Tesla Heavy Trucking Exec Jerome Guillen Departs
Tesla Inc. has parted ways with Jerome Guillen, a 10-year veteran who most recently served as president of heavy trucking and was one of four top executives running the company, including Chief Executive Officer Elon Musk.
June 7, 2021JBS Poised to Reopen Most Meat Plants Hobbled by Cyberattack
JBS SA, the world’s largest meat producer, has made “significant progress” to resolve the cyberattack that hit its global operations and will have the “vast majority” of its plants operational June 2.
June 2, 2021Meat Plant Shutdowns Spreading After Cyberattack on JBS
A cyberattack on JBS SA, the world’s largest meat producer, has forced the shutdown of some of the largest slaughterhouses globally, and there are signs that the closures are spreading.
June 1, 2021Tesla Tests Lidar, Which Musk Once Scorned
Tesla Inc., whose boss Elon Musk says he can develop a fully self-driving car without using laser-sensor technology, has a contract to use such lidar sensors from Luminar Technologies Inc. for testing and development, according to people familiar with the matter.
May 24, 2021Waymo Eyes Raising Up to $4 Billion as Leaders’ Exits Sow Doubts
Waymo is talking to outside investors about raising as much as $4 billion in additional capital to fuel its self-driving efforts. And the company has discussed plans to eventually list publicly, spinning out from its parent Alphabet Inc., according to people familiar with the plans.
May 19, 2021The World Economy Is Suddenly Running Low on Everything
A year ago, as the pandemic ravaged country after country and economies shuddered, consumers were the ones panic-buying. Today, on the rebound, it’s companies furiously trying to stock up.
May 17, 2021Mississippi River Reopens, Freeing Over 1,000 Stuck Barges
The U.S. Coast Guard has reopened the Mississippi River to maritime traffic, ending a shutdown that stranded more than 1,000 barges on the key conduit for agriculture exports.
May 14, 2021Colonial Pipeline Paid Hackers Nearly $5 Million in Ransom
Colonial Pipeline Co. paid nearly $5 million to Eastern European hackers on May 7, contradicting reports earlier this week that the company had no intention of paying an extortion fee to help restore the country’s largest fuel pipeline, according to two people familiar with the transaction.
May 13, 2021Self-Driving Truck Startup Plus Reported to Plan Hennessy SPAC Deal
Self-driving truck startup Plus is in talks to merge with special purpose acquisition company Hennessy Capital Investment Corp. V, according to people familiar with the matter, making it the latest autonomous vehicle maker seeking to go public via a blank-check firm.
April 30, 2021OPEC+ Sticks With Plans to Gently Hike Supply
OPEC and its allies recommended proceeding with plans to gently revive oil production as global demand recovers from the pandemic, despite surging infections in India.
April 27, 2021