Automakers Rev Their Engines For Geneva Motor Show
Marty Padgett, editorial director for Motor Authority, discusses what we should look for at the Geneva Motor Show, as well as the scandal enveloping automakers such as Volkswagen, BMW, and Daimler. The car brands are in hot water after attempting to suppress results from animal testing.
Padgett says all eyes will be on Jaguar's I-Pace electric SUV. The car is Jaguar's answer to the Tesla Model X. Padgett explains Tesla has "reset expectations."
Padgett also talks about Pal-V's flying car. The vehicle features an internal combustion engine with 100 horsepower and has a combined 310 mile range.
Padgett also breaks down the scandal involving VW, BMW, and Daimler. The brands attempted to suppress test results that subjected monkeys to hours of diesel fuel inhalation. The results didn't show the data the companies wanted. Padgett says it will take a generation for VW to recover.
Microsoft has announced that it's hired Sam Altman and another co-founder of ChatGPT maker OpenAI after they unexpectedly departed the company days earlier in a corporate shakeup that shocked the artificial intelligence world.
Many factors lie behind the disconnect, but economists increasingly point to one in particular: The lingering financial and psychological effects of the worst bout of inflation in four decades.
Advertisers are fleeing social media platform X over concerns about their ads showing up next to pro-Nazi content, hate speech on the site in general or billionaire owner Elon Musk’s own posts endorsing an antisemitic conspiracy theory.
Big Business This Week is a guided tour through the biggest market stories of the week, from winning stocks to brutal dips to the facts and forecasts generating buzz on Wall Street.
The board of ChatGPT-maker Open AI said Friday it has pushed out its co-founder and CEO Sam Altman after a review found he was “not consistently candid in his communications” with the board.
