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Transportation Weekly: Polestar CEO speaks, Tesla terminology, and a tribute
Welcome back to Transportation Weekly; I’m your host Kirsten Korosec, senior transportation reporter at TechCrunch . This is the fourth edition of our newsletter, a weekly jaunt into the wonderful world of transportation and how we (and our packages) move. This week we chat with Polestar CEO Thomas Ingenlath, dig into Lyft’s S-1, take note […]
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Walmart Remains in Buying Mode to Fight Amazon, Executive Says
Retailer wants to buy more brands to boost online sales Jet will focus on urban millennials; Walmart on the heartland
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The Fall of a Chinese Tesla Killer Threatens a California Towns Electric Dream
The black SUV that pulled up to an abandoned tire factory in Hanford, California, three years ago was supposed to transport the farm town into the future. A group led by former Tesla Inc. executives brought a bundle of gutsy ideas from their new employer, Chinese tycoon Jia Yueting, who vowed to revive the 1 million-square-foot building and […]
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Wynn Steps Down as CEO of Wynn Resorts After Sex Allegations
Steve Wynn, the casino billionaire credited with shifting the industry’s focus from gambling to all-around entertainment, stepped down as chief executive officer and chairman of Wynn Resorts Ltd. after being embroiled in a sexual harassment scandal. The board “reluctantly” accepted Wynn’s resignation, the company said in a statement. Wynn Resorts appointed Matt Maddox, currently president, […]