A new group bought its first dealership, another expanded to four stores in Oklahoma, a Michigan dealer acquired a Ford location, and a group on top 150 dealerships bought two stores in New York.
The Department of Energy on Friday said it plans to loan $362 million to help California wiring components startup CelLink open a new factory in Texas, where it plans to build advanced wiring harnesses for EVs.
By BARBARA ORTUTAY, MATT O’BRIEN and WYATTE GRANTHAM-PHILIPS | AP Technology Writers
Elon Musk confirmed that the new CEO for Twitter will be NBCUniversal’s Linda Yaccarino, an executive with deep ties to the advertising industry.
“I am excited to welcome Linda Yaccarino as the new CEO of Twitter!” Musk wrote in a Friday tweet. He added that Yaccarino “will focus primarily on business operations” while Musk will stay closely connected to product design and new technology.
Before that announcement, NBCUniversal said Friday that Yaccarino would step down immediately as chairwoman for global advertising and partnerships.
Musk, who bought Twitter last fall and has been running it since, has long insisted that he would step down as top executive at the company, which is now called X Corp.
Few expect Musk to remove himself from the decision making process at Twitter, however.
“While he’s stepping back from the CEO title, Musk is far from likely to step back from calling the product shots,” said Mike Proulx, research director at Forrester Research.
State officials will not take over Space Mountain or other Disney World ride inspections soon, despite Gov. Ron DeSantis saying it would happen.
State lawmakers in the session that ended May 5 did not consider a bill for the Florida Department of Agriculture and Consumer Services to assume responsibility for Disney World’s ride inspections after DeSantis proposed doing that in mid-April amid his feud with the company over Florida’s so-called “don’t say gay” law.
Agriculture Commissioner Wilton Simpson appeared to support the idea at the time, but a spokesman for his office said this week that was not the case.
Brian Avery, an independent ride safety consultant, said Disney’s lawsuit against the governor and state filed the following week alleging political retaliation was a likely cause.
“I’m certain that the legal wrangling that is going on has possibly put some things in a full stop, or maybe a pause until they can regroup and maybe pick this up at a later date,” Avery said.
Volkswagen Group of America’s CEO says the company is looking hard at adding a plug-in hybrid to the VW lineup as interim step to a full EV lineup. Such a move would borrow technology from Audi.