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Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker

Christian Horner is confident he will remain Red Bull team boss despite facing an ongoing investigation into allegations of inappropriate behaviour, something he labelled a “distraction” ahead of the new Formula One season. Horner, who was accused by an F1 team employee of controlling behaviour, has strenuously denied the claims made against him. The Brit,

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Norway boasts the highest electric vehicle adoption rate in the world. Some 82% of new car sales were EVs in Norway in 2023, according to the Norwegian Road Federation (OFV). In comparison, 7.6% of new car sales were electric in the U.S. last year, according

Open Extended Reactions Max Verstappen hopes old rival Lewis Hamilton’s 2025 move to Ferrari will be a success and seemed excited by the prospect of seeing the seven-time world champion wearing red. Hamilton’s bombshell move, which will happen after he finishes the final year of his Mercedes contract, has been the big story of F1’s

Ryan McGee, ESPN Senior WriterFeb 16, 2024, 12:10 PM ET Close Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Open Extended Reactions NASCAR’s Super Bowl takes place Sunday with the season-opening Daytona 500. Mike Ehrmann/Getty Images DAYTONA, Fla. — Your attention please, my friends and

In this article F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers President Shawn Fain during an online broadcast updating union members on negotiations with the Detroit automakers on Oct. 6, 2023. Screenshot DETROIT — The United Auto Workers is threatening a labor strike at Ford Motor’s largest U.S. plant if local union demands

Open Extended Reactions Red Bull boss Christian Horner has confirmed he will be in the paddock when Formula One preseason testing begins in Bahrain on Feb. 21, despite being subject to an ongoing internal investigation into alleged inappropriate behaviour. An F1 employee has accused Horner of controlling behaviour and inappropriate text messages. – Unlapped: How

The logo of car manufacturer Ford is pictured in Inwood, New York, on February 5, 2024.  Charly Triballeau | AFP | Getty Images LONDON — Ford was warned on Wednesday that more than 3,000 white-collar workers across the U.K. could launch industrial action after union members rejected a pay offer from the U.S. automotive giant.

Laurence Edmondson, F1 EditorFeb 15, 2024, 03:00 PM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Red Bull says it has “pushed the boundaries” with the design of its new Formula One car, the RB20, as it prepares to defend its position as the dominant force in Formula

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford Motor Co., CEO Jim Farley gives the thumbs up sign before announcing Ford Motor will partner with Chinese-based, Amperex Technology, to build an all-electric vehicle battery plant in Marshall, Michigan, during a press conference in Romulus, Michigan February 13, 2023. Rebecca Cook | Reuters

Associated Press Feb 14, 2024, 11:01 AM ET Open Extended Reactions IndyCar will move its September season-ending championship finale from the downtown streets of Nashville to the superspeedway in Lebanon, Tennessee, because of construction surrounding the Tennessee Titans’ new stadium, organizers announced Wednesday. Big Machine Label Group chairman and founder Scott Borchetta said he is

(L-R) United Auto Workers (U.A.W.) members Kaleb Delfine, Bryan Broecker, Michael Gatto and James Triplett picket outside the Jeep Plant on September 18, 2023 in Toledo, Ohio. Sarah Rice | Getty Images Global auto giant Stellantis on Thursday reported a 10% year-on-year fall in profit in the second half of 2023, as six-week strikes at

Associated Press Feb 14, 2024, 01:37 PM ET Open Extended Reactions David Malukas tore ligaments in his left wrist during a mountain biking accident and will miss the start of his first season driving for McLaren Racing. McLaren said Wednesday that Malukas, 22, had undergone surgery on his dislocated wrist a day earlier. Malukas will

A SpaceX Falcon 9 rocket lifts off on the USSF-124 mission for the U.S. Space Force and Missile Defense Agency in Cape Canaveral, Florida, U.S., February 14, 2024.  Joe Skipper | Reuters SpaceX has filed to change its incorporation location to Texas from Delaware, according to public filings with the Texas Secretary of State. It’s

Laurence Edmondson, F1 EditorFeb 14, 2024, 05:41 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Mercedes has launched its new Formula One car, the W15, ahead of its first shakedown test at Silverstone on Wednesday. The new car will likely be the last Mercedes driven by Lewis

