DETROIT (Reuters) - Major automakers on Tuesday posted a hefty drop in U.S. new vehicle sales for September, caused in part by a decline in sales in areas hit by Hurricane Florence and a tough comparison to the previous September when consumers rushed to replace vehicles damaged by Hurricane Harvey. FILE PHOTO: Cars sit in…
PRESIDENT DONALD TRUMP is fighting trade battles on multiple fronts. But on September 30th he called a truce in one of them. Having threatened to rip up the North American Free Trade Agreement (NAFTA), a trade deal between America, Canada and Mexico, he has agreed instead to replace it. With the Canadians now on board,…
The US and Canada on Sunday sealed the deal on a new trade agreement that, along with an earlier US-Mexico agreement, opens to door to a rewrite of the North American Free Trade Agreement. The new deal, dubbed the US-Mexico-Canada Agreement, is expected to be signed by the leaders of the three member countries —…
WASHINGTON — The United States and Canada reached a last-minute deal to salvage the North American Free Trade Agreement on Sunday, overcoming deep divisions to keep the 25-year-old trilateral pact intact. The deal came after a weekend of frantic talks to try and preserve a trade agreement that has stitched together the economies of Mexico,…
Image copyright AFP Image caption Relations between US President Donald Trump and Canadian Prime Minister Justin Trudeau have occasionally been fraught The US and Canada have reached a new trade deal, along with Mexico, to replace the current North American Free Trade Agreement (Nafta).The United States-Mexico-Canada Agreement (USMCA) gives the US greater access to Canada's…
Enlarge / Detail of the plug of an electric car being charged Getty ImagesOn Friday, California's Air Resources Board (CARB) announced that it would tighten restrictions on transportation fuels in the state in the hopes of spurring adoption of electric, hydrogen, and biofuel-based cars, trucks, buses, and even planes. Since 2011, CARB has had a…
Elon Musk and the Securities and Exchange Commission reached an agreement on fraud charges that were filed on Thursday. Musk gets to keep his job as CEO but must resign within 45 days as chairman for three years, according to a statement released by Saturday by the regulator. He’ll also have to pay a $20…
Enlarge / Elon Musk in 2004, the year he became chairman of the board at a tiny electric car startup called Tesla. Tesla's battle with the Securities and Exchange Commission could be the company's biggest crisis in almost a decade. And it all started with a tweet. "Am considering taking Tesla private at $420," Musk…
Tesla's Elon Musk has reached a settlement with the Securities and Exchange Commission (SEC), in an agreement that will require Musk to resign as chairman of the company for at least three years and pay a $20 million fine, the SEC announced Saturday. Musk, who as part of the agreement will neither admit nor deny…
Headline-grabbing security breaches have become an all-too-common problem. Every week, it seems, another company notifies customers that hackers have accessed their personal data. Apple recently released an updated version of its operating system, iOS 12, to help keep users’ information private and secure. That update, available for most recent iPhones and iPads, delivers on the…
