Factbox-Elon Musk on interest rates, uncertainty and Tesla's costs
Tesla CEO Elon Musk spent much of a call with analysts and investors on the electric car maker's
2023-10-19 08:17
Factbox-How the US will cut off China from more AI chips
By Stephen Nellis The Biden administration on Tuesday issued a sweeping update to restrictions on exporting advanced artificial
2023-10-18 03:16
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:58
US factory orders beat expectations in August
WASHINGTON New orders for U.S.-made goods increased more than expected in August and shipments accelerated, supporting views that
2023-10-05 02:52
Factbox-Developing countries facing a debt crunch
LONDON High interest rates, growing investor risk aversion and borrowing that ballooned in recent years have left a
2023-10-04 14:59
US manufacturing sector eyes recovery in September as production picks up -ISM
WASHINGTON U.S. manufacturing took a step further towards recovery in September as production picked up and employment rebounded,
2023-10-02 22:21
Factbox-European countries who put curbs on Huawei 5G equipment
Germany last week became the latest European country to propose restrictions or bans on the use of equipment
2023-09-29 19:45
Factbox-Evergrande founder joins list of Chinese tycoons investigated, arrested
The founder of China Evergrande, the world's most indebted property developer, is being investigated for "illegal crimes", a
2023-09-29 15:29
Sweden's Northvolt to build $5.2 billion battery factory in Canada
By Supantha Mukherjee and Divya Rajagopal STOCKHOLM/TORONTO Swedish lithium-ion battery producer Northvolt said on Thursday it would open
2023-09-28 23:24
Factbox-Amazon.com faces an array of US consumer, state antitrust lawsuits
By Mike Scarcella A lawsuit by the U.S. Federal Trade Commission against Amazon.com, expected to be filed as
2023-09-26 18:24
Factbox-Detroit Three facilities where UAW is on strike
The United Auto Workers union will expand its strikes against automakers General Motors and Chrysler parent Stellantis, but
2023-09-23 00:59
Factbox-Rupert Murdoch: the billionaire mogul at the helm of a global media empire
Rupert Murdoch stepped down as the chairman of Fox Corp and News Corp on Thursday, ending a long
2023-09-21 23:23