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Sign on BMW Mini plant in Oxford, England
BMW Chooses UK Plant for Electric Mini Despite Brexit Risk
The relatively short time frame for the production run for the model -- four years, compared to the typical seven -- gives BMW the opportunity to shift the car elsewhere with the next revamp of the vehicle if necessary.
GM car lot
GM's Focus on Selling to Actual Consumers Paying Off for Profits
GM Chief Executive Officer Mary Barra has pushed GM to pivot away from a longtime reliance on bulk shipments of discounted sedans to rental fleet companies.
men in factory setting
UK Factory Production Hits Two-Decade High as Exports Grow
A gauge of expectations for export orders for the next three months climbed to the highest in 40 years.
Oil Rises as Saudis to Cut Exports, Halliburton Sees Shale Peak
Oil Rises as Saudis to Cut Exports, Halliburton Sees Shale Peak
U.S. shale explorers have helped keep inventories high, but the drilling surge may be plateauing, said Halliburton Executive Chairman Dave Lesar. Drillers are now "making rational decisions" as prices remain low, he said.
steel rolls
Trump's Steel Curbs Risk Trade War as 'Pandora's Box' Opens 4
A trade fight beyond steel could happen if countries retaliated in other areas, such as farm products, said Kosei Shindo, chairman of the Japan Iron and Steel Federation.
Microsoft HoloLens
Quest for AI Leadership Pushes Microsoft Further Into Chip Development
The company says this is the first chip of its kind designed for a mobile device.
Toyota Mirai billboard
Toyota's Hydrogen Holdup Means New Englanders Miss Out on Mirai
The timeline “changes all the time,” said Bob Oesterreich, director of the U.S. hydrogen-energy business at Air Liquide, which Toyota recruited to help build the stations that need to be in place before it can start selling Mirai.
Trump's America-First Pipeline Plan Upsets Oil Industry
Trump's America-First Pipeline Plan Upsets Oil Industry 4
"A core feature of the U.S. free enterprise system is that private businesses should be free to make purchasing decisions on their own," the Chamber of Commerce said about President Trump's requirement that the oil industry use American-made steel.
Lyft  to Manufacture Self-Driving Cars
Lyft to Develop Self-Driving Cars
Lyft is opening a self-driving vehicle development facility in Palo Alto, Calif. called “Level 5,” a nod to the designation of fully autonomous vehicles that don’t require human supervision. Several hundred employees will work there by the end of next year.
German Carmakers Can't Catch a Break as Next Scandal Looms Large
German Carmakers Can't Catch a Break as Next Scandal Looms Large
For almost two years now, the German car industry has sought to get out from underneath the cloud of the diesel scandal that erupted first at VW and has tainted the image of German engineering and hurting the industry that’s among the country’s biggest employers. The scandal comes as automakers wrestle with an unprecedented technology shift in the industry, with electronic cars made by Tesla Inc. or Toyota Motor Corp. finding more buyers and German manufacturers trying to catch up with the battery-powered vehicle trend.
Jeffrey Immelt
GE Soothes Investor Cash Concerns in Immelt's Final Days as CEO
Industrial operating cash flow -- a metric Immelt said would rebound -- rose to $1.5 billion in the second quarter.
blue brain
China Artificial Intelligence Bid Seeks $59 Billion Industry
Key development areas include AI software and hardware, intelligent robotics and vehicles, virtual reality and augmented reality.
Tesla boss and Hyperloop proselytizer Elon Musk.
Musk Claims US Approval For World’s Longest Tunnel
Tesla boss claims to have garnered verbal government approval to build a 220-mile hyperloop tunnel from New York to Washington, D.C. — but is he just trying to drum up interest?
Americans’ Retirement Benefits Have Been Slashed by a Quarter
Americans’ Retirement Benefits Have Been Slashed by a Quarter
Employers cut their contributions to workers' retirements by a quarter from 2001 to 2015, according to a new report. The biggest driver: the decline of traditional defined-benefit pensions, replaced by stingier, 401(k)-style, defined-contribution plans.
Rex Tillerson
Exxon Fined for Russia Sanctions Violations Under Tillerson 2
Exxon violated Ukraine-related sanctions by signing eight legal documents related to oil and gas projects in Russia with Igor Sechin, head of Rosneft OAO, who is on Treasury’s list of sanctioned Russian nationals.
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