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NEW YORK (AP) -- An electrical fire in a transformer that serves the Tiffany & Co. store on New York's Fifth Avenue spewed thick gray smoke from under the iconic building on Thursday and caused two minor injuries, officials said. The fire did not spread to the store itself, but firefighters evacuated about 100 people from the building as a precaution, Deputy Fire Chief Joseph Carlsen said

Ford cut the price of the electric version of its signature F-150 pickup truck by as much as $10,0000, as a glut of expensive electric vehicles have begun piling up at dealerships, The New York Times reported Monday. The number of unsold battery-powered trucks and cars has shot up to 90,000 — roughly 4 times as much as last year — which is enough to last 103 days at the current pace of sales,

Ford Motor Co. has cut the prices on its line of electric vehicle pickup trucks in an effort to challenge EV market leader Tesla. CNBC reported on Monday, that the Detroit, Mich.-based automaker said the reasoning behind the price reduction is to boost production of the vehicles, noting they saw improvements when the company achieved lower costs for battery raw material. Prices for the least

NEW YORK (AP) — Shares of Hawaiian Electric Co.’s parent fell more than 19% Friday, one day after the utility was sued by Maui County over the fires that devastated Lahaina earlier this month. Maui County accused Hawaiian Electric of negligently failing to shut off power despite exceptionally high winds and dry conditions — saying that the destruction from the deadly Aug. 8 fires could have