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Automotive

Montreal 'smart factory' aims to demonstrate potential of warehouse automation

Montreal 'smart factory' aims to demonstrate potential of warehouse automation

MONTREAL — As a robotic arm at a Montreal demonstration facility attempts to pick up a small box, it senses that it doesn't have a good grip, puts the package down, adjusts and tries again.
Tesla will invest $3.6B in Nevada truck factory expansion

Tesla will invest $3.6B in Nevada truck factory expansion

SPARKS, Nev. (AP) — Tesla said it intends to invest $3.
Goldman Sachs signals partial retreat from consumer banking

Goldman Sachs signals partial retreat from consumer banking

NEW YORK (AP) — Goldman Sachs no longer wants to be the bank for everyone. The storied investment bank spent eight years attempting to expand its business beyond corporations and the wealthy.
Manchin pushes to delay tax credits for electric vehicles

Manchin pushes to delay tax credits for electric vehicles

WASHINGTON (AP) — Ratcheting up his criticism, Democratic Sen. Joe Manchin on Wednesday moved to delay new tax credits for electric vehicles , a key feature of President Joe Biden's landmark climate law .
Wall Street ends mixed after erasing a big morning loss

Wall Street ends mixed after erasing a big morning loss

NEW YORK (AP) — Another roller-coaster day left Wall Street essentially where it began on Wednesday, after stocks veered on worries about how badly a slowing economy will hit corporate profits.
Head of main Florida power company retiring amid controversy

Head of main Florida power company retiring amid controversy

FORT LAUDERDALE, Fla.
Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes

Luxor Capital still opposed to Ritchie Bros. deal to buy IAA despite changes

VANCOUVER — Investment firm Luxor Capital Group LP remains opposed to Ritchie Bros. Auctioneers Inc.'s deal to buy IAA Inc. despite changes to the agreement. Luxor, which holds a 3.
Edmunds: The pros and cons of software running your car

Edmunds: The pros and cons of software running your car

Software was a big theme for automakers attending CES 2023 in January. BMW, Stellantis, Volkswagen and a joint venture between Honda and Sony showed off upcoming or concept vehicles that are significantly reliant on computers and code.
Police: Suspect in Yakima triple-killing shot, killed self

Police: Suspect in Yakima triple-killing shot, killed self

SEATTLE (AP) — A 21-year-old man wanted in the random killing of three people at a convenience store in Yakima, Washington, early Tuesday shot and killed himself as officers approached him behind some warehouses several hours later, authorities said.

LSU student fatally hit by a car was raped first, police say

BATON ROUGE, La.