(Reuters) - Ford Motor is considering offering gas-powered vehicles and hybrids beyond 2030 in Europe, a change from its initial plan for an all-electric lineup in the region, the Detroit automaker said on Thursday.
The company had in 2021 outlined plans for an all electric lineup for Europe by the end of the decade.
"As EV adoption in Europe has slowed, we believe we need to offer our customers ICE (internal combustion engine) and hybrid... (continue reading...)
By David French
(Reuters) - The investment firms that took U.S. power plant operator Calpine Corp private six years ago are exploring options that include a company sale, an initial public offering or a stake divestment at a valuation of about $30 billion, including debt, according to people familiar with the matter.
The deal deliberations come as data centers powering artificial intelligence and extreme weather, such as heat waves... (continue reading...)
By Daniel Wiessner
(Reuters) - Tesla has been accused by a U.S. labor agency of discouraging workers at a Buffalo, New York assembly plant from union organizing by barring them from using phones and other devices, an agency spokeswoman said on Thursday.
A National Labor Relations Board (NLRB) official issued a complaint late Wednesday claiming Tesla's workplace rule banning personal technology use, recording, and storing or sharing... (continue reading...)
(Reuters) - BP's electric charging unit is keen on buying Tesla's Supercharging sites in the United States, Bloomberg News reported on Thursday.
BP "is aggressively looking to acquire real estate to scale our network, which is a heightened focus following the recent Tesla announcement," the report quoted Sujay Sharma, CEO of BP Pulse Americas, as saying in an interview.
Tesla and BP did not immediately respond to Reuters requests for... (continue reading...)
In its CPI inflation watch note released Thursday, Bank of America said in the note previewing next week's data release that inflation will remain too high for comfort.
The investment bank's analysts expect April core CPI inflation to print at 0.28% month-on-month (MoM), which would be a moderation from the 0.37% average in the first quarter.
They expect core inflation to also print at 0.3% MoM. "This would be a noticeable moderation from the 0.37% m/m 1Q... (continue reading...)
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