Automotive

Less choice, higher car prices in chip shortage

The pandemic appears to be receding in the U.S. and the economy is recovering, yet car shoppers heading back to car dealerships are in for a surprise: There are fewer vehicles to choose from and higher prices as a result.

Automotive

Congestion pricing could shrink car size

Rush hour will likely return when pandemic lockdowns lift, but a new study suggests that congestion pricing—policies that charge tolls for driving during peak hours—could not only cure traffic jams but also convince motorists ...

Security

FBI names pipeline cyberattackers as company promises return

Hit by a cyberattack, the operator of a major U.S. fuel pipeline said Monday it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits as a gang of criminal ...

Business

Total's profits surge past pre-pandemic levels

French energy giant Total posted a sharp increase in quarterly profits on Thursday, outstripping pre-pandemic levels as oil prices rebounded from the doldrums of the coronavirus crisis.

Business

Spotify posts rare profit, shares tumble on timid user growth

Spotify posted on Wednesdaya rare net profit in the first quarter and a sharp increase in paid subscribers as the music streaming giant launched in dozens of new markets, but disappointing total users sent shares tumbling.

Energy & Green Tech

To cool tomorrow's buildings, power sector must grow

Temperatures are rising. Eight of the warmest 10 recorded years of globally averaged temperature have occurred after 1998. Coupled with that increase is a growing demand for electricity to cool buildings. A new study published ...

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