Mining companies are going to great lengths to source the raw materials needed for electric vehicle batteries, even miles below the ocean’s surface. They are racing to tap into these seabed stockpiles, striking deals, developing mining processes and equipment and striving to be eco-friendly. Meanwhile, environmental groups want to slow the rush until more is
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A company extended into the next generation Aug. 1 when Mike Shannon sold Holiday Automotive in Fond du Lac, Wis., to his son, Michael Shannon Jr., according to Scott Mackie of buy-sell firm National Business Brokers. The younger Michael Shannon bought three franchised dealerships: Holiday Chevrolet-Buick-GMC-Cadillac, Holiday Mazda and Holiday Ford. A used-car store and
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7:28 AM ET Max Verstappen is refusing to talk to British F1 broadcaster Sky Sports at the Mexican Grand Prix following comments made by pundit Ted Kravitz. The reigning double world champion is unhappy at comments Kravitz made in his “Ted’s Notebook” show after the U.S. Grand Prix in Austin, when he referred to Lewis
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CHICAGO — It’s not the “great resignation.” The challenges in the U.S. labor market today can be better understood as the “great reassessment,” said Adam Robinson, CEO of Hireology, a recruitment technology company that works with auto dealerships. There is a broad rethinking happening about “what it means to have an employment relationship,” Robinson said
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BERLIN — Volkswagen Group reported third-quarter earnings of 4.3 billion euros ($4.29 billion), behind pre-pandemic levels, following 1.6 billion euros ($1.6 billion) in one-off charges from the suspension of Russian activities and its Porsche listing. The automaker cut its vehicle sales expectations for the year as chip availability remains scarce and logistics continue to pose
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