Why Fisker Failed | TechCrunch

fisker-ocean-suv-ev

Welcome back to Mobility TechCrunch — your central hub for news and insights on the future of transportation. Sign up here for free – just click TechCrunch Mobility! I’m back from holidays in Denmark and Germany, where I managed to try almost every mode of transport, from bicycles to scooters, to driving the Autobahn and … Read more

FDA warns Dollar Tree for failure to remove recalled children’s food

See what’s clicking on FoxBusiness.com The US Food and Drug Administration (FDA) sent a warning letter to Dollar Tree, Inc. last week after an investigation found the company failed to remove baby food containing high levels of lead and chromium, 45 days after it was notified of its recall. . WanaBana issued a voluntary recall … Read more

Thousands of car dealers in limbo during peak shopping season after second wall industry cyber attack

Auto retailers across the US are likely to be out of service for days after a second major cyber attack at CDK Global, the software provider that thousands of dealers rely on to run their stores. “At this time, we do not have an estimated time frame for the resolution and therefore our merchants’ systems … Read more

Big Oil and Big Corn Form Alliance to Challenge Pro-EV Policies

Corn

The oil industry has historically not been a fan of ethanol and biodiesel producers. They are competition in a crowded market. But now API, refiners and biofuel producers are uniting against a common enemy: the Biden administration that wants to make the EV revolution happen whatever it takes, including unrealistic fuel efficiency standards. Earlier this … Read more

Trump faces $2bn in losses as his Truth Social stock plunges almost 50% – with declines accelerating in the past week

Donald Trump's media company continues to struggle as its share price has fallen faster than ever, despite receiving some good news from the SEC earlier this week.

By Stephen M. Lepore For Dailymail.Com Published: 7:20 PM EDT, June 20, 2024 | Updated: 7:20 PM EDT, June 20, 2024 Donald Trump’s media company continues to struggle as its share price has fallen faster than ever, despite receiving some good news from the SEC earlier this week. Trump Media & Technology Group, the owner … Read more

See how much home prices have exceeded paychecks where you live: NPR

Millions of Americans are already excluded from buying a home, and the cost of buying one continues to rise. In decades past, it was common to find a home costing roughly three times a buyer’s annual income. But that ratio has been skewed significantly since the COVID-19 pandemic, with home prices up 47% since the … Read more

Olive Garden prices rise despite losing customers due to inflation

Olive Garden said it plans to continue raising menu prices — even as top executives admitted sales fell in the latest quarter as inflation-hit customers pulled back. Olive Garden’s same-store sales — or sales at stores open at least a year, a closely watched metric — fell 1.5% in the quarter ended May 26 — … Read more

State-backed Florida home insurance to raise rates 14%

Florida’s government-backed home insurance company is planning to raise rates by 14% — another blow to more than a million residents of the hurricane-ravaged state that is saddled with some of the highest premiums in the country. Citizens Property Insurance Corp.’s board of governors voted unanimously Wednesday to raise rates for next year — despite … Read more

Bugatti’s Tourbillon 2024: Price, Specs, Availability

Bugatti’s revival is one of the most remarkable automotive stories of the 21st century. Aristocratic, artistic and more than a little mysterious, Bugatti was a pre-war marque that mastered luxury, design and motorsport, creator of Grand Prix winners and perhaps the most luxurious car ever produced, in the form of the early 1930s Type 41 … Read more

FDA extends approval of first gene therapy for rare form of muscular dystrophy

CNN – The US Food and Drug Administration has given the green light for the first gene therapy to treat a rare form of muscular dystrophy to be used in most people who have the disease and a certain genetic mutation. Last year, the drug – Elevidys, from the biotech company Sarepta Therapeutics – was … Read more