DETROIT (AP) — Tesla’s sales from April through June fell to their lowest quarterly level since last fall as supply chain issues and pandemic restrictions in China hobbled production of its electric vehicles. The company on Saturday disclosed it sold more than 254,000 cars and SUVs from April through June, an 18% drop from the […]

CHILE (VINnews) — An employee got a massive bonus from his work…albeit by mistake. Now that man has vanished, along with the cash. The worker at a company in Chile which makes cold cuts usually receives a monthly salary of about 500,000 pesos (around $555) deposited into his account. On May 30, somebody at HR […]

SANTA CRUZ, Calif. (AP) — Longtime Netflix CEO Reed Hastings is renowned for building a video streaming service that has transformed entertainment, but it probably wouldn’t have happened if not for his friendship with serial entrepreneur Marc Randolph. While brainstorming with Hastings in 1997, Randolph conceived the DVD-by-mail service that launched Netflix. He then directed […]

WASHINGTON (AP) — Furious about surging prices at the gasoline station and the supermarket, many consumers feel they know just where to cast blame: On greedy companies that relentlessly jack up prices and pocket the profits. Responding to that sentiment, the Democratic-led House of Representatives last month passed on a party-line vote — most Democrats […]

Instagram is testing new ways to verify the age of people using its service, including a face-scanning artificial intelligence tool, having mutual friends verify their age or uploading an ID. But the tools won’t be used, at least not yet, to block children from the popular photo and video-sharing app. The current test only involves […]

Yelp is closing three of its U.S. offices after finding most of its employees prefer to work remotely. In a blog post Thursday, Yelp Co-Founder and CEO Jeremy Stoppelman said the company will close its offices in New York, Washington and Chicago on July 29. The online review and reservation company also plans to downsize […]

LAKEWOOD (VINnews) Shaindy Braun has decided to close her “Sary Wigs” Instagram page, which has over 40,000 followers. She wrote one final post, including this excerpt: “I am making this choice to close this page in order to make space for something higher. I want more אמת and more קדושה in my life and by […]

WASHINGTON (AP) — President Joe Biden on Wednesday will call on Congress to suspend federal gasoline and diesel taxes for three months — a move meant to ease financial pressures at the pump that also reveals the political toxicity of high gas prices in an election year. The Democratic president will also call on states […]

REHOBOTH BEACH, Del. (AP) — Treasury Secretary Janet Yellen said Sunday that she expects the U.S. economy to slow in the months ahead, but that a recession is not inevitable. Yellen offered a dose of optimism even as economists grow increasingly worried about a recession fueled by skyrocketing inflation and the Russian invasion of Ukraine. […]

NEW YORK (AP) — U.S. financial markets will observe the Juneteenth holiday for the first time on Monday. Last year, Juneteenth was designated a federal holiday to mark the effective end of slavery in the U.S. Since June 19 falls on a Sunday this year, it will be observed on Monday. On June 19, 1865, […]