GM, Samsung SDI to soon unveil plans for EV battery plant in US, sources say
(Reuters) -General Motors Co and Samsung (KS:005930) SDI are set to announce as early as Tuesday the plan to build…
ABB dispels industrial gloom to raise full-year outlook
(Reuters) -ABB Ltd raised its full-year outlook for sales and profit outlook on Tuesday after the Swiss engineering and technology…
Novartis, helped by cost cuts, raises full-year outlook
(Reuters) -Novartis on Tuesday raised its full-year earnings outlook after cutting costs, a breast cancer drug trial success and progress…
Hyundai Motor bolsters US presence with $5 billion EV battery venture
(Reuters) -South Korea’s Hyundai Motor Co said on Tuesday it had finalised a $5 billion electric vehicle (EV) battery joint…
China talks down already weakening iron ore amid cloudy outlook: Russell
(Reuters) -The spot price of iron ore tumbled to a four-month low as Beijing once again talked down the key…
U.S. Supreme Court to decide if public officials can block critics on social media
(Reuters) – The U.S. Supreme Court, exploring free speech rights in the social media era, on Monday agreed to consider…
Getty Images surges on offer to be acquired by Trillium Capital for $4 billion
Activist investor Trillium Capital announced today that it has made a bid to acquire Getty Images (NYSE:GETY) for $10 per…
Super Micro Computer tumbles after cutting Q3 revenue forecast
Super Micro Computer (NASDAQ:SMCI) shares plunged premarket Monday after the company slashed its third-quarter revenue guidance due to new component shortages.…
Mobileye share lockup expires today
Mobileye’s (NASDAQ:MBLY) post-IPO share lockup period expires today, enabling the company’s earliest investors to sell shares for the first time…
Walt Disney Co to begin second wave of layoffs, cutting several thousand jobs – sources
(Reuters) – Walt Disney (NYSE:DIS) Co will begin a second wave of layoffs on Monday, as it works toward eliminating 7,000 jobs…