BMW's electric iX3 SUV marks a shift in direction for the German automaker

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BMW's electric iX3 SUV marks a shift in direction for the German automaker

Among a flurry of new all-electric vehicles coming to market in the coming months, BMW will introduce its first long-range model, the iX3, in Europe and China next year — and it marks a shift in strategy for the German automaker. BMW was an early proponent …
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US third-quarter growth unrevised at 2.1%

WASHINGTON (Reuters) – U.S. economic growth nudged up in the third quarter, the government confirmed on Friday, and there are signs the economy more or less maintained the moderate pace of expansion as the year ended, supported by a strong labor …
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PG&E CEO promises 'shorter, fewer' shut-offs continuing for the next 5 years

Pacific Gas & Electric (PG&E) Corp. estimates its utility will “largely eliminate” wildfire-related safety shut-offs in five years, President and CEO Bill Johnson told members of the U.S. Senate Committee on Energy and Natural Resources on Thursday. Johnson …
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Budget watchdog cautions Morneau against potentially 'cynical' accounting changes as Liberals …

OTTAWA — Canada's budget watchdog is cautioning Bill Morneau against potentially “cynical” accounting changes as the finance minister seeks to
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US Steel to lay off workers, slash dividend and stop stock buybacks

United States Steel Corp. (NYSE: X) announced Thursday plans to indefinitely idle a large segment of its Great Lakes Works facility near Detroit, as well as shifted its fourth quarter expectations, according to a news release. The process will result in layoffs, …
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