Business

Your Future Truck or SUV May Have a Ford-Toyota Hybrid Drivetrain

What’s your chief gripe about trucks and sport utility vehicles? Okay, after the part where their engines sound like a washing machine played through a distortion pedal. Right: fuel efficiency. The solution? Buy hybrid (if you can swallow the premium price, that is) where you’ll average, if not impressively, somewhere in the low 20s as …

Why HP Is Getting Out of the Consumer Game

Hewlett Packard has abruptly announced that it’s getting out of the smartphone and tablet game, a little over a month after it launched its TouchPad tablet and around two years after it ponied up almost $2 billion to buy Palm for its mobile “WebOS” software. Speculation about such a decision has been brewing in recent months, though HP …

Those Chinese Apple Store Knockoffs? China Says It Found 22 More

The hits (and trademark misses) just keep coming out of China, whose authorities now say they’ve uncovered a whopping 22 fake Apple stores—and that’s just in the city of Kunming, where this strange, sordid tale of Apple retail ne’er do wells started.

According to Xinhua News Agency, China’s official press agency, the country’s …

Apple Passes Exxon as Most Valuable Company in the World (Updated)

It finally happened: Apple Inc. has passed Exxon Mobil Corp. to become the most valuable publicly traded company in the world.

Though both companies saw their stocks plummet due to market fears, Exxon Mobil’s dive was harder, while Apple seems to be rebounding (but not by much). The oil giant and former “most valuable company in the …

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