[ad_1] The electric-vehicle startup Fisker is abandoning a direct-to-consumer sales model in the U.S. in favor of using traditional dealerships, after it found the approach too expensive and struggled in…
Tag: ditches
Business Highlights: Fed’s Powell notes easing inflation; Walmart ditches Musk’s X
[ad_1] ___ Fed’s Powell notes inflation is easing but downplays discussion of interest rate cuts WASHINGTON (AP) — Inflation is slowing steadily, but it’s too early to declare victory or…
GameMaker ditches subscription model for indie developers
[ad_1] Starting today, GameMaker will be free to use for noncommercial, non-console projects, and the company is eliminating its indie / creator tier monthly subscription fee in favor of a…
Ørsted shares tumble after company ditches two US wind projects
[ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The world’s largest offshore wind developer Ørsted has abandoned…
Switzerland ditches neutrality to sanction Russia and Putin
[ad_1] Hong Kong(CNN Business) Switzerland, a major hub for storing wealth that is popular with Russian oligarchs, is breaking with its tradition of neutrality to sanction Russia. The Swiss government…
Aldermore ditches Co-operative Bank bid after parent’s CEO quits
[ad_1] Aldermore failed to submit an offer for the formerly mutually owned lender amid a management shake-up at its South African parent, Sky News understands. By Mark Kleinman, City editor…
US insurance giant ditches funeral policies in SA | Business
[ad_1] AIG Life South Africa, the local division of US insurance giant American International Group, Inc. (AIG), has discontinued its funeral policy product. Clients of AIG Life South Africa have…
Santander ditches EY as financial crime consultant
[ad_1] Spanish financial giant Santander has received a refund from EY, after a project involving the firm’s financial crime team allegedly went wrong. Reports from sources at the firm suggest…
Lego ditches oil-free brick in sustainability setback
[ad_1] Receive free Lego updates We’ll send you a myFT Daily Digest email rounding up the latest Lego news every morning. Lego has abandoned its highest-profile effort to ditch oil-based…