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...Meanwhile, the founder of robot pizza maker Zume piloted one of its trucks up the hill to serve Son freshly heated pizzas, according to Bloomberg. SoftBank invested $375mn....
...Berkshire had struck a deal about six years ago to acquire an interest in Pilot Travel Centers, founded by billionaire James “Big Jim” Haslam II, patriarch of a powerful Tennessee family....
...The company established bus factories in Lancaster, southern California, in 2013, and in Komárom, north-west Hungary in 2017....
...Redstone was given the Simon Wiesenthal Center’s humanitarian award last year. Others, however, point to pressures on NAI as a factor behind her exploration of a sale....
...“This is the decades-old problem, which is that the business model of social media is the attention economy,” says Hany Farid, professor in digital forensics at the University of California, Berkeley....
...The lawsuits are stacking up as Republican states rush to launch challenges ahead of the election....
...He added: “In California, everyone wants the hottest, latest thing. It’s going to be the ultimate: look at me. You have the cult of Elon plus the fact that it’s a radically different car....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...Additional reporting by Eung Sea A version of this article was first published by Nikkei Asia on March 12. ©2024 Nikkei Inc. All rights reserved....
...The California-based driller is facing operational headaches at two of the company’s most important assets in Kazakhstan and the US — as well as investor concerns over its $53bn deal to buy Hess....
...There’s a new Contra Costa Logistics Center here, its first tenant a vast Amazon warehouse....
...Joining BlackRock will immediately increase Ogunlesi’s public profile, something he has resisted while serving on the boards of Goldman Sachs, the Lincoln Center and two hospitals....
...The California company built almost 14,000 trucks in the second quarter, nearly 3,000 more than Wall Street expected....
...Millions of Americans are at risk of running out of savings in retirement,” said Catherine Collinson, president of the non-profit Transamerica Center for Retirement Studies....
...The California company reaffirmed guidance for manufacturing 50,000 vehicles this year....
...But as the University of Oxford’s Colin Mayer points out, it is also a gold rush with similarities to previous booms....
...The FT’s head of audio is Cheryl Brumley. Special thanks to the National Quantum Computing Center for their help on this episode....
...But if the M&A deals of the 1980s were a demonstration of Japan Inc’s ambitions to take on the world, corporate executives say today’s overseas rush is driven by the need to find new revenue outside their...
...The BNSF railroad, with more than 32,000 miles of track that run from Oakland, California to Chicago, showed a 12 per cent drop in revenues....
...In California, EV sales are now a quarter of the auto market. In the rest of the US, government subsidies are expected to cut EV costs by $3,000-$9,000, Exeter said....
...The California-based company on Tuesday reaffirmed plans to make 50,000 of its battery-powered trucks, SUVs and delivery vans this year and expectations of an adjusted loss before interest, taxes, depreciation...
...The federal government’s target follows regulation by California eight months earlier to ban sales of petrol-powered vehicles in the state by 2035....
...“Every day we’ve got something . . . we’ve still got a supply chain in need of workers in different segments, whether it’s truck drivers or warehouse workers.”...
...The head of the Michigan carmaker ruefully told a story about driving in California with his children, needing to charge his car, and passing one Tesla station after another....
...The signature deal of that era was the purchase of New York’s Rockefeller Center by Mitsubishi Estate, which quickly soured and underscored that buyers had misread financial conditions and would absorb losses...
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