Markets

Tesla’s Cybercab launch catches the eye of US auto safety regulator

Tesla’s Cybercab launch catches the eye of US auto safety regulator

Markets—

Tesla’s Cybercab is live in Austin. Now, regulators in Washington are asking to check the EV-maker’s homework. The National Highway Traffic Safety Administration, or NHTSA, opened an audit inquiry late Thursday into Tesla’s Cybercab certification. The move came hours after Tesla’s commercial…

Campbell’s cuts 13% of salaried workforce and closes snack plants

Campbell’s cuts 13% of salaried workforce and closes snack plants

Markets—

Campbell’s said it has cut 13% of its salaried workforce and closed two snack plants in an effort to improve its operations and return to profitability. “Make no mistake, our results remain unacceptable,” CEO Mick Beekhuizen said. “But instead of waiting for the environment to improve around us, we…