business

Bugatti CEO Mate Rimac Predicts a Return to Combustion Engines in Supercars Amidst Growing Demand for Customization

08/25/2026, 04:37 AM business growth auto
Bugatti's CEO, Mate Rimac, emphasizes a shift in the supercar market towards traditional combustion engines, as wealthy buyers increasingly favor handcrafted vehicles over high-tech electric models. This trend highlights a bifurcation in the automotive industry, with luxury brands focusing on exclusivity and personalization to attract affluent customers.
Comcast Charter Communications

Main Street Sports Files Lawsuits Against Comcast and Charter for Alleged Underpayment of Licensing Fees

Main Street Sports is suing Comcast and Charter Communications for allegedly underpaid licensing fees, claiming breach of contract during a period when its networks were broadcasting major sports events. This legal action highlights ongoing challenges faced by regional sports networks amid declining pay TV subscriptions.
Micron Alibaba Marvell Technology Nucor Sandisk Steel Dynamics Coinbase

Stocks to Watch: Alibaba Issues $10.2 Billion in New Shares, Marvell and Sandisk Decline, Nucor and Steel Dynamics Rise

Premarket trading saw significant movements, particularly for Alibaba, which is down 2% after announcing a $10.2 billion share issuance aimed at funding AI projects. Other notable declines were observed in the semiconductor and memory sectors, while steel manufacturers benefitted from trade tensions.