Sears Holdings chairman and largest investor Eddie Lampert may have profited from the company’s collapse into bankruptcy, a creditors group alleged.
Author: Nathan Bomey, USA TODAY
General Motors unveils electric bicycles that will arrive in 2019
GM has designed two electric bicycles and plans to sell them beginning in 2019.
‘Colossal collapse’ in gas prices expected heading into midterm elections
Gas prices are expected to plunge sharply in the final days leading up to the midterm elections, potentially nearing $2 a gallon at some stations.
Subaru, Toyota recall 165,000 U.S. cars with defect that could lead to engine stalling
Subaru and Toyota are recalling about 165,000 U.S. cars they manufactured jointly after discovering a defect that could lead to the engine stalling.
Rising interest rates and prices hurt October auto sales, with SUVs still faring better than cars
Rising interest rates and higher prices are beginning to throttleU.S. auto sales. Interest rates on new vehicles averaged 6.2 percent in October.
These 8 retailers can’t afford a disappointing 2018 holiday shopping season
A slew of high-profile retailers are wheezing, turning the always-crucial holiday shopping season into a make-or-break scenario for many of them.
Tesla electric vehicles will park themselves in 2019, Elon Musk says
Tesla cars will be able to find a parking spot on their own in 2019, CEO Elon Musk said Wednesday on Twitter.
Honda rugged open-air concept vehicle debuts at SEMA Show
Honda combined elements of its Ridgeline pickup truck and its Honda Pioneer 1000 side-by-side utility vehicle to deliver something altogether new.
Marlboro maker Altria halts sales of flavored vaping liquid as FDA weighs ban
Tobacco maker Altria pledged to stop selling certain vaping products until federal regulators sign off or”the youth issue is otherwise addressed.”
Tesla delivers profit: ‘Many argued’ it was ‘impossible,’ CEO Elon Musk says
Tesla delivered a rare quarterly profit as the company ramped up production of its Model 3 electric car, prompting CEO Elon Musk to celebrate.