Nearly 80% of new EVs registered in the U.S. last year were Tesla vehicles, according IHS. Tesla-effectMany credit Tesla for the change in conversation around EVs as performance vehicles. The new Tesla model, depending on testing, competes or beats acceleration and 0-60 times of some of the most expensive supercars in the world. Visitors look at a Tesla Model 3 during a press preview of the Seoul Motor Show in Goyang, northwest of Seoul, on March 28, 2019. The expected Mach E name is a play on t

Described by some as the “Uber of trucking,” Convoy uses a digital platform to match trucking companies, truck drivers and shippers. With truck drivers collectively racking up 93 billion highway miles in the U.S. every year, 40% of the trips are made with empty trailers. However, the market is mostly made up of small trucking companies, with 91% of companies having six trucks or fewer. Convoy uses data-driven software to match big customers, like GE and Home Depot, with small truck companies. “T

President Donald Trump claimed Wednesday that he’s just “too busy” to watch the first day of televised impeachment hearings in the House of Representatives — but he kept tweeting about it. “I’m too busy to watch it,” Trump told reporters when asked about the hearing in the Oval Office, where he welcomed Turkish President Recep Tayyip Erdogan. After the proceedings began he switched to retweeting his allies who found fault with the hearing. “He is in the Oval Office in meetings,” Grisham said. Gr

Higher-end buyers have more to choose from and less reason to get involved in a bidding war and overpay. “Although the number of homes for sale is dwindling and prices are rising, homebuyers don’t yet feel the pressure to engage in bidding wars,” said Daryl Fairweather, Redfin’s chief economist. All real estate is, of course, local: Miami, Atlanta, Las Vegas and Chicago are seeing less than 10% of their properties go into bidding wars, while other markets are much hotter. Los Angeles, Philadelph

President Donald Trump delivers remarks on supporting the passage of the U.S.-Mexico-Canada (USMCA) trade deal during a visit to Derco Aerospace Inc., a Lockheed Martin subsidiary, in Milwaukee, Wisconsin, July 12, 2019. As President Donald Trump’s North American trade deal crawls toward approval, supporters are increasing their pressure on Congress to ratify it. House Speaker Nancy Pelosi has said Democrats have inched closer to supporting the deal. They have worked to iron out lingering concer

Ryan Lochte knows what it feels like to be on top: The American swimmer won his first Olympic gold medal at the 2004 Games in Athens when he was 20. Between 2004 and 2016, he collected a total of 12 Olympic medals, making him one of the world’s most decorated swimmers, and earned millions along the way. Two years later, Lochte was suspended again by the U.S. Anti-Doping Agency for receiving an intravenous vitamin B-12 infusion. Lochte says he went from making “well over $1 million” a year to ear

The first thing that Parton does when she wakes up is meditate and “do my little spiritual work,” Parton said on NBC’s “TODAY” show in November 2018. “[I’d] like to think there’s more money to be made than the money I’ve been making,” Parton told Walters. “I always felt that I was worth something, and I still do,” Parton told Roberts in the ABC News documentary. But of course, “it’s not all about the money,” Parton told Roberts. “I count my blessings more than I count my money, but I need to cou

DoorDash, the food delivery start-up backed by SoftBank, is raising a new round of funding that values the company at close to $13 billion, according to a Bloomberg report. The financing, pegged at $100 million, includes investments from T. Rowe Price, and is said to be an extension of DoorDash’s most recent $600 million funding round, which was announced in May and valued the company at $12.6 billion. SoftBank led a $535 million investment in DoorDash in early 2018, lifting the company’s valuat

Sundar Pichai, chief executive officer at Google LLC, speaks during the Google Cloud Next ’19 event in San Francisco, California, U.S., on Tuesday, April 9, 2019. Google is getting into banking — but not with the same motivations as Wall Street. Amazon has 54% of U.S. product searches online, compared to Google’s 46% market share, according to recent research from Jumpshot. CB Insights senior intelligence analyst Arieh Levi pointed to Google’s plan plan to brand the checking accounts under the n

