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Citigroup Rolls Out Summer Remote Work Option For Employees, While Rivals Argue 'You Can't Learn Working From Your Basement'
Tuesday, June 10, 2025 - 8:46am | 699Citigroup (NYSE:C) announced Monday that it will offer employees in eligible roles the option to work fully remote for two weeks in August. What Happened: Chief Human Resources Officer Sara Wechter issued a memo, shared by Business Insider, explaining why the company chose August for this policy: "...
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'Godfather Of EVs' Warns Against Hybrid Focus As China Leads EV Race: 'Tariffs Just Make Indigenous Industry Lazy'
Thursday, December 26, 2024 - 3:25am | 705Amid the global shift towards electric vehicles, Andy Palmer, often referred to as the “godfather of EVs,” has issued a cautionary note to automakers. He warns against prioritizing hybrid vehicles over fully electric models, a strategy he believes could leave them lagging behind...
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Watch: Ford Using Olive Tree Waste And Recycled Plastic For Cutting-Edge Auto Components
Friday, January 12, 2024 - 3:40am | 561With the increasing focus on sustainability in the automotive industry, Ford Motor Company (NYSE:F) is making strides in environmentally friendly practices. The company is piloting the use of olive tree waste, combined with recycled plastic, to create auto parts. What Happened: Ford is exploring a...
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Ford Plans To Double Production Of F-150 Hybrid Amid Sluggish EV Sales
Wednesday, September 13, 2023 - 5:29am | 523Ford Motor Co. (NYSE:F) announced plans to double the production of its F-150 hybrid pickup truck, reacting to slower-than-anticipated sales of its all-electric vehicles. The decision arrived amid potential UAW strike threats that could disrupt production in U.S factories, CNBC...
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New-Age Technology Supplanting Tradition: Volvo To Go All-In On Electric In 2 Years
Wednesday, July 5, 2017 - 9:10am | 413Combustion engines may become a thing of the past, as the action on the auto front shifts from Detroit to Silicon Valley. Going by the emphasis on electric cars, their fuel economy and environmental friendliness, it is no wonder that Swedish automaker Volvo, owned by Chinese automobile company...
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Kelley Blue Book Analyst On Wavering Tesla Stock: There Is More At Play Than Just Falling Gas Prices
Thursday, December 4, 2014 - 2:42pm | 197When asked why shares of Tesla Motors Inc (NASDAQ: TSLA) are trading down this week, Kelley Blue Book Senior Analyst Alec Gutierrez told Benzinga that he thinks there is more at play than just low gas prices that is weighing on the stock. While he did say it is fair to suggest that falling gas...
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Hybrids Could Be Next Big Thing According To Tablet Sales In 2013
Wednesday, March 5, 2014 - 4:40pm | 612Worldwide tablet sales grew 68 percent through 2013, according to information technology research and advisory company, Gartner (NYSE: IT) in a report released Monday. Tablets, Gartner said, made up 90 percent of overall ultramobile sales in 2013. In addition to tablets, the ultramobile sector...
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New Advice for Apple's Tim Cook: Buy Tesla
Thursday, October 31, 2013 - 12:09pm | 598Apple (NASDAQ: AAPL) CEO Tim Cook might be wishing for more mail from Carl Icahn, especially after the open letter he got from analyst Andaan Ahmad at Berenberg, a German investment bank. In the letter, also addressed to Apple Chairman, Arthur Levinson, Ahmad called on the Cupertino, California...
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Ford Adding F-150 Fleet Of CNG Powered Vehicles (F)
Wednesday, July 31, 2013 - 2:32pm | 591A resurgence in demand for trucks, coupled with a desire to cut operating costs on the part of commercial fleet buyers, led Ford Motor (NYSE: F) to announce that later this year it will begin selling an F-150 pickup modified to run on compressed natural gas, according to The Wall Street Journal...