Business Archives - Page 124 of 144

Wayve, a UK self-driving car company increases $200 million scale up technology

Posted on January 18, 2022 by Priyanka Patil |

British self-driving technology firm Wayve said on Tuesday it has raised $200 million from investors to build out its autonomous driving technology globally and undertake further pilot projects with commercial fleet partners. The $258 million Series B funding round includes…

Ford declares a five-year payment agreement with Stripe for e-commerce drive

Posted on January 18, 2022 by Priyanka Patil |

Stripe, an online payment processor, has secured a five-year partnership with Ford Motor Company to help the automaker improve its e-commerce strategy. According to a statement released Monday by the firms, Ford Motor Credit Company, the automaker’s financial services arm,…

Netflix is increasing the cost of its subscription tiers in the United States and Canada

Posted on January 15, 2022 by Priyanka Patil |

Your Netflix bill is set to increase once more. The streaming media company announced on Friday that its plans in the United States and Canada will be priced more. The regular plan subscription price in the United States increased by…

Sarah Bloom Raskin will be nominated by Biden to be the Fed’s vice chair for supervision, while Lisa Cook and Philip Jefferson will be governors

Posted on January 14, 2022 by Priyanka Patil |

According to persons familiar with the matter, President Joe Biden will name Sarah Bloom Raskin to be the Federal Reserve’s next vice chair for supervision, probably the nation’s most influential banking regulator. According to persons who asked not to be…

Biden administration declares big new programmes aimed at cleaning up the electrical grid

Posted on January 13, 2022 by Priyanka Patil |

The Biden administration launched a raft of new initiatives on Wednesday to convert the United States to renewable energy, with a focus on improving the power grid and harnessing solar, wind, and geothermal energy on public lands and waterways. It’s…

Oreo is celebrating its 110th birthday by releasing a brand-new flavour

Posted on January 12, 2022 by Priyanka Patil |

For its 110th birthday, Oreo is attempting something completely different. Oreo is releasing a unique flavour called Chocolate Confetti Cake to commemorate the event. It’s strewn with sprinkles. The cookies are sprinkle-filled and feature two layers of filling: a signature…

New York Times is buying sports news site ‘The Athletic’ for $550 million

Posted on January 7, 2022 by Priyanka Patil |

The New York Times Co. has agreed to pay $550 million for sports news website The Athletic, the latest step in its goal to grow its audience of paying subscribers as the newspaper print ad revenue shrinks. Unlike many other…

In 2021, Toyota will overtake GM as America’s best-selling automaker

Posted on January 6, 2022 by Priyanka Patil |

Toyota Motor Corporation has overtaken General Motors as America’s best-selling automaker in 2021, marking the first time since 1931 that the Detroit automaker has not been the best-selling automaker in the United States. It’s also the first time in American…

CDC suggests Pfizer/BioNTech Covid-19 vaccine booster for children as young as 12

Posted on January 6, 2022 by Priyanka Patil |

On Wednesday, the US Centers for Disease Control and Prevention updated its advice for the Pfizer/BioNTech Covid-19 vaccination booster, allowing children as young as 12 to get it at least five months after completing the initial vaccine series. The FDA…