Unilever Sells Venezuelan Ice Cream Unit to Mack de Venezuela
The financial details of the operation haven’t been disclosed, the firm added. (Luke Sharrett/Bloomberg) Unilever PLC sold its Venezuelan ice cream business to truck dealer Mack de Venezuela CA, as a renewed bout of high inflation and political uncertainty hits the Andean nation’s private sector. The transaction, effective July 3, ...more
Musk Expects ‘Hundreds of Thousands’ of Self-Driving Teslas
Tesla unveiled its Cybercab in October 2024. (Tesla) DUBAI, United Arab Emirates — Elon Musk said that he expects hundreds ...more
Amazon Issues Backdated Refunds in Policy Review
An Amazon spokesperson acknowledged May 20 that refunds are being sent to customers but declined to specify how many or ...more
Ford’s EV Battery Plant May Add Nissan to Client List
The Japanese automaker wants to source batteries in the U.S. in part to avoid President Donald Trump’s tariffs. (Kiyoshi Ota/Bloomberg) ...more
ATA Endorses Modern Worker Empowerment Act
The Modern Worker Empowerment Act would establish a comprehensive test for arriving at a worker classification. (welcomia/Getty Images) WASHINGTON — ...more
Trump Team Resists Nvidia, Upholds AI Export Curbs to China
Nvidia chips in Taipei, Taiwan. (I-Hwa Cheng/Bloomberg) The Trump administration will maintain efforts to keep advanced artificial intelligence technology out ...more
G-7 Ministers Tread Carefully Amid US Trade Tensions
Bessent — who has emerged as one of President Donald Trump’s chief trade negotiators — is expected to speak with ...more