Cheddar morning business update 9/12: Mercedes-Benz plans electric versions of all its cars by 2020

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  • Lawmakers are demanding answers from Equifax about a massive breach that exposed the social security numbers and other personal info of roughly 143 million Americans. They also want to know if U.S. government agency records were compromised in the hack.
  • Mercedes-Benz says it will offer electric versions of all its cars by 2022. The company also plans to turn its popular city SmartCar into a fully electric line by 2020. Volvo also recently announced that all of its cars will be electric within two years. 
  • Nordstrom is opening a line of new, smaller stores that won’t sell clothing or other items. Instead, it will offer services like manicures and tailoring and also personal stylists. The first Nordstrom Local store opens next month in Los Angeles. 
  • BusinessMore>>

  • Studies show groundwater holding own against drilling boom

    Studies show groundwater holding own against drilling boom

    Monday, June 18 2018 4:20 PM EDT2018-06-18 20:20:36 GMT
    Monday, June 18 2018 5:02 PM EDT2018-06-18 21:02:38 GMT
    New research suggests drinking water supplies in Pennsylvania have shown resilience in the face of a drilling boom.
    New research suggests drinking water supplies in Pennsylvania have shown resilience in the face of a drilling boom.
  • Veteran journalist named top editor of Los Angeles Times

    Veteran journalist named top editor of Los Angeles Times

    Monday, June 18 2018 2:50 PM EDT2018-06-18 18:50:32 GMT
    Monday, June 18 2018 5:02 PM EDT2018-06-18 21:02:24 GMT
    The Los Angeles Times says veteran journalist Norman Pearlstine has been named its new executive editor.
    The Los Angeles Times says veteran journalist Norman Pearlstine has been named its new executive editor.
  • Senate bill would block WH deal with Chinese telecom company

    Senate bill would block WH deal with Chinese telecom company

    Monday, June 18 2018 4:11 PM EDT2018-06-18 20:11:00 GMT
    Monday, June 18 2018 5:01 PM EDT2018-06-18 21:01:25 GMT
    The Senate is set to pass a defense policy bill that would block a White House plan to allow Chinese telecom giant ZTE to buy component parts from the U.S.
    The Senate is set to pass a defense policy bill that would block a White House plan to allow Chinese telecom giant ZTE to buy component parts from the U.S.
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