Markets

General Motors Co said on Friday it is recalling 68,677 electric cars worldwide that pose a fire risk after five reported fires and two minor injuries.

A long period of underperformance for value stocks has frustrated Mike Mullaney, whose firm's investing style is "all value, all the time."

Ford Motor Co has reversed course and is now considering making its own battery cells as sales volumes of electric vehicles rise around the world, the automaker's top executive said on Friday.

TikTok said it now has until Nov. 27 to reach an agreement. ByteDance has been in talks for a deal with Walmart Inc and Oracle Corp to shift TikTok's U.S. assets into a new entity. The U.S Treasury did not immediately comment on Friday.

A senior General Motors Co executive said on Friday the No. 1 U.S. automaker and its suppliers need to avoid letting their guard down as COVID-19 cases continue to rise, adding that he is constantly worried about the human suffering and economic hardships wrought by the pandemic.

U.S. House of Representative Speaker Nancy Pelosi said on Friday that Facebook Inc has been part of the problem when it comes to election-related interference.

REUTERS: Ford Motor Co is considering making its own batteries as sales volumes of electric vehicles rise around the world, the automaker's top executive said on Friday (Nov 13). "We are discussing (battery) cell manufacturing," Ford's Chief Executive Officer Jim Farley told a Reuters Events ...

BERLIN: Volkswagen has raised its planned investment on digital and electric vehicle technologies to €73 billion (US$86 billion) over the next five years as it seeks to hold onto its crown as the world's largest carmaker in a new green era. Under a plan presented on Friday (Nov 13),...

The Turkish Competition Board has fined Google 196.7 million lira (US$26 million) as the result of an investigation, state-owned Anadolu news agency reported on Friday.

U.S. producer prices increased for a sixth straight month in October amid more expensive food and gasoline, but the trend remained moderate, supporting views of tame inflation given labor market slack and a resurgence in new coronavirus cases.