Electric vehicle maker Rivian: expect prices lower than previously announced

Electric vehicle maker Rivian: expect prices lower than previously announced
MILL VALLEY, California (Reuters) – Electric vehicle startup Rivian on Saturday displayed its pickup truck and SUV at an event in San Francisco’s Bay Area and said that when their prices are unveiled soon they will be lower than has been previously announced. The Rivian R1T all-electric truck is pictured at an event, held by the electric vehicle startup, for... Read More

Boeing’s 777X jetliner successfully completes maiden flight

Boeing’s 777X jetliner successfully completes maiden flight
SEATTLE (Reuters) – Boeing Co (BA.N) successfully completed on Saturday the maiden flight of the world’s largest twin-engined jetliner as the embattled planemaker steps up competition with European rival Airbus (AIR.PA) in a respite from a crisis over its smaller 737 MAX. A Boeing 777X airplane taxis during an attempted first test flight from the company’s plant in Everett, Washington,... Read More

Boeing 777X jetliner successfully completes maiden flight

Boeing 777X jetliner successfully completes maiden flight
A Boeing 777X airplane takes off during its first test flight from the company’s plant in Everett, Washington, U.S. January 25, 2020. REUTERS/Terray Sylvester SEATTLE (Reuters) – Boeing Co (BA.N) on Saturday successfully completed the maiden flight of the world’s largest twin-engined jetliner, the 777X. The 252-foot-long passenger jet landed at Boeing Field near downtown Seattle at 2:00 p.m. local... Read More

Boeing’s 777X jetliner takes off on maiden flight

Boeing’s 777X jetliner takes off on maiden flight
A Boeing 777X airplane taxis during an attempted first test flight from the company’s plant in Everett, Washington, U.S. January 24, 2020. REUTERS/Lindsey Wasson SEATTLE (Reuters) – Boeing Co (BA.N) began the maiden flight on Saturday of the world’s largest twin-engined jetliner as the embattled planemaker steps up competition with European rival Airbus (AIR.PA) in a respite from a crisis... Read More

EU plans more protectionist antitrust rules, data sharing in policy shake-up

EU plans more protectionist antitrust rules, data sharing in policy shake-up
BRUSSELS (Reuters) – The EU plans to adopt more protectionist antitrust rules and encourage businesses to share data as part of an industrial policy overhaul aimed at giving European companies a sharper edge in global markets, a strategy document seen by Reuters shows. FILE PHOTO: European Union flags fly outside the European Commission headquarters in Brussels, Belgium, April 10, 2019.... Read More

Fashion retailer H&M says data protection breaches unacceptable

Fashion retailer H&M says data protection breaches unacceptable
FILE PHOTO: The H&M clothing store is seen in Times Square, New York, Nov. 15 2019. REUTERS/Mike Segar/File Photo STOCKHOLM/FRANKFURT (Reuters) – Fashion retailer H&M (HMb.ST) said on Saturday that data security breaches found at its German unit were unacceptable and it was cooperating with the local data protection supervisory authority in its investigation into the matter. “The local team... Read More

Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme

Owners of solar company that caused loss for Buffett plead guilty over Ponzi scheme
(Reuters) – The husband-and-wife owners of DC Solar, a California solar company that caused Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) to take a $377 million charge last year, pleaded guilty on Friday to involvement in an estimated $912 million Ponzi scheme. Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor... Read More

Starbucks shuts shops, suspends delivery in China’s Hubei amid virus outbreak

Starbucks shuts shops, suspends delivery in China’s Hubei amid virus outbreak
FILE PHOTO: visitor drinks coffee at a Starbucks outlet inside the Forbidden City in Beijing January 18, 2007. REUTERS/Claro Cortes IV BEIJING (Reuters) – Starbucks has closed all shops and suspended delivery services in China’s Hubei province for the week-long Lunar New Year holiday, where a coronavirus outbreak originated from its capital Wuhan has caused 41 deaths in China. Starbucks... Read More