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Friday, March 6, 2026

McKesson Announces Key Leadership Change: CFO Britt Vitalone to Retire, Kenny Cheung to Take the Helm

McKesson Corporation announces a planned CFO transition as Britt Vitalone retires after 20 years, with Kenny Cheung named as his successor. Learn more about the leadership change and the company's recent financial performance.

Core Scientific Secures $1 Billion Financing from Morgan Stanley, Pivots to AI Infrastructure

Core Scientific secures a $500 million loan facility from Morgan Stanley, with an option to extend to $1 billion, as it pivots its business model from Bitcoin mining to AI infrastructure.

Scorpio Tankers Strengthens Fleet with Vessel Sales and Long-Term Charters

Scorpio Tankers Inc. announces strategic fleet adjustments, including the sale of three product tankers and long-term charter agreements for two LR2 vessels, set to finalize in early 2026.

Aion’s Y Younger: The Newest and Most Affordable Addition to the Popular Y Family

BusinessAutomotiveAion's Y Younger: The Newest and Most Affordable Addition to the Popular Y Family

Aion, the popular Chinese electric carmaker, has unveiled its latest and most affordable addition to the Y family, the Y Younger. Sporting a sleek and sporty design, the Y Younger features wing-shaped headlights and measures 4,535 mm in length, 1,870 mm in width and 1,650 mm in height, with a wheelbase of 2,750 mm. Powered by a single e-motor, the Y Younger delivers a maximum output of 100 kW and a top torque of 176 Nm, thanks to its 51.9 kWh battery pack which enables the vehicle to travel for up to 430 km on a single charge.

As analysts predict that the Y Younger will attract more young car buyers, it is expected to give gasoline models a run for their money in the world’s largest vehicle market – China. Aion, which is one of the best-selling Chinese electric car brands, has already seen a significant surge in sales, with 30,086 vehicles sold in February, up 253 percent year-on-year. In the first two months of the year, the brand’s deliveries totaled 40,292 units, up 64 percent year-on-year.

According to the China Passenger Car Association, new energy vehicle sales in China are expected to reach 500,000 units in February, up 60 percent year-on-year, indicating a strong demand for electric vehicles in the market. With the launch of the Y Younger, Aion is expected to continue its upward trend in sales, providing more eco-friendly options for consumers in China and beyond.

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