Oil Steadies After Steep Plunge as Focus Moves to China, OPEC+
Oil held steady after tumbling the most in more than two years on Monday as the wipeout of crude’s geopolitical…
Nvidia Has Lots Riding on This Week Even as Earnings a Month Out
Nvidia Corp. isn’t expected to announce earnings for another month, but results this week from the chipmaker’s biggest customers are…
Southwest Airlines must face pilots’ union lawsuit over threats
Southwest Airlines must face a lawsuit accusing the carrier of illegally intimidating and disciplining pilots who participate in its more…
Ford cuts 2024 earnings guidance due to warranty costs and slow pace of cost cutting
Stubbornly high warranty expenses and lagging cost-cutting efforts are holding back Ford Motor Co.’s profits this year, causing the company…
Toyota, NTT to make $3.3 billion R&D investment for AI self-driving
Toyota Motor and Japan’s Nippon Telegraph and Telephone (NTT) will invest 500 billion yen ($3.26 billion) in research and development…
China again warns EU against separate talks with EV makers
China renewed warnings to the European Union that if the bloc conducts separate negotiations with electric vehicle companies while in…
TSMC halts Ascend 910B shipments to firm suspected acting as a Huawei proxy
TSMC has stopped supplying production to China-based Sophgo, which is believed to be a proxy that Huawei used to make…
Apple can’t sell the new iPhone in the world’s 4th most populous country
Apple has been banned from selling the iPhone 16 in Indonesia. The Indonesian government said Apple hasn’t met a requirement…
Lyft agrees to pay $2.1 million penalty after FTC says company made ‘deceptive’ claims about how much drivers can earn
The US Department of Justice filed a lawsuit against Lyft on Friday. The FTC said Lyft made “deceptive” claims about…
Boeing plans to launch effort to raise over $15 billion in capital as early as Monday
Boeing is set to launch as early as Monday its plan to raise more than $15 billion in capital. The…