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.
Cheddar News breaks down some of the top business stories to look out for, including WeWork's bankruptcy filing and fast-fashion retailer Shein reportedly expecting a $90 million valuation upon its market debut. Plus, a new EV truck will have a backup gas generator.
WeWork has filed for Chapter 11 bankruptcy protection.
Bumble, the female-focused dating app, announced that Whitney Wolf Hurd, the company's founder and CEO, will step down in January.
WeWork officially has filed for bankruptcy.
With interest rates high, housing inventory low and Veterans Day just around the corner, Cheddar News took a look at how the current market is impacting those who served and continue to serve our country. Patton Gade, national director of military lending with UMortgage, explains how a VA loan works, its benefits and what's involved in the process of purchasing a home.
Stocks were mixed in Tuesday's early session as Wall Street came off a strong rally last week.
Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people's dependence on one of its main products to stifle competition at consumers' expense.
Hilton Grand said it's in the process of purchasing Bluegreen Vacations in a $1.5 billion deal.
Walt Disney Co. named former PepsiCo veteran Hugh Johnston as its new chief financial officer.
The PlayStation 5 Slim will be reportedly released on Friday.
