LONDON (AP) — Chrysler plans go all electric by 2028, the latest automaker to announce a shift away from gasoline-powered engines under rising pressure to act on climate change. The company said Wednesday that it will launch its first electric vehicle by 2025. Chrysler announced its electric plans along with a new AI-enabled vehicle system […]

DETROIT (AP) — A couple of months ago, a woman paid a visit to Jeff Schrier’s used car lot in Omaha, Nebraska. She was on a tight budget, she said, and was desperate for a vehicle to commute to work. She was shown three cars priced at her limit, roughly $7,500. Schrier said the woman […]

TEL AVIV, Israel (AP) — Israel’s Environment Minister said Thursday a clandestine oil deal that would have turned a scuba divers’ paradise into a waypoint for Emirati oil headed for Western markets has effectively been blocked. Tamar Zandberg told Israeli Army Radio that following a Justice Ministry opinion that her office had the authority to […]

ILLINOIS (JNS) – The state of Illinois is expected to divest its pension funds of investments in Unilever this coming Wednesday, JNS has learned. This looming decision in Illinois marks the latest domino to fall as the global conglomerate continues to come under fire after ice-cream maker Ben & Jerry’s, a wholly-owned subsidiary of Unilever, […]

NEW YORK (VINnews) — Two young frum startup founders have just landed a massive investment. Swimply, launched by Bunim Laskin and Asher Weinberger, has raised $40 million in a funding round led by Mayfield. One of the backers is GGV Capital, one of Airbnb’s biggest investors. It’s no coincidence. The Swimply concept is amazingly similar […]

DETROIT (AP) — Volkswagen’s Audi luxury brand is recalling 289,000 SUVs in the U.S. because water can get into a control computer under the back seats. The recall covers certain 2021 and 2022 Q5 and SQ5 Sportback models and some 2018 through 2022 Q5 and SQ5 models. The company says in documents posted by U.S. […]

BROOKLYN (VINnews) — Renowned property developer Yoel Goldman’s real estate firm has become the latest victim of the Covid pandemic, and more specifically, the crushing government response. All Year Holdings Ltd., a powerful development firm, has filed for bankruptcy, largely because it was not allowed to collect rent from hundreds of tenants, as a result […]

WASHINGTON (AP) — The Biden administration released an ambitious federal strategy Monday to build 500,000 charging stations for electric vehicles across the country and bring down the cost of electric cars with the goal of transforming the U.S. auto industry. “The future of transportation in our nation and around the world is electric,” Vice President […]

NEW YORK (AP) — Calling him a “clown, genius, edgelord, visionary, industrialist, showman,” Time magazine has named Tesla CEO Elon Musk as its Person of the Year for 2021. Musk, who is also the founder and CEO space exploration company SpaceX, recently passed Amazon founder Jeff Bezos as the world’s wealthiest person as the rising […]

Pfizer is spending $6.7 billion to buy a drugmaker that is developing treatments for inflammatory conditions like Chrohn’s disease but has no products on the market. The pharmaceutical giant said Monday it will pay $100 in cash for each share of Arena Pharmaceuticals in a deal already approved by the boards of both companies. Shares […]