Vietnam’s VinFast recalls first batch of US-bound EVs over security risk
(Reuters) – Vietnamese electric vehicle (EV) maker VinFast is recalling all of the first batch of vehicles it shipped to…
Chinese hackers spying on US critical infrastructure, Western intelligence says
(Reuters) – A state-sponsored Chinese hacking group has been spying on a wide range of U.S. critical infrastructure organizations, from…
Abercrombie & Fitch shares surge on surprise profit, sales forecast raise
(Reuters) – Abercrombie & Fitch Inc on Wednesday posted a surprise quarterly profit and lifted its full-year sales forecast, as…
Wall St slides on default worries as debt ceiling talks drag on
(Reuters) – Wall Street indexes slipped on Wednesday as talks between the White House and Republican representatives on raising the…
Boeing looks to embed experienced pilots with new airline customers
(Reuters) – Boeing (NYSE:BA) Co is deploying experienced pilots to airlines that are training their employees to fly Boeing aircraft,…
Chipmaker Analog Devices forecasts weak third-quarter results, shares fall
(Reuters) – Analog Devices Inc (NASDAQ:ADI) said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker’s…
LVMH Shares Slide 5% as Investors Step Back from Luxury Sector
A broad-based luxury corner selloff swept European markets as money managers grappled with a slowdown in the US economy. LVMH…
Sarepta tumbles 15% on 9001 decision delay; analysts see a buying opportunity
Sarepta Therapeutics (NASDAQ:SRPT) shares fell as much as 14.8% in early Wednesday trading after the medical research company said the U.S.…
XPeng sinks, following 1Q miss and weak forecast
Shares of Chinese electric automaker Xpeng Inc. (HK:9868) are down more than 5% in pre-market trading on Wednesday following its…
PacWest shares extend recovery on sale of real-estate lending unit
(Reuters) – Shares of PacWest Bancorp climbed 6.4% in premarket trading on Wednesday after the U.S. mid-sized lender agreed to…