Bosch plans $1-bn Chinese electromobility site

German engineering group Bosch on Thursday unveiled plans to invest around $1.0 billion in a research and development centre in China for electromobility and automated driving.

Energy & Green Tech

Europe's largest rare earths deposit discovered in Sweden

Europe's largest known deposit of rare earth elements, essential for the manufacturing of electric vehicles, has been discovered in Sweden's far north, boosting Europe's hopes of cutting its dependence on China.

Business

Feds reviewing Musk tweet about disabling driver monitoring

A tweet from Elon Musk indicating that Tesla might allow some owners who are testing a "Full Self-Driving" system to disable an alert that reminds them to keep their hands on the steering wheel has drawn attention from U.S. ...

Business

Southwest's strong 2022 rebound soured by holiday debacle

Southwest Airlines is anticipating a money-losing fourth quarter after a winter storm and technology meltdown led to nearly 17,000 canceled flights and stranded hundreds of thousands of holiday travelers.

Automotive

BMW unveils car that can change color

BMW unveiled Wednesday the prototype of a car that can change color and showcases digital features like projecting driving data across the inside of the windshield.

Business

Coinbase to pay $100M in settlement with New York regulators

New York announced a $100 million settlement with Coinbase on Wednesday over what state officials called significant failures in the cryptocurrency trading platform's systems for spotting potential criminal activity.

Business

New rules needed to govern consumer privacy, says expert

Consumers give large amounts of personal information to companies, including their purchase and web histories, travel plans and even names of friends, often without realizing they are doing it. A big reason is that consumers ...

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Consumer

Consumer is a broad label that refers to any individuals or households that use goods and services generated within the economy. The concept of a consumer is used in different contexts, so that the usage and significance of the term may vary.

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