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News
U.S. diesel prices are now 60% higher than they were before the Iran war, with one Trump voter paying twice as much to fuel his farm equipment
22+ hour, 21+ min ago (412+ words) The price of diesel is hitting record highs just when many U.S. farmers need it to power combines, tractors and other equipment to harvest two of the nation’s largest commodities, soybeans and corn. The spike adds to an already tough year…...
$9.999 and maxed out: California diesel prices overwhelm pump displays as global supply crunch worsens
2+ day, 23+ hour ago (454+ words) As U.S. prices for diesel fuel surge to all-time highs, some California pumps literally can’t price their diesel any higher—maxing out the display at $9.999 per gallon. Fuel-tracking firm GasBuddy reported Thursday that a small handful of California fueling stations hiked…...
GM CEO wants you to buy self-driving cars and drive EVs in the AI future
3+ day, 14+ hour ago (1846+ words) The automaker’s longest-serving CEO of the modern era has led one of the industry’s most consequential corporate reinventions. She told Fortune that she still has “more to give.” In a new episode of Fortune 500: Titans and Disruptors of Industry, Fortune’s…...
'We worry now': Oil tops $100, diesel hits record highs amid Iran war escalation
3+ day, 14+ hour ago (645+ words) Pockets of fuel shortages worldwide, continuing price spikes, and rising inflationary pressure are now more imminent amid the ongoing Iran war escalation and the continuing decline of global energy supplies, analysts said. “The conflict has entered a new stage,” said…...
Oil surges back above $100 a barrel as diesel climbs to a record $5.94 per gallon
4+ day, 4+ hour ago (513+ words) The price of oil surpassed $100 a barrel for the first time since July after attacks on oil facilities and ships in the Middle East threatened to debilitate an already weakened supply chain. Brent crude, the international standard, jumped nearly 3% to…...
GM CEO Mary Barra is unfazed by the electric slowdown: 'We still think EVs are the end game"
4+ day, 12+ hour ago (380+ words) The mantra that Barra returned to again and again in our interview was choice. She invoked the goal of the legendary GM CEO Alfred P. Sloan: to reach “a lot of pocketbooks.” It’s an idea that feels newly relevant in an…...
Pony.ai???s CEO thinks robotaxis will be widespread within five years:???The technology problem is pretty much already solved???
5+ day, 5+ hour ago (454+ words) Robotaxis will be a common sight on the world’s streets within five years, predicted James Peng, founder and CEO of the Chinese autonomous driving firm Pony.ai. “I think the technology problem is pretty much already solved,” he said at…...
Fortune Tech: Tesla Cybercab probe, OpenAI disclosure drama, CTO pay raise
5+ day, 12+ hour ago (989+ words) Good morning. Thoughts and prayers to the families of those who lost their lives on Sunday when an Amazon Air cargo plane overran the runway in Miami. It’s a sobering reminder that all that one-tap, next-day e-commerce we love so…...
Trump sets unwanted Labor Day record with gas price at $4.14 mark
6+ day, 4+ hour ago (578+ words) It’s never been more expensive in the U.S. to fill up the tank and take one last summer trip over the Labor Day weekend. The average price of regular gas was $4.14 a gallon heading into the holiday, nearly a dollar…...
'A Storm of Cybercabs': Musk launches steering-wheel-free taxis even as 70% of Americans say they???re uncomfortable with driverless cars
1+ week, 2+ day ago (597+ words) Elon Musk sent dozens of self-driving Cybercabs without steering wheels or brake pedals onto the streets of Austin, Texas, on Thursday, betting that Americans will overcome their fears of rides with “no control” and hop inside. The rollout of the…...