Business

In a bold maneuver that intertwines retail with sports broadcasting, QVC has secured a multiyear partnership with USA Pickleball, the governing body of the sport, to exclusively showcase its events. This collaboration marks a significant evolution in how shopping networks can engage with audiences, particularly through live sports entertainment. Kicking off with the upcoming 2024
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In a groundbreaking move within the automotive and technology industries, Hyundai Motor has established a multi-year strategic partnership with Waymo, the self-driving arm of Alphabet. This collaboration, announced recently, sets the stage for an ambitious merging of Hyundai’s innovative Ioniq 5 electric vehicle with Waymo’s advanced autonomous driving technology. This partnership not only highlights the
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Rivian Automotive, a leading player in the electric vehicle (EV) market, encountered a significant setback in early trading this Friday, causing shares to tumble nearly 4%. The company’s third-quarter performance fell short of analysts’ expectations, primarily due to a notable reduction in vehicle deliveries and a downward adjustment of its annual production forecast for 2024.
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Recently, General Motors (GM) faced an unexpected yet significant disruption in its production process, particularly affecting their lucrative line of heavy-duty pickups and SUVs. The automaker ceased operations at two of its key factories in response to supply chain impacts stemming from Hurricane Helene. This decision reflects the broader challenges faced by the automotive industry
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In recent weeks, the relationship between Stellantis, the multinational automotive manufacturer, and the United Auto Workers (UAW) has soured significantly, evolving into a contentious legal battle. This escalation has emerged from a series of grievances pertaining to contractual commitments made by Stellantis and the company’s operational decisions in response to shifting market demands. The current
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In a significant development for the sports industry, the Miami Dolphins are reportedly engaged in advanced discussions to offload a minority stake to private equity firm Ares Management and billionaire Joe Tsai, owner of the Brooklyn Nets. This trend mirrors a broader shift among professional sports team owners who are increasingly keen to diversify their
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Ford Motor Company is set to elevate its flagship Expedition SUV in response to the changing preferences of consumers and the competitive landscape of the SUV market. The 2025 model has undergone significant refinements, both aesthetically and technologically, aimed at enhancing the driving experience and accommodating the needs of families. Ford’s commitment is underscored by
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