EV Sports

2/25/24 7:00PM

EV sports‍

BYD, the company that’s been supercharging the electric vehicle industry in recent years with its low-cost cars and soaring sales/production figures, has unveiled its most expensive model yet: a $233k fully-electric supercar to rival “gas-guzzling options” from established brands like Ferrari and Lamborghini.

The Buffett-backed Chinese carmaker has started taking orders on the Yangwang U9 after launching the supercar at an event in Shanghai yesterday, reportedly hailing the new vehicle as “the beginning of a new era when fully electric supercars become a choice”.

It’s been a busy few years for BYD, having dethroned VW as China’s leading car company in April and unseated Tesla from atop the global EV sales chart in the final quarter of the year, as the company continues its meteoric rise.

Claire Yubin Oh

soup season

Shake Shack is launching a French onion soup... burger

The fast-casual chain will be hoping premium upsells can fatten up its profit margins.

Nia Warfield

20h

Paramount Skydance reportedly preparing an Ellison-backed Warner Bros. Discovery takeover bid, sending shares soaring

Paramount Skydance is preparing a majority cash bid for Warner Bros. Discovery, The Wall Street Journal reported, sending shares of both companies surging. The Journal’s sources say the deal is backed by the Ellison family, led by David Ellison.

WBD shares were up 30% on the report, while Paramount Skydance jumped 8%.

The offer would cover WBD’s entire business — cable networks, movie studios, the whole enchilada. That comes after WBD announced plans last year to split into two divisions: one for streaming and studios, the other for its traditional cable and TV assets. A recent Wells Fargo note gave WBD a price target hike, primarily because the analysts viewed it as a prime takeover candidate.

If the deal goes through, it would bring together HBO, CNN, DC Studios, and Warner Bros.’ film library with Paramount+, Nickelodeon, and MTV, all under one umbrella.

Exclusive | Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery

If the deal goes through, it would bring together HBO, CNN, DC Studios, and Warner Bros.’ film library with Paramount+, Nickelodeon, and MTV, all under one umbrella.

Max Knoblauch

9/10/25

As tariffs take root, August new vehicle prices climb by the most in more than 2 years

According to data from Cox Automotive, 17 vehicle brands raised prices of their new vehicles by more than 3% in August.

Ford Issues Recalls On Some Of Its Mach-E Mustangs And Aviators

Nia Warfield

9/10/25

Netflix taps Amazon to sell streaming ads in new partnership

Starting this fall, brands will be able to access Netflix’s premium ad slots using Amazon’s buying tech.

Millie Giles

WITHDRAWALS

9/10/25

Bank branches are still closing at breakneck speed in the US

Institutions like Chase and Wells Fargo closed 76 locations in just six weeks over the summer, per the OCC.

Indianapolis - March 2016: Chase Bank III

EV Sports

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Paramount Skydance reportedly preparing an Ellison-backed Warner Bros. Discovery takeover bid, sending shares soaring

Exclusive | Paramount Skydance Prepares Ellison-Backed Bid for Warner Bros. Discovery

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