Business News

Uber bringing fleet of self-driving cars to Washington, DC

Andrei Stanescu/iStock(WASHINGTON) — Uber is bringing a fleet of self-driving cars to the nation’s capital to begin mapping out prospective routes — aided by human drivers at first — starting on Friday.The new self-driving cars that are expected to hit the roads in Washington, D.C., will have the initial goal of data collection, and will…read more »

Tesla overtakes Volkswagen for No. 2 spot among world’s most valuable carmakers

jetcityimage/iStock(NEW YORK) — The U.S. electric car company Tesla has topped Germany’s Volkswagen to become the second most valuable automaker in the world.The electric car maker’s market value surpassed the $100 billion mark this week, overtaking Volkswagen’s approximate $99 billion. Both car companies still trail far behind the value of Japan’s Toyota, which has a…read more »

Greta Thunberg joins climate strike on last day in Davos

DisobeyArt/iStock(DAVOS, Switzerland) — Greta Thunberg joined fellow activists in a climate strike Friday, capping off her time in Davos, Switzerland, for the World Economic Forum, where she continued her push for climate change action.Earlier that day, Thunberg once again called out world and business leaders for their inaction on the issue.”As long as the science…read more »

Gas-guzzling Hummer could make its comeback as an all-electric truck

Spauln/iStock(NEW YORK) — General Motors’ hulking, ostentatious, gas-guzzling Hummer SUV was once the scourge of environmentalists. Now the military-style ute may have its ultimate revenge: a second chance as an all-electric pickup truck. That’s right. GM, which discontinued the Hummer brand in 2010 as gasoline prices were skyrocketing and the Detroit automaker was culling brands…read more »

Steve Mnuchin tells Greta Thunberg to study economics before discussing fossil fuel divestment

Official White House Photo by Andrea Hanks(DAVOS, Switzerland) — U.S. Treasury Secretary Steve Mnuchin said teen climate activist Greta Thunberg can talk about divesting from fossil fuels “after she goes and studies economics.” Mnuchin made the comments to reporters Thursday in Davos, Switzerland, where world and business leaders are gathering for the annual World Economic…read more »

Cashless stores and restaurants banned in New York City

SolStock/iStock(NEW YORK) — Cash will remain king in Big Apple stores and restaurants.The New York City Council will vote Thursday to prohibit businesses from only accepting credit card, debit or digital payments. There were concerns from elected officials that such stores and eateries discriminated against poorer customers who don’t have access to bank accounts, according…read more »

Sin City changes famous ‘What happens here, stays here’ slogan

georgeclerk/iStock(LAS VEGAS) — For years visitors have come to know that what happens in Vegas, stays in Vegas — but now Sin City’s slogan is getting an update.The award-winning campaign — “What happens here, stays here” first created in 2002 — will reportedly change to “What happens here, only happens here.”The new tourism slogan is…read more »

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