For years, the Chinese auto industry has employed a hostile price war to kneecap global competitors. Armed with massive state subsidies, cheap raw materials, and an aggressive "scale-first" business model, Chinese automakers flooded the market with electric vehicles priced so low that legacy manufacturers stood no chance to compete. How did they do it? Simple, they couldn't. They did it anyway. Reports from CarNewsChina show that Chinese automakers have been selling vehicles at a loss until a recent law passed by the Chinese government banned below-cost sales of new vehicles. read more
Finland has passed laws which lift a ban on nuclear weapons as it faces increased security concerns from Russia. read more
Just hours before "UFC Freedom 250" goes down at The White House, the event has been hit by a potential scandal involving UFC Hall of Famer Daniel Cormier and Eric Trump. read more
The shake-up of cradle-to-grave care is lowering government spending, spurring innovation and stirring fears about those left behind read more
Allbirds made a surprising announcement Wednesday that it is pivoting from shoes to artificial intelligence. read more
or start building a caisson..