iPhone maker Foxconn to switch to cars as US-China tensions soar
The firm, which makes over half of the world’s Apple products, is looking for its next big growth driver.
2023-06-16 05:52
US says price caps on Russia's oil are cutting revenue nearly in half and weakening its economy
When the Group of Seven nations, the European Union and Australia last year announced a plan to cap the price of Russian oil, U.S. officials said it would deliver a most effective blow to Russia’s economy, undermining its greatest revenue source
2023-06-16 05:49
Biden hopes Su's role in dockworker deal can sway Democratic holdouts to confirm her as labor chief
The White House is hoping that Julie Su’s role in brokering a deal between West Coast dockworkers and shippers will provide fresh momentum for the Senate to act on her long-stalled nomination to be labor secretary
2023-06-16 05:47
Mercedes is bringing ChatGPT into its cars
Mercedes-Benz and Microsoft have agreed to add ChatGPT to Mercedes-Benz cars in the United States. ChatGPT is Microsoft's "generative artificial intelligence" software that can engage in realistically human-like dialog.
2023-06-16 05:45
Ousted Nikola Founder Calls for Leadership Change at EV Maker
Nikola Corp. founder Trevor Milton called for leadership change at the electric-truck maker and urged shareholders to vote
2023-06-16 05:29
How will the Federal Reserve's rate hike pause affect the dollar?
The Fed's rate hiking campaign has helped pump up the US dollar, maintaining an unexpected strength that reverberates across the economy. However, with the Fed's pause, many experts believe the dollar's muscle may start to give out.
2023-06-16 05:29
Disney CFO McCarthy to step down for family medical leave
By Dawn Chmielewski and Lisa Richwine Walt Disney Co Chief Financial Officer Christine McCarthy is stepping down from
2023-06-16 05:26
Sixth Street considers bidding for Bed Bath & Beyond assets - WSJ
Bed Bath & Beyond's lender Sixth Street Partners is considering bidding for at least some of the bankrupt
2023-06-16 04:57
Odey scandal prompts Wall Street rethink on how to vet hedge funds
By Nell Mackenzie and Kirstin Ridley LONDON Wall Street firms are poised to reassess how they vet hedge
2023-06-16 04:56
Restaurant Chain Cava Almost Doubles After $318 Million IPO
Fast-casual restaurant chain Cava Group Inc. almost doubled in its trading debut after exceeding the target for its
2023-06-16 04:52
Twitter is the worst major social media platform when it comes to LGBTQ+ safety, says GLAAD
All major social media platforms do poorly at protecting LGBTQ+ users from hate speech and harassment — especially those who are transgender, non-binary or gender non-conforming, the advocacy group GLAAD said on Thursday
2023-06-16 04:52
Covid Boosters Should Be Updated to Target XBB Strain, US Health Advisers Say
Covid-19 shots should be reformulated to target an XBB subvariant of the highly infectious omicron strain to provide
2023-06-16 04:46