Honda has issued an urgent recall affecting more than 406,000 vehicles in the U.S. due to a potentially dangerous defect that could increase the risk of crashes, injuries, or death. The recall, announced on Oct. 31 through the National Highway Traffic Safety Administration (NHTSA), involves Honda Civic models spanning six model years. The problem involves wheels that could come loose and even detach from the vehicle. While no injuries or accidents have been reported so far, the company warned that loose ...

RT Joe Tegtmeyer 🚀 🤠🛸😎 (@JoeTegtmeyer)Best view yet of a ‘complete” Cybercab rear assembly. This is one of 4 major parts that are joined together on the “unboxed” assembly line inside Giga Texas.In my main video coming out later today, I cover where this is inside the factory & more information. https://t.co/xzyE6A2PmW ...

Despite losing billions of dollars on EVs each year, Ford vows to move forward — armed with new knowledge of consumer preferences and the competitive scene. ...

Core Insights - Whimo has expanded its operations to freeways in San Francisco, Phoenix, and Los Angeles, marking a significant step in the evolution of autonomous driving [1][3] - The shift to freeway driving is crucial for making autonomous vehicles mainstream, as it allows for longer, more efficient trips compared to urban driving [2][3] - Whimo's operational model focuses on building a network rather than just a map of test zones, which could lead to a national driverless network [3][4] Company Performance - Whimo has logged over 100 million miles of driving, significantly outpacing Tesla's 1 million miles, highlighting its advanced operational capabilities [4] - Alphabet, Whimo's parent company, has a forward PE ratio of 28, contrasting sharply with Tesla's 240, indicating that Whimo is delivering on its promises at a larger scale [5][4] Industry Context - The transition to freeway driving represents a major economic shift for the autonomous driving industry, as it enhances the value of rides and reduces inefficiencies associated with urban driving [2][3] - The successful implementation of autonomous driving on highways is seen as a critical milestone, with high stakes involved in ensuring safety and technology reliability [7][8]

Ford Motor Company President and CEO Jim Farley said that taking apart cars from Tesla and Chinese rivals “humbled” and “shocked” him. The discovery he said led to a shakeup at the American carmaker, as per a Business Insider report.Speaking on the Office Hours: Business Edition podcast, the business leader said that the shock pushed him to make big changes to make Ford competitive against Tesla and electric vehicle (EV) makers from China.What was Jim Farley's humbling, shocking discovery?According to Farle ...

Core Viewpoint - Coinbase is reincorporating in Texas, reflecting a trend of companies moving away from Delaware due to its unpredictable legal environment and towards states with more favorable business conditions [1][2][8]. Group 1: Company Moves - Coinbase has announced its decision to reincorporate in Texas after a majority of its stockholders voted in favor [1]. - This move is part of a broader trend where several large companies, including Tesla and Trump Media & Technology, have shifted their legal headquarters from Delaware to states like Texas and Florida [4]. Group 2: Texas Business Environment - Texas is becoming a popular destination for U.S. corporations due to its favorable business environment, including friendlier tax rules and lighter regulatory regimes [2]. - The state has established a specialized business court system aimed at creating a more predictable legal framework for companies [9]. Group 3: Legal Environment Comparison - Coinbase's chief legal officer highlighted that Delaware's Chancery Court has experienced unpredictable outcomes in recent years, prompting companies to seek more stable legal environments [6][8]. - Texas is viewed as offering greater efficiency and predictability in legal matters, which is appealing to businesses [9].

Core Insights - Toyota is making a significant investment of $10 billion in the U.S. market, focusing on electric vehicle (EV) and hybrid production, as well as battery production [1][6] - The company is starting battery production at a new facility in Liberty, North Carolina, which will create an additional 2,500 jobs, increasing total employment at the site to 5,100 [2][3] - Toyota currently holds a dominant position in the hybrid market, accounting for 51% of hybrid sales in the U.S., and aims to increase local production to reduce reliance on imports [3] Investment Strategy - Despite a general trend of automakers scaling back EV investments in the U.S., Toyota is proceeding with its plans, indicating confidence in the market [2][5] - The investment will enhance Toyota's production capabilities, particularly for models like the RAV4 hybrid, which will utilize batteries produced at the new facility [3][6] - The company is also looking to benefit from clearer tariff rates established through trade agreements with Japan, which may further incentivize local production [5][7] Competitive Landscape - Toyota's investment comes at a time when competitors like General Motors are reassessing their own spending on battery and EV production in the U.S. [4] - The recent market dynamics show that Toyota and General Motors have been trading in tandem, reflecting a shift in the competitive landscape [4]

Ford’s CEO Jim Farley thinks America needs a wake-up call. Speaking on the Office Hours: Business Edition podcast, Farley said Ford had 5,000 open mechanic positions that it hasn’t been able to fill, despite an eye-popping $120,000 salary—nearly double the American worker’s median salary. And it’s not just Ford, added Farley. The carmaker’s struggle to fill jobs that require training and manual labor are indicative of a general shortage for manual-labor jobs in the U.S., he added. “We are in trouble in ...

