BUSINESS

Chinese electric vehicle (EV) startup Xpeng Motors has secured $400 million in fresh capital from a group of unidentified investors.

Netflix stands to lose market share but not leadership against Disney, Apple and HBO.

American Electric vehicle maker Tesla will build its fourth ‘Gigafactory’ in Berlin, Germany, according to CEO Elon Musk who announced this in Germany during a visit.

Airbnb is the latest to join the list of brands the Bitcoin payments app Fold supports.

The service will enable users to use the same payment method across apps without having to enter credit card information each time.

Investors had been hoping President Trump would have something to say about the timing of a trade deal in his speech before the Economic Club of New York. He said only a deal "could happen soon."

In a speech before the Economic Club of New York, Trump praised the economy's performance under his tenure, hailing the half-century low unemployment rate and the influx of new factories.

Aspark has unveiled the fully-electric Owl hypercar as the fastest car in the world. It can hits 60 mph in 1.69 seconds.

Barneys reportedly stiffed some employees when it came time to offer severance pay.

More fresh vegetable products have been recalled for possible Listeria contamination.

The U.S. Supreme Court refused to hear Remington's appeal in which the company argued it is protected against liability by a 2005 federal law.

Juul has increased it total job cuts from 500 to 650.

Dean Foods filed for Chapter 11 bankruptcy protection on Tuesday.

Trump speaks before the New York Economic Club as arguments over his decision to end the DACA program proceed at the U.S. Supreme Court.

Ezzo Sausage Company has recalled about 25,115 pounds of pizza toppings because they may be contaminated with Listeria.

Crypto Twitter isn't run solely by Bitcoin (BTC) bulls, as some may express pessimism about the most popular crypto too.  One crypto analyst, in particular, forewarns of a drop all the way to $900.

Although recreational pot will become fully legal in Illinois from January next year, Chicago's Housing Authority has warned residents of public housing that they cannot use marijuana in their premises and violation will lead to eviction.

Neuron EV debuts two electric trucks to take on Tesla's similar vehicles still under development.

Lolli, a Bitcoin Back app, signed in Chinese e-commerce giant Alibaba as a new partner to the list of brands they work with.

Tesla can produce electric vehicles and it will eventually learn to produce profits.

Disney Plus, the streaming service of Walt Disney, launching Tuesday has already won nearly 2 million subscribers in the U.S. before launch, according to market data firm Jumpshot.

John Legere might just be the man to lead WeWork.

President Donald Trump may delay the decision on slapping tariffs over imported European Union autos for another six months, according to reports.

In as early as January 2017, Lucid Motors announced plans of breaking ground on Casa Grande for their assembly plant, but lack of funding has impeded the production of their luxury sedan until an announcement the company made last week.

Nearly two dozen Microsoft employees, all beneficiaries of the Deferred Action for Childhood Arrivals program, will press lawmakers to protect them from deportation.

The Dow started the day with a 160-point plunge but ended up 10 points.

The company says it has completed the first of five milestones for returning the plane to service after two fatal crashes that killed more than 300 people.

The pay per head concept is not a new one, in fact, the concept has been around in one form or another for the better part of 25-years.

The company said the move will help it cut costs and be more responsive to consumer whims.