A Silicon Valley-based crypto startup, Energy Substantiation, has launched WTIC, a blockchain token designed to represent one barrel of West Texas Intermediate (WTI) crude oil, enabling retail investors to own and trade physical oil 24/7. The token mirrors the structure…
A truck driver has been jailed in Indiana after allegedly stealing a $2.85 million shipment of tungsten oxide powder bound for Mitsubishi Materials Corp. in Japan. Deepak Kumar, 31, was arrested on June 27 while driving a 40,000-pound cargo along…
The BMW iX3 and Zeekr 7GT have become the first two vehicles to earn five-star safety ratings under Euro NCAP’s overhauled testing procedures. The BMW iX3 earned a 73 percent rating in the Safe Driving stage, with its driver-monitoring system…
Global shipping through the Strait of Hormuz ground to a near halt on July 9, 2026, after the U.S. launched a second consecutive day of strikes on Iran, shattering a fragile truce and forcing vessels to abandon the critical energy…
Porsche’s global deliveries crashed 16% in the first half of 2026, with just 122,306 cars finding new homes compared to 146,391 in the same period last year. The German brand’s fortunes took a nosedive across most regions and models, but…
PepsiCo’s North American snack business stumbled in the second quarter of 2026, with revenue in the region falling 2% despite aggressive price cuts of up to 15% on some brands. The company blamed surging gas prices for the slowdown, noting…
Volkswagen’s labor leaders, spearheaded by Works Council Chair Daniela Cavallo, are pushing back against proposed deep cost cuts that include doubling planned job reductions to 100,000 and shuttering four German plants. The dispute erupted during a pivotal supervisory board meeting…
The National Highway Traffic Safety Administration (NHTSA) is considering eliminating the requirement for steering wheels in vehicles designed to operate without human drivers. This potential rule change could benefit companies like Tesla, which is developing purpose-built autonomous vehicles, including the…
China’s BYD has just unveiled the Denza Z, an electric supercar that smashes into the segment with up to 1,971 horsepower, a tri-motor all-wheel-drive powertrain, and acceleration that obliterates the 0–62 mph barrier in as little as 1.7 seconds. The…
The 2004 Volvo V70R is a rare model with a six-speed manual transmission, shifted via a unique ‘space ball’ stick. This ‘enthusiast-owned’ car has been well-maintained and features a number of updates, including a high-pressure turbocharged five-cylinder engine and Haldex-imbued…