Core Insights - Wall Street has experienced a significant rally in 2023, primarily driven by advancements in artificial intelligence (AI) technology, particularly generative and agentic AI, which have transformed the information technology sector globally [1] Group 1: Non-Tech Stocks with Growth Potential - Several non-tech companies have emerged as strong investment opportunities alongside tech giants, with a favorable Zacks Rank indicating potential for fruitful investments by 2026 [2] - The selected non-tech stocks include Southern Copper Corp. (SCCO), HCA Healthcare Inc. (HCA), General Motors Co. (GM), Morgan Stanley (MS), and Capital One Financial Corp. (COF), all holding a Zacks Rank 1 (Strong Buy) [2] Group 2: Southern Copper Corp. (SCCO) - Southern Copper has the largest copper reserves in the industry and operates in investment-grade countries like Mexico and Peru, positioning it for enhanced performance through low-cost production and growth investments [5][6] - The company has a capital investment program exceeding $15 billion for this decade, with approximately $10.3 billion allocated to Peru, the second-largest copper producer [6] - SCCO's expected revenue and earnings growth rates for the next year are 1.5% and 12.1%, respectively, with a 14.4% improvement in the Zacks Consensus Estimate for next year's earnings over the last 30 days [8] Group 3: HCA Healthcare Inc. (HCA) - HCA Healthcare's revenues have increased by 7.2% year over year in the first nine months of 2025, driven by growth in admissions and inpatient surgeries, with projected revenues of $75-$76.5 billion for 2025 [11] - The company has engaged in multiple buyouts to expand its network and increase patient volumes, alongside a significant share repurchase of $7.5 billion and dividend payments of $517 million in the same period [12] - HCA's expected revenue and earnings growth rates for the next year are 4.3% and 8.4%, respectively, with a 5% improvement in the Zacks Consensus Estimate for next year's earnings over the last 30 days [13] Group 4: General Motors Co. (GM) - General Motors holds a 17% market share as the top-selling U.S. automaker, with strong demand for its brands and a 10% year-over-year sales increase in China [14] - The company's software and services division has generated $2 billion in revenue year to date, supported by 11 million OnStar subscribers, and it maintains strong liquidity of $35.7 billion [15] - GM's expected revenue and earnings growth rates for the next year are -0.7% and 7.9%, respectively, with a 0.6% improvement in the Zacks Consensus Estimate for next year's earnings over the last seven days [16] Group 5: Morgan Stanley (MS) - Morgan Stanley's focus on wealth and asset management, along with strategic acquisitions like EquityZen, is expected to enhance its top line, with projected revenue and investment banking fee increases of 11.7% and 12.8% in 2025 [17] - Despite challenges in trading revenue growth due to market volatility, the company maintains a solid balance sheet with efficient capital distributions [18] - MS's expected revenue and earnings growth rates for the next year are 4.1% and 5.8%, respectively, with a 0.1% improvement in the Zacks Consensus Estimate for next year's earnings over the last seven days [18] Group 6: Capital One Financial Corp. (COF) - Capital One's third-quarter 2025 results benefited from higher revenues, particularly from the Discover Financial acquisition, reshaping the credit card landscape [19] - Strong consumer loan demand is anticipated to support COF's net interest income, with solid credit card and online banking operations contributing to revenue growth [20] - COF's expected revenue and earnings growth rates for the next year are 18% and 6.2%, respectively, with a 2.5% improvement in the Zacks Consensus Estimate for next year's earnings over the last 30 days [20]

A new report from media firm CARMA has outlined how BYD’s communications strategy has contributed to its evolving global reputation, with implications for stakeholders in the motor finance and fleet sectors. The report, part of CARMA’s Driving Change series, reviewed over 6,500 articles across 500 outlets in 56 markets, alongside social media content from TikTok, Instagram, and YouTube. It found that BYD’s rise has been underpinned by “consistent storytelling” and a focus on innovation, particularly in m ...