Venezuela’s social crisis is widening and even those with money for food struggle to find products on the shelves. With spiraling food shortages and unemployment, hospitals are feeling the pinch as well.
Ten years after outlining his first master plan for Tesla, Elon Musk released a sequel that aroused a wide range of reactions from investors and the media.
Both Volkswagen and GM received disappointing news last week. The German automaker faces more fines and further negotiations with California over its emissions scandal. And GM must now restructure how it rates its franchises.
New Yorkers can now score a two-week unlimited UberPool commuting fare card for just $49. That makes Uber rides around much of Manhattan cheaper than taking the city’s venerable subway.
SPECIAL SERIES: Sustainable Innovation: The Patience to Get it Right
In today’s world, “innovation” is often synonymous with “fast.” But when the stakes are high, the mission is critical, and failure is not an option, the reality is innovation can take time. That doesn’t mean the outcome is any less disruptive.
During a divisive time, how can a company inspire people to lay aside personal opinions and do something for the greater good? JetBlue has an answer.
Some aren’t happy with the way Tesla and its co-founder, Elon Musk, are responding to a fatal accident involving the company’s autonomous-driving technology. If Tesla hopes to stamp out skepticism among investors and the public, a social media pivot is in order, argues 3p’s Leon Kaye.
On paper, the Tesla-SolarCity deal is one that is easy for Wall Street analysts and business school students to pick apart. But in the long term, we could see the rise of a formidable company as solar power and energy storage get more efficient and cheaper.
Volkswagen’s future is electrically charged. Or, that’s the way the company sees it. Fresh out of court, saddled with billions in debt and still facing lawsuits, VW is looking forward. And its course may help accelerate the electric car industry as well.
Sustainability in the auto industry is now about more than fuel economy and emissions rates. Multiple stakeholders are working to make the automotive marketplace even more sustainable — and profitable. And customers are rewarding those leading the charge.
On Tuesday, Volkswagen reached a record settlement to pay up to $14.7 billion as a result of its “dieselgate” emissions scandal. Individual owners will receive $5,100-$10,000 in cash payments along with a fix or a buy-back. Is it enough?
Rough waters are far from over for German carmaker Volkswagen. This week, angry shareholders called for board resignations, while the German regulatory agency BaFin announced further investigations. And there may be even more independent probes to come.