Lawrence D. Ackman, a Cityscape’s Financier, Dies at 83
A behind-the-scenes power in New York, he helped the city’s leading developers fulfill their skyscraping ambitions. Source link
Day: June 8, 2022
Canadian dealers prep for changes in service departments as EVs approach
As EV uptake increases, she expects to be able to assess what changes dealership service departments will need to make. One option will be to “scale down” fixed ops and implement a more efficient cost structure, if EV customers are making fewer appointments than traditional vehicle drivers, she said. ‘IT’S A SHIFT FOR THE NETWORK’ …
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Twitter Said to Agree to Give Elon Musk Access to Stream of Tweets
Elon Musk has threatened to pull out of a $44 billion deal for Twitter, saying the company has refused to give him information about its fake accounts. So Twitter now plans to give Mr. Musk access to a large swath of its data, potentially down to its very last tweet. The social media company has …
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Spirit delays vote on merger with Frontier, as bidding war with JetBlue heats up.
Spirit Airlines has delayed a shareholder vote on its proposed merger with Frontier Airlines amid an escalating bidding war, with JetBlue Airways trying to muscle in on the deal. The vote, originally scheduled for Friday, was pushed to June 30. In a statement on Wednesday, Spirit said the extra time would allow its board “to …
Spirit delays vote on merger with Frontier, as bidding war with JetBlue heats up. Read More »
NPR Names Juana Summers as Co-Host of ‘All Things Considered’
NPR said on Wednesday that Juana Summers would be the newest co-host for “All Things Considered,” its flagship newsmagazine, replacing Audie Cornish, the longtime co-host who left this year to start a program for the short-lived CNN+ streaming service. Ms. Summers, a veteran political correspondent whose peripatetic career has taken her to news media start-ups …
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White House Struggles to Talk About Inflation, the ‘Problem From Hell’
WASHINGTON — President Biden was at a private meeting discussing student debt forgiveness this year when, as happens uncomfortably often these days, the conversation came back to inflation. “He said with everything he does, Republicans are going to attack him and use the word ‘inflation,’” said Representative Tony Cárdenas, Democrat of California, referring to Mr. …
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EU lawmakers sustain ban on new internal combustion engine cars by 2035
European Union lawmakers voted to uphold a ban on new combustion engine cars from 2035, holding off a challenge that would have put the bloc’s climate goals at risk. Members of Parliament voted against an amendment that would have eased a requirement on carmakers to cut emissions, to a 90 percent reduction by 2035, instead …
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BYD might sell batteries to Tesla
BYD Co., the automaker backed by Warren Buffett, is readying to sell its own batteries to Tesla Inc., an executive at the Chinese company has told state media. “We are good friends with Elon Musk and we are preparing to supply batteries to Tesla,” BYD’s executive vice president Lian Yu-bo said in a short video …
Warren Buffett backed BYD might sell batteries to Tesla
BYD Co., the automaker backed by Warren Buffett, is readying to sell its own batteries to Tesla Inc., an executive at the Chinese company has told state media. “We are good friends with Elon Musk and we are preparing to supply batteries to Tesla,” BYD’s executive vice president Lian Yu-bo said in a short video …
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What Texas Gains by Investigating Twitter’s Fake Accounts
Mr. Paxton, a former state representative who cultivated the conservative grassroots of the Republican Party, was first elected attorney general in 2014. He promised to fight the Affordable Care Act and defend Texas’s voter identification law. But he has spent nearly his entire time as attorney general stalked by accusations of misconduct, including a criminal …
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