MILAN— Ferrari RACE 0.68% NV said a new larger, taller model similar to a sport-utility vehicle will be unveiled this fall and confirmed plans to release its first fully electric car in 2025, promising in its first long-term strategy presentation in years that it would continue to make cars that stand out as the industry embraces … Read more
HONG KONG— Foxconn Technology Group, the biggest assembler of Apple Inc. iPhones, said its factories in the Chinese manufacturing hub of Shenzhen were again running at full capacity Monday after the city wrapped up Covid-19 tests on all its 17 million residents. But while Shenzhen returned to business as usual, more new cases in Jilin, … Read more
As the American electric grid becomes less dependable, a growing number of businesses and homeowners are buying their own power systems to protect themselves from being left in the dark. Twenty years ago, only 0.57% of U.S. homes worth $150,000 or more had installed backup generators, mainly along hurricane-prone coastlines, according to backup-power provider Generac … Read more
The second Super Bowl of the Covid-19 pandemic on Sunday will feature a variety of first-time advertisers, including a slew of financial technology and cryptocurrency players, plus the return of travel ads. The game, which airs Sunday on NBC, will include more than a dozen first-time Super Bowl advertisers, including shopping-rewards platform Rakuten Rewards, children’s … Read more