Elon Musk has said that a Chinese automaker is likely to be the closest competitor to Tesla. He has stressed that the company is "winning in China" right now.
While many tech companies are cutting jobs, Tesla TSLA 0.38% is still hiring. The company is looking for engineers, production associates, and other workers to help with its new product lines. Tesla is also expanding its production facilities, which will create even more jobs. So if you're looking for work in the tech industry, Tesla is a good place to start.
Insurance rates have increased for cars, homes and commercial property. Some of the biggest increases have been for policies that protect a company’s directors and top executives.
Exxon Mobil Corp., Chevron Corp., Shell Plc, TotalEnergies SE and BP Plc all saw significant profits last year, totaling nearly $200 billion collectively.
AT&T reported a large fourth-quarter loss after booking a $25 billion accounting charge largely tied to its legacy landline businesses.
Russia is transferring record amounts of its flagship Urals crude at sea in an effort to overcome the high freight costs that have resulted from European sanctions.
News Corporation and Fox News saw their stock prices rise by 4.9% and 1.8%, respectively, after Rupert Murdoch decided not to go ahead with plans to merge the two companies. The proposed merger had been met with resistance from shareholders. AT&T's shares rose by 1.8% after the company released its fourth-quarter report on Wednesday. The report showed an increase in the number of subscribers, but AT&T forecast that its annual profit would be below expectations.
The funding will go to Wasted's first pilot program, involving 200 porta-potties located on construction sites in Burlington. Solid waste from the retrofitted porta-potties will be transported to a nearby facility in Williston, where it will be processed into a nitrogen-rich fertilizer aimed at reducing the phosphorus run-off that creates algae bloom on Lake Champlain.