Mercedes-builder Daimler anticipates its transition to electric vehicles will further squeeze profits until 2022, Bloomberg reported Thursday.The margin headwinds call for job cuts and capped development spending, CEO Ola Kallenius said at hi…
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Month: November 2019
These are the 10 most (and least) reliable cars of 2020, according to Consumer Reports
Last SlideNext Slide Want a reliable car? A little patience could pay off. It might sound counterintuitive, but the latest redesigned car model may not hold up as well on the road as versions that come out a year or two later when the early kinks have been …
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CEO Chairman. Two Jobs, One Person
Joseph Mandato is a Managing Director at DeNovo Ventures and William Devine leads the Corporation in Society practice at William Devine Esquire. This post was authored by Mr. Mandato and Mr. Devine. Do recent events at Boeing and WeWork mean that American co…
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2021 BMW i4 details revealed: 80-kWh battery, 530 hp, 373-mile range – Roadshow
The BMW i Vision Dynamics concept will provide the design inspiration for the new i4. BMW The BMW i4 EV will go into production in 2021, part of the automaker’s big offensive to launch 25 new electrified vehicles by 2023. The i4 will be BMW’s proper competi…
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How the Fed Boosts the 1%: Even the Upper Middle Class Loses Share of Household Wealth to the 1%. Bottom Half Gets Screwed
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter It is ironic the Fed puts out this data, as if to show off its success in concentrating wealth at the 1%, and how every time their wealth is threatened, the Fed comes up with new bailouts, rate c…
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