Volvo cars to be ‘vegan friendly’ and leather-free by 2030

Volvo cars to be ‘vegan friendly’ and leather-free by 2030

 Swedish carmaker Volvo said on Thursday that its vehicle range will go leather-free or ‘vegan-friendly’ by 2030, offering instead bio-based and recycled materials to a customer base that increasingly wants sustainably sourced products. “We’ve got a new generation of customers coming through, they’re far more interested in the products they buy and having an ethical story behind … Read more

NTSB seeks video, photos of fiery South Florida Tesla crash

NTSB seeks video, photos of fiery South Florida Tesla crash

U.S. safety investigators are asking anyone who witnessed a fiery Tesla crash last week near Miami that killed two people to send them video or photos taken at the scene. The National Transportation Safety Board sent three investigators to the Sept. 13 crash in Coral Gables, Florida. The agency says Thursday that it’s specifically looking … Read more

Impossible Foods to roll out meatless pork in NYC, Hong Kong, Singapore

Impossible Foods to roll out meatless pork in NYC, Hong Kong, Singapore

Impossible Foods is debuting its meatless pork product at a Manhattan restaurant beginning Thursday and in Hong Kong and Singapore over the next few months as it tries to bolster its footprint in the fast-growing plant-based food space. The California-based company is unveiling the product in lower Manhattan’s Momofuku Ssam Bar from Sept. 23, and said the … Read more

James Mattis testifies in Elizabeth Holmes Theranos trial

James Mattis testifies in Elizabeth Holmes Theranos trial

Former US Secretary of Defense James Mattis testified Wednesday in the trial of fallen tech star Elizabeth Holmes, saying the entrepreneur misled him into believing she was on the verge of rolling out a blood-testing breakthrough that he hoped would help save lives of troops in battle. Mattis’ appearance came during the sixth day of a … Read more

Chip shortage expected to cost auto industry $210 billion

Chip shortage expected to cost auto industry $210 billion

The semiconductor chip shortage that’s roiled the global car market is now expected to cost the industry $210 billion in revenue this year, consulting firm AlixPartners said Thursday. The revised forecast is nearly double the New York-based firm’s projections from May, when it expected to see $110 billion in lost revenue due to the shortage. … Read more

Apple would have to redesign iPhone under proposed EU rule

Apple would have to redesign iPhone under proposed EU rule

Apple’s current slate of iPhones would be illegal to sell in the European Union under a new proposed rule requiring smartphones and electronics to come with standardized charging ports. The EU edict, proposed Thursday, would require all devices sold in the bloc to have USB-C ports, which are already used for many Android and other … Read more

New jobless claims unexpectedly rise to 351K

New jobless claims unexpectedly rise to 351K

The number of Americans newly seeking jobless benefits unexpectedly rose again last week amid ongoing concerns over the surge in COVID-19 cases driven by the Delta variant, the feds said Thursday. Initial filings for unemployment benefits, seen as a proxy for layoffs, rose to 351,000 last week, up 16,000 from the prior week’s revised level of 335,000, according to … Read more

Elizabeth Holmes said she was ‘the best business person of the year’ in texts

Elizabeth Holmes said she was 'the best business person of the year' in texts

Elizabeth Holmes, the disgraced founder of defunct blood-testing company Theranos, once called herself the “best business person of the year” in text messages to Ramesh “Sunny” Balwani, Holmes’ ex-boyfriend and former Theranos COO. “My new life as of this night and forevermore: – total confidence in myself best business person of the year – focus … Read more