Faraday Future replaces former BMW exec Breitfeld as CEO
Faraday’s directors voted to remove Breitfeld and replace him with Xuefeng Chen, who currently leads the automaker’s China division.
Toyota exceeds target as Oct. global production rises 23%
Toyota continues to face supply chain disruptions as China battles COVID-19 outbreaks and implements restrictions and lockdowns.
President Biden calls on Congress to stop a potential railroad strike
President Joe Biden on Monday called on Congress to pass legislation to intervene and block a railroad strike before next month’s deadline in the stalled contract talks.
Halfway done: Orion reaches farthest distance from Earth on Artemis I mission
NASA officials said the Orion spacecraft traveled to its farthest distance from Earth on Monday, two days after breaking a record set by Apollo 13.
Disney going forward with hiring freeze, CEO Iger says in town hall
The Walt Disney Co. still plans to go forward with plans for a hiring freeze announced by former CEO Bob Chapek shortly before he was ousted from the company last week, current CEO Bob Iger said Monday.