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Uber will buy Middle Eastern rival Careem in $3.1-billion deal, sources say

Uber is set to announce a $3.1-billion cash-and-share deal to acquire its Dubai-based rival Careem as early as this week, according to people with knowledge of the matter.

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Henrik Fisker is back with his latest Hail Mary, a $40,000 electric SUV

Henrik Fisker, who designed famously sensual cars for Aston Martin and BMW before his self-titled startup blew up, has said he’ll have a $40,000 electric SUV built by 2021, less than a year later than Elon Musk has promised his freshly unveiled Model Y will hit the road.

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