Amazon Tells Employees to Relocate to Seattle, Other Hubs
Amazon headquarters in Seattle. (David Ryder/Bloomberg News) Amazon.com Inc. is ordering some corporate employees to move closer to their managers and teams, roiling a workforce already worried about job cuts and warnings from the top that artificial intelligence will shrink their ranks in the coming years. Workers are being told ...more
Stellantis Profits Soar 37% in First Half of Year
A Dodge Durango. North America accounted for 57% of adjusted operating income and nearly half of company revenue, boosted by ...more
Congress Urged to Regulate Self-Driving Vehicles
John Bozzella, president for the Alliance for Automotive Innovation, testifies July 26. (House Committee on Energy and Commerce/YouTube) WASHINGTON — ...more
Yellow Says Discussions With Teamsters Ongoing
“As previously stated, and in keeping with fiduciary responsibility of the company’s executives, the company continues to prepare for a ...more
Waymo Via to Focus on Ride-Hailing Over Autonomous Trucking
Waymo's parent company, Alphabet, is prioritizing financial discipline. (Mark Kauzlarich/Bloomberg News) Waymo, the self-driving unit owned by Alphabet Inc., is ...more
Traton’s Profit Jumps in Second Quarter
Navistar, which operates the International Trucks brand, reported an adjusted operating profit of $190.4 million, more than double the 2022 ...more
June Used Class 8 Sales Little Changed From Last Year
“It feels like we’re getting closer to a bottoming-out process,” said Trey Golden at Rush Enterprises. (Rush Enterprises via Vimeo) ...more