Business

Ford shares jump after strong 3Q profits

Ford reported a big jump in third-quarter profits Wednesday, pointing to strong sales in North America where large vehicles commanded generous prices amid tight inventories.

Automotive

With robotaxis still a distant dream, lidar makes itself useful

The promise of self-driving cars and robotaxi fleets once seemed just around the corner, but reality is setting in. Makers of the underlying technology are pivoting to more realistic ways of making money in the here and now.