Canoo to buy vehicle manufacturing facility in Oklahoma City

Commercial electric vehicle company Canoo entered into an agreement to acquire a vehicle manufacturing facility in Oklahoma City, the company announced Wednesday along with its third-quarter earnings. The news comes a week after Canoo said it would build an EV battery module manufacturing facility in Pryor, Oklahoma. The new facility will be dedicated to producing …

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Meta decimates its staff as the social media giant lays off 11,000

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Whooo-weee interesting times for crypto land, as Bitcoin crashes down to under $17,000 for the first time in a while. Wild, given that the cryptocurrency was trading at $65,000 or so a …

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Worst of inflation may be behind us, RBI staff say in July 2022 Bulletin

The pace of rise in prices in India is on the back foot and the “worst of inflation may be behind us”, Reserve Bank of India (RBI) staff wrote in the July 2022 edition of the central bank’s Bulletin. “For the second month in a row in June, headline CPI inflation eased in India, according …

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