Tag: Consumer products and services
Electrify America to double EV charging stations by 2025
SILVER SPRING, Md. — Electrify America, an electric vehicle charging network funded with money paid by Volkswagen as punishment for its emissions cheating scandal,...
Italy to ban mammoth cruise ships from Venice as of Aug. 1
ROME — Declaring Venice's waterways a “national monument,” Italy is banning mammoth cruise liners from sailing into the lagoon city, which risked being declared...
Russia-based ransomware gang offline but cause not clear
WASHINGTON — The Russia-based criminal syndicate behind a devastating series of recent ransomware attacks was offline on Tuesday, but cybersecurity experts said that it...
Musk under fire again: CEO to testify over Tesla acquisition
In the runup to Tesla Inc.'s 2016 acquisition of a company called SolarCity, Elon Musk hailed the deal as a “no brainer" — a...
Spain aims EU funds for boost to electric car industry
MADRID — The Spanish government will invest 4.3 billion euros ($5.1 billion) from its share of European pandemic recovery funds to revamp its automobile...
Czech brewer Budvar increases net profit amid pandemic
PRAGUE — Budvar, the Czech brewer that has been in a long legal dispute with U.S. company Anheuser-Busch over use of the “Budweiser” brand,...
Nordstrom buys minority share in 4 UK fashion brands
NEW YORK — Nordstrom says it's acquiring a minority interest in four fashion brands owned by a British company called Asos as the department...
Volvo to resume production at Virginia plant despite strike
DUBLIN, Va. — Volvo Trucks North America says it will restart production at a plant in southwestern Virginia on Monday despite an ongoing strike...
This Week: Delta earns, industrial production, retail sales
A look at some of the key business events and economic indicators upcoming this week:
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Historic Warsaw store, seeking rebirth, hit by pandemic
WARSAW, Poland — The Jablkowski Brothers Department Store was once a Warsaw landmark that revolutionized shopping and brought goods to a modernizing society in...