Electric vehicle manufacturer Rivian Automotive Inc. SHORE -0.66% is moving parts of its manufacturing engineering team to its Illinois plant as part of a reorganization aimed at speeding up production, according to a person familiar with the plan. The reorganization is expected to be announced soon and will require a significant portion of the engineering … Read more
Editor’s note: Get inspired with a weekly roundup of living well, simplified. Sign up for CNN’s Life, But Better newsletter for information and tools designed to improve your well-being. CNN — Some chemicals linked to health issues have been banned in food products in the European Union, while the United States has allowed their use … Read more
Ford on Thursday forecast a dramatic turnaround at its electric vehicle unit, reiterating that it expects its electric vehicle business to be solidly profitable by the end of 2026. Here, step by step, is how Ford expects the Model e to achieve a positive EBIT profit margin of 8% in less than four years. Wall … Read more
CNN — Meat bacteria may be responsible for more than half a million urinary tract infections in the United States each year, according to a new study. E. coli is an often harmless bacteria that “is part of the normal bacterial environment in the intestines of humans and animals,” said Dr. Craig Comiter, professor of … Read more
Accenture PLC is cutting around 19,000 jobs, or 2.5% of its workforce, over the next 18 months as the professional services firm seeks to cut costs and streamline operations amid slowing IT spending . The company said it expects its business optimization plan to cost about $1.5 billion, primarily due to employee layoffs over the … Read more
The badge of a Ford Motor Co. E-Transit electric vehicle during a presentation in Washington, DC, U.S., Wednesday, July 28, 2021. Al-Draco | Bloomberg | Getty Images Ford Motor said Thursday that its electric vehicle business lost $2.1 billion last year on an operating basis, a loss that was more than offset by $10 billion … Read more
Modern Inc. mrna -0.78% will cost its Covid-19 vaccine about $130 a dose when it transitions to commercial vaccine distribution later this year, far more than the federal government has paid. The plans have fueled criticism of the company from lawmakers who explored the cost of the shootings during a Senate hearing on Wednesday. The … Read more
Office drama is brewing when employees — and their bosses — are allowed to use ChatGPT at work. Generative artificial intelligence technology from OpenAI – a billion-dollar-backed startup from Microsoft Corp. – was launched at the end of November and was immediately adopted by many workers to create professional-looking emails and PowerPoint presentations, as well … Read more
A general view of Cosmic Girl, a converted Boeing 747 carrying the LauncherOne rocket under its left wing, as final preparations are made at Cornwall Newquay Airport on January 9, 2023 in Newquay, United Kingdom. Matthew Horwood | Getty Images Virgin Orbit is in final talks to raise funds from Texas-based investor Matthew Brown, two … Read more
WASHINGTON (AP) — It seemed like a good idea at the time: Democrats in the red state facing bleak re-election prospects would join Republicans in reducing banking regulation — demonstrating a willingness to work with President Donald Trump while opposing many members of their party. This unlikely coalition voted in 2018 to strike down parts … Read more
