Iron Ore Falls as Inventories Rise Despite China’s Stimulus Push
Iron ore retreated from the highest close in two weeks on rising port inventories in China, the biggest importer of…
Boeing overcharged Air Force nearly 8,000% for soap dispensers, watchdog alleges
Boeing overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price on soap…
Google’s moneymaking machine still pumping out massive profits despite multiple threats
Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to…
Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back
Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of…
Xiaomi launches faster version of flagship EV in challenge to Tesla
Xiaomi unveiled a luxury version of its SU7 electric sports car on Tuesday, saying the $114,000 model would rank as…
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…
Apple launches the iPhone into the AI era with free software update
Apple is releasing a free software update that will inject its first dose of artificial intelligence into its iPhone 16…
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…
Volkswagen weighs wage cuts, bonus reductions in push to save 4 billion euros – Handelsblatt
Volkswagen is exploring a series of cost-cutting measures for its core brand, including a 10% wage cut and a two-year…