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Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Tech to Buy Rugged Tablet Maker Xplore for USD 90 Million Cash

Zebra Technologies (NASDAQ: ZBRA), known for its barcode and printing technology, is advancing its devices with its USD 90 Million acquisition of Xplore Technologies, a rugged tablet and hardware manufacturer.Zebra said it will be paying USD 6 per s..

Tesla to Build a Plant in China

Tesla to Build a Plant in China

Tesla Inc. (NASDAQ: TSLA) shares rose on Tuesday after Bloomberg reported that the electric car maker reached a preliminary agreement with the Shanghai government to build an assembly plant.According to Bloomberg, the plant is expected to have the c..

Nissan Admits to Emission Test Scandal

Nissan Admits to Emission Test Scandal

Japanese automobile manufacturer, Nissan (TYO: 7201) announced Monday that it had altered the results of exhaust emissions and fuel economy tests of new vehicles sold in Japan and created inspection reports on altered measurement values. The sc..

Uber to pay drivers for switching to electric cars

Uber to pay drivers for switching to electric cars

Uber, one of the biggest ride hailing apps in the U.S., announced on Tuesday its new pilot program to get drivers to switch over to the more environmentally friendly, electric cars. The pilot program, called EV Champions Initiative, plans to deliver..

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm sues Xerox for well over $1 billion after aborted merger

Fujifilm Holdings Corp. sued Xerox Corp (NYSE: XRX) for over $1 billion, blaming the company for giving in to pressure from activist investors, Carl Icahn and Darwin Deason, for ending a planned merger. According to a complaint filed with the U.S. D..

Rolls-Royce can Face Thousands of Job Cuts

Rolls-Royce can Face Thousands of Job Cuts

Rolls-Royce Holdings PLC’s engine-durability problems worsened after the company found new issues that will require extra repair shop visits on a further lot of turbines that power Boeing Co.’s 787 Dream liner.The newly discovered glitch..

Honda to Source advanced Electric Car Batteries from GM in North America

Honda to Source advanced Electric Car Batteries from GM in North America

General Motors Company (NYSE: GM), in a press release, has announced an agreement with Honda for new advanced chemistry battery components, including the cell and module, to facilitate both companies’ plans for all-electric vehicles. They clai..