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BUSINESS

Volvo Cars Announces IPO Plan That Could Value It at $25 Billion

Business, Published on 06/10/2021

» Volvo Cars, the Swedish auto maker owned by China's Zhejiang Geely Holding Group, said Monday it would proceed with an initial public offering in Stockholm, in a deal that people familiar with the matter say could value it at upward of $25 billion.

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BUSINESS

Some CEOs Suggest Dropping Degree Requirements in Hiring

Business, Published on 07/05/2021

» Millions of jobs requiring a four-year college degree can be done without that level of education, some corporate leaders say.

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BUSINESS

GM Unveils New Logo, Names Operations Chief at Cruise Unit

Business, Published on 11/01/2021

» General Motors Co. on Friday revealed a new tech-themed corporate logo -- its first major change in decades -- and GM's autonomous-car division hired a new operations chief, the latest in the auto maker's efforts to fend off Silicon Valley as new technologies disrupt the car business.

BUSINESS

Musk Says He Once Approached Apple CEO About Buying Tesla

Business, Published on 24/12/2020

» Tesla Inc.'s effort to bring out its Model 3 brought the electric car company near collapse in 2018. Now Chief Executive Elon Musk has divulged a new twist: He says he contacted his Apple Inc. counterpart, Tim Cook, to save his company.

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BUSINESS

Musk Decries 'M.B.A.-ization' of America

Business, Patrick Thomas, Published on 11/12/2020

» What is wrong with American corporations? Elon Musk says too many M.B.A.s. are polluting companies' ability to think creatively and give customers what they really want.

BUSINESS

Beijing auto show opens in world's largest market

AFP, Published on 25/04/2018

» BEIJING: Global carmakers will take the stage in Beijing on Wednesday with new car models to woo the world's largest auto market as China promises to liberalise the industry.