Boeing just put out its ‘final and best’ offer to striking workers: a 30% wage hike and a $6,000 bonus
Boeing is offering a 30% wage hike to its employees in a new proposal. Workers started striking on September 13…
Oil prices climb on fresh China stimulus, Middle East tensions
Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the…
Samsung plans to invest $1.8 billion more in Vietnam for OLED manufacturing
South Korea’s Samsung Display Co plans to invest $1.8 billion for a factory in northern Vietnam to produce OLED displays…
Oil Steadies After Notching Biggest Weekly Advance Since April
Oil steadied following its biggest weekly gain since April as strength in the dollar offset fears that the conflict between…
China’s central bank injects cash, lowers 14-day reverse repo rate
China’s central bank supplied 14-day cash to its banking system for the first time in months on Monday and at…
Nvidia teams up with AI Firm G42 to create climate tech lab
Nvidia Corp. (NVDA) is teaming up with Abu Dhabi-based G42 to create a climate technology lab, marking its first partnership…
Tesla’s European sales dropped 36% in August, as automakers warn of a ‘downward trajectory’ in the EV market
Finally Elon Musk had something to cheer about in Europe for a change—sales of new Tesla cars collapsed by roughly…
SpaceX ‘forcefully rejects’ FAA conclusion it violated launch requirements
SpaceX said Thursday it “forcefully rejects” the Federal Aviation Administration’s conclusion that Elon Musk’s company failed to follow U.S. regulations…
Gold’s Record Surge Dampens China’s Holiday Shopping Enthusiasm
Gold’s months-long, record-breaking surge is keeping consumers at bay in China, tarnishing what should be one of the busiest times…
Bhutan Reveals Fourth-Largest Government Bitcoin Holdings Worth $750M
Recent findings by blockchain analytics firm Arkham Intelligence showed that the Kingdom of Bhutan ranks fourth globally in terms of…