The valuation of Elon Musk’s SpaceX hit near $150 billion following a share sale by existing investors announced this week, CNBC has learned. SpaceX has an agreement with new and …
Hollywood actors are officially headed to the picket line. Unable to reach a deal with producers, members of The Screen Actors Guild – American Federation of Television and Radio Artists …
Ford CEO Jim Farley at a battery lab for the automaker in suburban Detroit, announcing a new $3.5 billion electric vehicle battery plant in the state to produce lithium iron …
Volvo’s EX30, a small electric crossover SUV, is expected to arrive in the U.S. next year. Courtesy: Volvo Swedish automaker Volvo Cars said Tuesday that it has signed a deal …
Disney is slowing down when it comes to making movies and TV series for its Marvel Studios and Lucasfilm franchises, CEO Bob Iger said on CNBC Thursday. The move comes …
The Lordstown Motors Corp. Endurance electric pickup truck is displayed during an unveiling event in Lordstown, Ohio, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Struggling electric-truck maker …
Disney is open to potentially selling an equity stake in ESPN and is looking for a strategic partner in the business as it prepares to transition the sports network to …
Disney CEO Bob Iger opened the door to selling the company’s linear TV assets as the business struggles during the media industry’s transition to streaming and digital offerings. Iger appeared …
The Polestar 2, a battery-electric crossover SUV. Polestar owners in North America will have access to Tesla’s charging network starting next year. Source: Polestar Swedish electric vehicle maker Polestar said …
Pepsi products at a convenience store in Crockett, California, US, on Friday, June 16, 2023. David Paul Morris | Bloomberg | Getty Images PepsiCo on Thursday reported quarterly earnings and …