This year, the number of Superchargers available for public use will double—from 5,000 to 10,000, Tesla will also increase the number of so-called Destination Chargers located at hotels and restaurants from 9,000 to 15,000....More
The justices, without comment, left intact a federal appeals court ruling that said the accord, which turned “Old GM” into “New GM,” didn’t block lawsuits over accidents that happened before the sale or claims that the flaw caused vehicles to lose value....More
With the new offer, Akzo CEO Ton Buechner faces growing pressure to negotiate with PPG after rejecting March 22 the previous sweetened proposal as too low and not in the interests of shareholders, customers or employees....More
Exxon has been eager to unlock the vast crude bonanza locked in Russia’s Arctic, Black Sea and Siberian shale since 2011, when then-CEO Rex Tillerson signed a watershed cooperation plan with Rosneft that was blessed by Russian President Vladimir Putin. At the time, Putin estimated the venture ultimately would invest as much as $500 billion over a span of decades....More
"Our cash performance was worse than we expected to start the year,” CEO Jeffrey Immelt said .The results amplify the pressure on Immelt, who is trying to regain momentum after the oil-price slump and sluggish economy constrained growth last year and weighed on the stock price last year....More
The industrial app economy that is now emerging will dwarf what we’ve seen in the consumer sector, with industrial apps leveraging a massive base of machines across sectors including energy, healthcare, transportation. Investment infrastructure is expected to exceed $60 trillion over the next 15 years....More
The Massachusetts robot maker expands its offerings to the end of arms now, too. ... Good times for a pair of augmented reality leaders. ... Can you learn a language with a robot?. ... Mark Zuckerberg lobs the latest volley in Facebook’s cold war with Snapchat....More
After years of skyrocketing China sales, the global auto industry is contemplating slower growth as it convenes this week for the Shanghai Auto Show, putting alternative sales channels like car-sharing in focus....More
The American Iron and Steel Institute said “the executive order is a positive step in ensuring full enforcement of existing Buy America laws and ensuring the steel industry remains competitive.” But the lack of details in the “melted and poured” plan, and a penchant for the administration to suddenly pivot on policy, has left some analysts wondering if the order will be implemented....More
NASA and SME have joined forces to get more youth engaged in advanced manufacturing and ...
You Write the Caption
Enter our cartoon caption contest featuring cartoons by the award-winning Jerry King. The winning caption will appear in our print issue and Daily Headlines newsletter. Click here to submit your caption.