Hyundai and Kia settle lawsuit over vehicle thefts for $200 million
Hyundai and Kia agreed to pay more than $200 million to owners of about 9 million vehicles that lack a crucial anti-theft device as part of a class-action lawsuit.
Negotiations resume at battery, aluminum parts plants struck by UAW
At a Constellium aluminum components plant near Detroit, negotiations resumed after workers began striking Wednesday. At a Clarios battery plant in suburban Toledo, both sides are optimistic about reaching a deal.
SpaceX set for overnight Starlink launch with crewed Axiom mission on tap for Sunday
SpaceX is set to send up its third middle-of-the-night launch from the Space Coast in two weeks with a planned Starlink mission from Cape Canaveral Space Force Station early Friday while also gearing up for the crewed Axiom Space mission from Kennedy Space Center on Sunday.
First up after midnight is a Falcon 9 carrying 22 of its second-generation Starlink satellites that is slated to lift off from Canaveral’s Space Launch Complex 40 at 12:41 a.m. with backup options at 1:31 a.m., 2:19 a.m. and 3:09 a.m. as well as options early Saturday.
Space Launch Delta 45’s weather squadron give only a 40% chance of good weather at the opening of the launch window, but improving to 60% by the end. A delay to early Saturday would see those chances improve slightly with 60% for the early part of the window but up to 70% by the end.
The first-stage booster for this flight is making its fifth launch with SpaceX once again attempting its recovery on its droneship A Shortfall of Gravitas down range in the Atlantic Ocean.
Disney cancels $1 billion Orlando campus amid DeSantis fight
Amid its political feud with Gov. Ron DeSantis, Disney is dropping plans to build a nearly $1 billion corporate campus in Orlando’s Lake Nona neighborhood that would have brought 2,000 high-paying jobs to Central Florida.
In 2021, Disney paid $46.4 million for 58 acres that it planned to turn into a complex for its creative team, Imagineering, and other jobs. The average salary of the positions was cited as $120,000.
But in a memo to employees Thursday, Disney Parks Chairman Josh D’Amaro attributed the project’s cancellation to “changing business conditions,” without mentioning The Walt Disney Co.’s escalating battle with the governor.
“Given the considerable changes that have occurred since the announcement of this project, including new leadership and changing business conditions, we have decided not to move forward with construction of the campus. This was not an easy decision to make, but I believe it is the right one,” his message read.
D’Amaro said he has “hope” the company’s plans to invest $17 billion in Florida over the next 10 years, including the addition of around 13,000 jobs, would still happen. Disney currently employs more than 75,000 people in the state.
Former Cadillac marketing executive steps up to CMO at Mercedes-Benz USA
Lee is one of three senior hires announced by MBUSA at the company’s annual dealer meeting on Thursday.