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Companies
Treasurer Welcomes Renewal of Australia’s AAA Credit Rating Amid Challenging Economic Conditions
Australian Treasurer Jim Chalmers has said that the renewal of Australia's AAA credit rating by rating agency Standard and Poor's (S&P) proves the effectiveness of the Albanese government's "responsible economic ...
January 31, 2023
BY
Alfred Bui
After Tesla Price Cut, Ford Follows Suit With Mustang Mach-E
DETROIT—Ford is cutting prices on its Mustang Mach-E electric SUV by as much as $6,000 just weeks after ...
January 30, 2023
BY
The Associated Press
US Court Rejects J&J Bankruptcy Strategy for Thousands of Talc Lawsuits
A U.S. appeals court on Monday shot down Johnson & Johnson's attempt to offload tens of thousands of ...
January 30, 2023
BY
Reuters
US Hits Volvo Group North America With $130 Million Penalty Over Delayed Recalls
WASHINGTON—A U.S. auto safety agency said Monday it was imposing a $130 million civil penalty on AB Volvo ...
January 30, 2023
BY
Reuters
Boeing Will Open New Assembly Line to Build 737 Max Planes
Boeing will add a fourth assembly line to produce more 737 Max aircraft, as it tries to more ...
January 30, 2023
BY
The Associated Press
‘Father of Peeps’ Marshmallow Candies Bob Born Dies at 98
Ira “Bob” Born, a candy company executive known as the “Father of Peeps” for mechanizing the process to ...
January 30, 2023
BY
The Associated Press
Facebook Seeks to Block $3.7 Billion UK Mass Action Over Market Dominance
LONDON—Facebook on Monday asked a London tribunal to block a collective lawsuit valued at up to 3 billion ...
January 30, 2023
BY
Reuters
PREMIERING 1/31 at 7:30PM ET: Chaya Raichik, ‘Libs of TikTok’ Creator, on Classroom Indoctrination and TikTok ‘Narcissists’
"I think gender ideology, in general, is very narcissistic ... It's like, 'These are my pronouns. This is ...
January 30, 2023
BY
Jan Jekielek
Court Rejects Johnson & Johnson Bankruptcy Strategy for Tens of Thousands of Baby Powder Lawsuits
A U.S. court on Monday rejected pharmaceutical company Johnson & Johnson's bankruptcy strategy to resolve billions of dollars ...
January 30, 2023
BY
Jack Phillips
Nuclear Lab in China Procured US Chips Despite Ban
A Chinese nuclear research and development lab has gained access to U.S.-made semiconductors even though such institutions have ...
January 30, 2023
BY
Naveen Athrappully
Apple Tells Certain iPhone Owners to Update Software or Face the Consequences
People with certain older generations of Apple iPhones, iPads, and iPods should install a new security update, said ...
January 30, 2023
BY
Jack Phillips
Philips to Layoff 6,000 More Workers as Company Struggles With Profitability
Multinational corporation Philips intends to cull thousands of jobs in a bid to boost profitability as the company ...
January 30, 2023
BY
Naveen Athrappully
Drugmaker Amgen Lays Off 300 US Employees
Drugmaker Amgen Inc. said on Monday that it let go about 300 U.S. employees or about 1.2 percent ...
January 30, 2023
BY
Reuters
Wall Street Opens Lower Ahead of Fed Rate Decision
Wall Street's main indexes opened lower on Monday, with the tech-focused Nasdaq dropping nearly 1 percent, to kick-start ...
January 30, 2023
BY
Reuters
Two Insurance Companies Stop Providing Coverage for Hyundai and Kia Car Models
Top insurers State Farm and Progressive are refusing to provide insurance coverage for certain models made by South ...
January 30, 2023
BY
Naveen Athrappully
Toyota Defends Title as World’s Top-Selling Automaker in 2022
TOKYO—Toyota Motor Corp. sold 10.5 million vehicles in 2022, it said on Monday, defending its title as the ...
January 30, 2023
BY
Reuters
Shares Shaky as Rate-Hike Week Looms
SYDNEY/LONDON—Shares slipped on Monday at the start of an agenda-setting week for markets in which likely interest rate ...
January 30, 2023
BY
Reuters
Samsung Employees to Get Low-Carbon Meals as Part of Net-Zero Climate Push
Korean tech giant Samsung Electronics said on Sunday that it will incorporate plant-based meals into its staff menus ...
January 30, 2023
BY
Aldgra Fredly
Origin Energy Raises Earnings Forecast Amid Ongoing Takeover Bid
Australian energy retailer Origin Energy has raised its earnings forecast for the 2022-2023 financial year while it awaits ...
January 29, 2023
BY
Alfred Bui
Ex-CEO Warns US May Be in ‘World of Hurt’ If Federal Government Doesn’t Act Soon
Former Walmart CEO Bill Simon warned that corporate layoffs might have a significant impact on the U.S. economy ...
January 29, 2023
BY
Jack Phillips
White House Targets Cryptocurrencies, Calls for Stronger Enforcement by Regulators
North Korea, fraud, and financial losses are some of the dangers emanating from the cryptocurrency industry, according to ...
January 29, 2023
BY
Liam Cosgrove
California Firefighters Use 6,000 Gallons of Water to Put Out Tesla Fire on Highway 50
A Tesla Model S burst into flames on Saturday afternoon in California while driving on Highway 50, causing ...
January 29, 2023
BY
Bill Pan
US Seeks Tighter Bail for FTX Founder Bankman-Fried to Prevent Tampering
NEW YORK—U.S. prosecutors on Friday asked a Manhattan judge to impose tougher bail conditions on Sam Bankman-Fried, expressing ...
January 28, 2023
BY
Reuters
Fuel Costs of Electric Vehicles Overtake Gas-Powered Cars: Study
The cost to fuel electric vehicles in the United States is higher than gas-powered cars for the first ...
January 28, 2023
BY
Allen Zhong
FAA Identifies Contractor Involved in Outage That Grounded Over 11,000 Planes
The Federal Aviation Administration (FAA) identified the contractor involved in the outage of a safety bulletin system that ...
January 28, 2023
BY
Bryan Jung
Pfizer Responds After Director Says Company Is Developing Ways to Mutate COVID-19
Pfizer late Jan. 28 responded to comments from a director at the company about exploring ways to mutate ...
January 28, 2023
BY
Zachary Stieber
Intel’s ‘Historic Collapse’ Erases $8 Billion From Market Value
Intel Corp. saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped ...
January 28, 2023
BY
Reuters
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