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Tesla Taps Robyn Denholm to replace Musk

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Electric car manufacturer Tesla has appointed a new chair of its board, as Robyn Denholm will take over for the deposed Elon Musk immediately. The move comes after Musk was forced to step down from his position due to an agreement with the Securities and Exchange Commission (SEC).  He was accused of fraud after a […]

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Walmart and Ford to Partner on Self-Driving Vehicle Initiative

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Walmart and Ford have begun working together on a joint program that will explore how the two companies can utilize self-driving cars. According to reports, the project was announced by Ford and has begun in the Miami area, where the automaker has begun building an autonomous vehicle business expected to launch in 2021.  The joint […]

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Brazilian Authorities Dismantle Unregulated Mines

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Brazilian authorities have demolished several unregulated mines operating in the Amazon during a days long operation involving police and national guard members. According to sources, the mines dismantled included open pit gold and cassiterite mines that had been operating illegally in Brazil’s Jamanxim and Rio Novo National Parks.  Officials also seized several pieces of large […]

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Bouncing Back from Downtime Starts with Planning

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Bouncing back from downtime can be a challenge, but steps can be taken to ensure the process goes quickly and efficiently. It’s no secret that downtime can be costly to businesses of all shapes and sizes across a wide range of industries.  Costs can get out of control quickly, especially for those in the automotive […]

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Toyota Considers Removing Models from U.S. Lineup

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Toyota is considering removing models from its United States lineup as demand for some vehicles continues to remain flat. There have been no reports as to what vehicles the Japanese automaker is considering for elimination.  However, the American market has become increasingly focused on light trucks in recent years and the company is said to […]

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Redevelopment of Chicago’s Union Station Could Create 5,000 Construction Jobs

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The next phase in the redevelopment of Chicago’s Union Station could create more than 5,000 construction jobs, although those jobs would likely be temporary. According to reports, the city council is set to vote on the latest portion of the $900 million piece of the more than $1 billion project.  This portion of the product […]

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GM Offers Voluntary Buyouts to 18 Thousand

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GM announced it is offering voluntary buyouts to about 18 thousand salaried employees in North America soon after reporting a 25 percent increase in pretax profit for the third quarter. According to reports, the automaker is calling the buyouts a “proactive” measure as it expects to face headwinds as it invests more in autonomous and […]

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AAA Reports Shows Advanced Systems can Add an Average of $3,000 to Repair Bills

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A new report by AAA shows that advanced driver assistance systems, like cameras and sensors, can add an average of $3,000 to repair bills after a crash. According to the report, the complex mechanisms and calibration required for these features are the biggest drivers behind these increased repair bills.  Many vehicles now feature automatic emergency […]

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Oil Prices Drop Below $68/Barrel

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Oil prices have continued to fall, dropping below $68/barrel just weeks after reaching a four year high in early October. Prices have dropped 12 percent from earlier this month, when the price of oil reached its highest level in years and some industry experts were discussing the serious potential for prices to exceed $100/barrel.  According […]

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Officials Estimate All Power Will be Restored in Panhandle by Early November

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Officials in Florida believe nearly all power will be restored to the panhandle by early November, one month after the area was ravaged by Hurricane Michael. According to reports, utility providers believe they can return power to the homes of all customers whose homes are still properly equipped.  The estimate includes areas like Mexico Beach, […]

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