Focus on Business
Rivian sticks to production forecast, posts second-quarter margin below estimates
Rivian maintained its production forecast but reported greater-than-expected losses per vehicle, despite revenue gains.
Waymo to expand autonomous ride-hailing service areas in LA, San Francisco
Waymo expands its autonomous ride-hailing service in San Francisco and Los Angeles, meeting rising customer demand.
Trans Mountain Pipeline interim tolls hearing scheduled for May next year
The Trans Mountain pipeline expansion's final toll hearing will begin May 14, with shippers disputing the rate hikes.
Environmental groups sue Suncor for Colorado refinery pollution
Environmental groups sued Suncor Energy, claiming its Colorado refinery violated air quality laws over 9,000 times.
Sleepy utilities sector shines as haven from US stock turbulence
Amid a broader market selloff, utilities stocks have surged, driven by falling Treasury yields, AI-driven demand, and strong dividends.
German drugstore chain shuns Teslas over Musk’s support for Trump
Rossmann will stop buying Tesla cars for its fleet due to CEO Elon Musk's support for Donald Trump, citing an "incompatibility" with Tesla's...
Utility Sempra misses second-quarter profit, revenue estimates
Utility and clean energy firm Sempra's Q2 profits rise after peak summer causes increase in power demand.
Tesla to fix 1.7 million vehicles in China, says market regulator
Remote Tesla recall in China will see nearly 2m vehicles receive software update to fix issue with front trunk lid.
Jacobs beats Q3 revenue estimates on steady demand in infrastructure business
Engineering company Jacobs Solutions revenue surpasses expectations thanks partly to energy transition work in the US.
China’s Huawei and BAIC Motor launch first jointly developed EV
Chinese technology conglomerate Huawei and BAIC Motor have launched their first jointly developed electric vehicle.
