As you are by now all probably aware, Richard Thaler won this year’s Nobel Memorial Prize in Economic Sciences. All question of whether this is a “real” Nobel can now be laid to rest, since the announcement was made via the Nobel Prize’s official verified Twitter account. Thaler won the prize for his research in behavioral economics, although he’s far ...

Bloomberg Volkswagen AG is flanking its push into electric cars with plans to roll out battery-powered commercial vehicles targeted at urban areas as growing public concerns about air quality boost demand. The Volkswagen Truck & Bus division will invest 1.4 billion euros ($1.7 billion) in new technology including electric drivetrains, autonomous systems and cloud-based software, Andreas Renschler, head of the ...

Bloomberg Facebook Inc. unveiled a cheaper virtual-reality headset that works without being tethered to a computer, rounding out its plan for pushing the emerging technology to the masses. The new $199 wireless headset, called Oculus Go—meant to be the company’s most accessible VR device—will be available in early 2018. Facebook also trimmed the price of its high-end Oculus Rift headset ...