In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk, CEO of Tesla and X, speaks at the Atreju political convention organized by Fratelli d’Italia (Brothers of Italy), in Rome, Dec. 15, 2023. Antonio Masiello | Getty Images Two weeks after a Delaware court ruled that Tesla must rescind Elon Musk’s $56 billion

Ryan McGee Close Ryan McGee ESPN Senior Writer Senior writer for ESPN The Magazine and ESPN.com 2-time Sports Emmy winner 2010, 2014 NMPA Writer of the Year Marty Smith Close Marty Smith ESPN ESPN NASCAR lead reporter Former NASCAR.com senior writer 15 years covering NASCAR Feb 13, 2024, 09:27 AM ET Open Extended Reactions With

A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022.  Paresh Dave | Reuters Waymo has filed a voluntary recall notice with federal vehicle safety regulators for software that was previously used in their driverless cars, the company announced Tuesday, marking a first for Alphabet‘s self-driving vehicle unit.

Open Extended Reactions Ferrari has launched the car it hopes can take the fight to Red Bull in 2024, the SF-24. The new car has largely stayed true to the colour scheme of previous years, although there are now flashes of white and yellow — the background colour of the company’s famous logo — to

The Chrysler Halcyon concept car. Stellantis DETROIT — Chrysler revealed the direction of its future products on Tuesday with a new concept car called “Halcyon,” as the once prominent auto company attempts to drum up attention amid a dearth of new products. The concept car is a sleek, future-looking sports car that’s designed to incorporate

Laurence Edmondson, F1 EditorFeb 12, 2024, 03:00 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Aston Martin driver Fernando Alonso insists he has had no contact with Mercedes following the news that Lewis Hamilton will leave the team at the end of the year to drive for

Laurence Edmondson, F1 EditorFeb 12, 2024, 03:00 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions Aston Martin’s Formula One team has launched the car it hopes will close the gap to reigning champions Red Bull in 2024. The team says the new car, named AMR24, is an

Your eyes aren’t fooling you — your car repair bill really is getting more expensive. Several factors are pushing costs up: heavier, more complex vehicles, new materials and manufacturing methods, a worsening dearth of talented technicians and pandemic-induced supply shortages. “Customers definitely are getting sticker shock,” said David Goldsmith, who owns Urban Classics, a repair

Open Extended Reactions With the 2024 F1 seasons just weeks away, ESPN lays out the best American sports comparables. Illustration by ESPN As team after team launches new livery after new livery, we are constantly being reminded that the 2024 Formula One season is just around the corner. Preseason testing will wrap up in two weeks,

Halfpoint Images | Moment | Getty Images Consumers no longer have to wait to file their annual tax returns to get a tax break for the purchase of a new electric vehicle. At the start of 2024, the federal “new clean vehicle” tax credit became available as a point-of-sale discount — worth up to $7,500

Laurence Edmondson, F1 EditorFeb 8, 2024, 09:32 AM ET Close • Joined ESPN in 2009• An FIA accredited F1 journalist since 2011 Open Extended Reactions The British Grand Prix will remain at Silverstone until 2034 after the circuit signed a new 10-year deal with Formula One. Silverstone was entering the final year of its contract this season,

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley poses for a photo before announcing at a press conference that Ford Motor Company will be partnering with the world’s largest battery company, China-based Contemporary Amperex Technology, to create an electric vehicle battery plant in Marshall, Michigan, on Feb. 13, 2023,

Red Bull boss Christian Horner’s hearing into allegations of inappropriate behaviour started in London on Friday. Horner, accused by an F1 team employee of controlling behaviour and text messages, has strenuously denied the claims made against him. Red Bull’s wider company, which instigated the investigation, said it takes the allegations “extremely seriously.” Sources have told

2025 Kia Carnival  Kia CHICAGO – Kia Motors is adding a hybrid model to its Carnival minivan to meet increasing consumer demand for the technology and assist in meeting tightening federal fuel economy standards. Hybrids are a growing option for automakers as they strive to make vehicles more efficient and avoid costly federal fuel economy

Marshall Pruett, Racing columnistFeb 8, 2024, 11:54 AM ET Open Extended Reactions IndyCar will introduce its new hybrid powertrains in the middle of the 2024 season. Penske Entertainment: Joe Skibinski Five years in the making, IndyCar’s long-awaited technological move into hybridization is scheduled to arrive in the summer. Originally announced to go live at the first