GitHub, the code collaboration company that Microsoft purchased last year for $7.5 billion, has operated for 11 years without an iPhone app, preferring to keep its service in the browser. On Tuesday, GitHub said it’s rolling out a beta iOS app, giving iPhone and iPad users another way to share code, just as parent company Microsoft is cozying up to Apple and other longtime rivals. Earlier this year, Microsoft said that anyone using its Windows 10 mobile platform should switch to an iPhone or And

Harry Shum, executive vice president of artificial intelligence and research at Microsoft Corp., speaks during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Wednesday, May 10, 2017. Microsoft said on Wednesday that Harry Shum, the executive vice president in charge of its artificial intelligence and research group, is leaving the company in early 2020. I want to thank him for his leadership and partnership, and for all he has done for Microsoft,” Nadella said in a st

Thomas Kurian, CEO of Google Cloud and formerly president of product development at Oracle, speaks at the Oracle OpenWorld conference in San Francisco on Oct. 3, 2017. Google Cloud, which aims to compete with Amazon and Microsoft, has the potential to pick up some of the slack despite trailing well behind the two industry leaders. Health care is a particularly attractive sector, as there are still large accounts to be won. But being unable to address privacy concerns could sink these ambitions,

Here’s the impact Hong Kong protests are having on businessShibani Mahtani, Washington Post Hong Kong correspondent, joins ‘The Exchange’ to discuss the impact businesses are seeing from the Hong Kong protests.

Hong Kong clashes intensify as riot police arrest more and more protesters3 Hours AgoHong Kong police are arresting more protesters as the city braces for more violence. Protesters set up in the shopping district for a third straight day after police fired tear gas on two university campuses just hours earlier. It was some of the worst violence to rock Hong Kong in recent months. Police have arrested more than 3,500 people since the movement began in June 2019.

Canada Goose — Shares of Canada Goose plummeted more than 10% after the outerwear maker issued warnings about its lower wholesale revenue. The company said revenue from its wholesale business in the third quarter will take a hit due to early shipments to department stores. Energizer reported earnings of 93 cents per share on revenue of $719 million. Wall Street analysts were expecting earnings of 81 cents per share on revenue of $712.8 million, according to Refinitiv. Luckin Coffee — Shares of L

A quick reversal in the bond market shows how easily investors can be spooked by doubts about a trade deal, and what it might mean if one does not materialize. By Wednesday morning, the 10-year yield had fallen to 1.86%, six basis points lower than Tuesday’s close of 1.92%. Goldman Sachs strategists see scope for a higher 10-year yield but how high depends on the type of trade deal. There supposedly is a phase on trade deal coming. It does run the risk of a boy who cried wolf dynamic, if you con

Lost in the news that Google will offer a checking account next year is the implication it has for one of the fiercest rivalries in the tech world. Google signed a deal last month with Citigroup to develop a checking account that will be linked to Google Pay as early as next year, according to a source with knowledge of the discussions. While the starting points are different, both are new consumer finance products linked to digital wallets embedded in respective Apple or Android phones. Whether

Mario Tama | Getty ImagesPresident Trump announced a month ago that his administration had clinched a trade deal with China. The only way to shovel away the pile of broken promises and contradictory comments is to analyze the flow of maritime trade. ​The impact of this trade war and the opportunities lost by American businesses both large and small can not only be tracked by the public earnings reports, but through American exports. Dropping export volumeFor a perspective on the losses, look no

The company said it removed more than 3.2 billion fake accounts between April and September, compared to more than 1.5 billion during the same period last year. The company also said it removed 11.4 million pieces of hate speech, compared to 5.4 million in the same six-month period in 2018. Between April and September, Facebook said it removed more than 1.6 million pieces of suicide and self-injury content on Instagram. On the core Facebook app, the company removed more than 4.5 million pieces o

Senator Kamala Harris, a Democrat from California and 2020 presidential candidate, speaks during an event on the sidelines of the Iowa Democratic Party Liberty & Justice Dinner in Des Moines, Iowa, U.S., on Friday, Nov. 1, 2019. Sen. Kamala Harris has told supporters that her campaign plans a spending blitz on a digital outreach effort as she puts most of her resources into Iowa, home of the first nominating contest of the 2020 Democratic presidential primary. The new strategy comes after Harris