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Why EV Maker XPeng Stock Soared This Week

Key Points XPeng generated excitement among investors at its AI Day last week. The EV maker set a new monthly vehicle delivery record in October. XPeng is scheduled to provide its third-quarter update on Monday, Nov. 17. Chinese electric vehicle (EV) makerXPeng(NYSE: XPEV) has bucked the “risk off” trade this week, rising as much as…

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Project Vermont partners with Woodstock clothing brand to turn scraps into fashion | Business

Project Vermont partners with Woodstock clothing brand to turn scraps into fashion | Business

ST. ALBANS — A new collaboration is turning locally-made fabric scraps into one-of-a-kind fashion.  Lise-Anne Cooledge, founder of Project Vermont in St. Albans, is sewing tote bags for Warren, a new clothing brand based in Woodstock, Vt.  Launched at the end of October, the bags are made of leftover flannel from Warren’s shirts, keeping the…

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China must not be sold latest cutting-edge technology, former US commerce secretary says

China must not be sold latest cutting-edge technology, former US commerce secretary says

One of the architects of former US President Joe Biden’s tech export controls warned on Thursday that Washington needs better coordination with allies to deny China access to high-end chips and cutting-edge products, criticising a plan by US President Donald Trump’s administration to allow sales of certain Nvidia chips. Citing Beijing’s massive spending on efforts…

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