Innoviz wins $4 billion deal for Volkswagen lidar

In this illustration, the Innoviz Technologies logo is displayed on a smartphone. Rafael Henrique | SOPA pictures | Lightrocket | Getty Images Israeli lidar maker Innoviz announced Tuesday that it has won a contract to supply lidar modules and related software for autonomous driving to a unit of Volkswagen, in a deal worth $4 billion … Read more

Norman says Tiger Woods turned down Saudi Arabia’s $700-800 million offer

Tiger Woods turned down an offer that Greg Norman says was “somewhere in the neighborhood” of $700 million to $800 million to join the Saudi-sponsored LIV Golf Tour. In an appearance on Fox News with Tucker Carlson that aired Monday night, Norman confirmed what he told the Washington Post in a story two months ago. … Read more

UN chief warns world is one step away from ‘nuclear annihilation’

UNITED NATIONS (AP) – The United Nations chief warned Monday that “humanity is just one mistake, one mistake away from nuclear annihilation,” referring to the war in Ukraine, nuclear threats in Asia and the Middle East and many other factors. Secretary-General Antonio Guterres issued the dire warning at the opening of a long-delayed summit to … Read more

Jobs report will make or break July’s rally

CNBC’s Jim Cramer said Monday that the most important data this week will be the release of the Labor Department’s July nonfarm payrolls report on Friday morning. “If it shows some employment growth without wage inflation, then the spectacular July surge can hold. But if it shows a hiring boom with exceptionally large wage increases, … Read more

OSHA fines Family Dollar $1.2 million for violations at 2 Ohio stores

A vehicle drives through the parking lot outside a Family Dollar Stores Inc. store. in Chicago, Illinois, on Tuesday, March 3, 2020. Daniel Acker Bloomberg | Getty Images Federal regulators have fined Family Dollar more than $1.2 million in penalties related to safety violations at two Ohio stores, the Bureau of Labor Statistics said Monday. … Read more

Browns QB Watson served 6-game suspension, NFL weighs appeal

Cleveland Browns quarterback Deshaun Watson was suspended for six games on Monday after being accused by two dozen women in Texas of sexually assaulting him during massage treatments, in what a disciplinary judge said was behavior “more brutal than any time the NFL has seen it.” looked at. The punishment handed down by the game’s … Read more

Electric car tax credit: How electric car owners could reap the benefits of the Inflation Reduction Act

UJ Alexander / iStock.com Electric vehicle (EV) owners could reap the benefits of the impressive deal on climate change and health care that Senator Joe Manchin and Senate Majority Leader Chuck Schumer struck last week to fight inflation – the Inflation Relief Act of 2022. Small Business Spotlight 2022: GOBankingRates celebrates America’s small businessesSee: 7 … Read more

5 things to know before the stock market opens on Monday

Here are the most important news investors need to start their trading day: 1. Stock futures are lower to begin trading in August A trader works on the floor of the New York Stock Exchange (NYSE), July 27, 2022. Brendan McDermid | Reuters Stock futures are lower on Monday, as Wall Street begins the new … Read more