Ukrainian special forces are said to have headed towards the Russian-held island, firing weapons as they drew closer, aerial footage posted by the Ukrainian army’s command of the special operations forces shows.
Self-driving vehicles could be used to bridge the gaps in the UK’s public transport network, according to the results of a new government-led study. The study, the first of its kind in the country, found up to 72% of people believed the vehicles could be used to improve transport links – particularly in rural areas.
The Los Angeles County sheriff has said an incident where a police officer punched a woman twice in the face while she held her three-week-old baby was “completely unacceptable”. Sheriff Robert Luna said in a news conference that he has sent the case to the county district attorney’s office, which will decide whether to file
Young adults and renters are some of the groups of people worst hit by rising prices as official figures show around 1 in 20 said they’d run out of food in the past 2 weeks and couldn’t afford more. Those aged 25 to 34 were at greater risk of financial vulnerability than those over the
Marc Raimondi, ESPN Staff WriterJul 12, 2023, 08:10 PM ET UFC heavyweight Walt Harris is out of his scheduled UFC Fight Night bout Saturday against Josh Parisian after testing positive for a banned substance, he posted Wednesday on Twitter. The United States Anti-Doping Agency (USADA) confirmed to ESPN that Harris has been notified of the
Africa’s video game market has been doing well. In 2022, games sold in the region generated $862.8 million in revenue, up 8.7% year over year, according to Newzoo’s data. Rodger Bosch | Afp | Getty Images Africa’s video game market is having a moment. Sub-Saharan Africa’s gaming industry is expected to generate over $1 billion
An Italian court’s decision to clear a janitor who groped a schoolgirl because he did it for “just a few seconds” has sparked outrage. The girl, who was 17 at the time of the incident, said the man approached her from behind, put his hands in her knickers and slightly lifted her in the air
Ford wants to give you extra battery power while out and about. The automaker filed a patent for a portable “charging trailer” that can power up your EV or even a construction site. Ford patents a charging trailer that can power your EV Published on July 13, 2023 (filed on Jan 13, 2022), the patent
Texas solar and wind are going to double by 2035, but if the state’s grid isn’t upgraded, then all that power is going to go to waste, according to the US Energy Information Administration (EIA). The EIA’s analysis released this month, A Case Study of Transmission Limits on Renewables Growth in Texas, found that if Texas
Mike Coppinger, ESPNJul 13, 2023, 03:03 PM ET Boxer Devin Haney was arrested Thursday morning in Los Angeles and booked on a felony charge of carrying a concealed weapon in a vehicle, a Los Angeles Police Department information officer told ESPN. Haney was released on $35,000 bail, according to Los Angeles Sheriff’s Department Court Records.
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