“Nobody feels the pressure more than Mercedes to be innovation leaders here,” Merkt said. “They’ve got to push it out or they’re no longer Mercedes.”

Under the new rules, vapes will be sold only in pharmacies and require “pharmaceutical-type” packaging.

Sachin Dev Duggal, CEO of Builder.ai, said we’ve only just begun to see what’s possible with AI and that the space is in need of a reality check.

Artificial Intelligence will impact all parts of our lives — including money. Here’s what experts think could happen and what you need to know.

The Reserve Bank of Australia hiked 25 basis points to 3.85% as economists polled by Reuters expected it to pause for a second consecutive time.

The last WGA strike, in 2007 and 2008, lasted 100 days. The action cost the California economy an estimated $2.1 billion.

The International Monetary Fund said Asia-Pacific growth will primarily be driven by China’s recovery and “resilient” growth in India as the rest of the world braces for slowed growth.

Germany has closed the last of its nuclear reactors, ending the country’s use of nuclear energy. Just weeks before the closure, the UK government announced the launch of its Great British Nuclear plan, which aims to increase the share of nuclear energy as part of the country’s energy mix.

Mark Mahaney of Evercore ISI says his top pick has a “super attractive” valuation.

The Biden administration will end Covid vaccine mandates for federal employees, contractors and air travelers on May 11.