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Airbus Remains Optimistic Despite Missing Delivery Target
Airbus, the European aerospace giant, delivered 766 aircraft in 2024, narrowly missing its target due to supply chain disruptions.

By The Financial District
Jan 14, 20251 min read


UK MPs Press LSE On Shein Amid Supply Chain Concerns
The London Stock Exchange (LSE) has been urged to clarify its vetting processes after fast-fashion giant Shein declined to answer...

By The Financial District
Jan 14, 20251 min read


Honda, VW, And Ford Win 2025 North American Vehicle Awards
The 2025 North American Car, Truck, and Utility Vehicle of the Year awards were announced during an event kicking off the North American...

By The Financial District
Jan 14, 20251 min read


Apple’s Board Tells Shareholders: Dump Bid To Scrap Diversity Programs
Apple's board of directors has recommended that investors vote against a shareholder proposal to abolish the company's Diversity, Equity...

By The Financial District
Jan 14, 20251 min read


HPE Wins $1-Billion AI Server Deal For Elon Musk’s X
Hewlett Packard Enterprise Co. (HPE) has secured a deal worth more than $1 billion to supply Elon Musk’s X social network with servers...

By The Financial District
Jan 14, 20251 min read


U.S. Extends Deadline for Nippon Steel To Scrap Takeover Bid To June 18
US authorities have extended the deadline for Japan's Nippon Steel Corp. and United States Steel Corp. to abandon their merger plan to...

By The Financial District
Jan 14, 20251 min read


Judge Approves Tesla Directors’ Deal To End Excess Pay Case
A Delaware court has approved a settlement requiring Tesla directors, including Chairperson Robyn Denholm and James Murdoch, to return up...

By The Financial District
Jan 14, 20251 min read


Biden Blasts "Shameful" Meta Decision To Scrap U.S. Fact-Checking
U.S. President Joe Biden criticized Meta for discontinuing third-party fact-checking on Facebook and Instagram in the United States...

By The Financial District
Jan 14, 20251 min read


"Zombie Mall" Store King Emerges As JCPenney Merges With Forever 21
JCPenney is merging with Sparc Group, the parent company of several once-bankrupt clothing brands, including Forever 21 and Brooks...

By The Financial District
Jan 14, 20251 min read


Mars Raises $1 Billion Private Debt Ahead Of Public Bonds
Mars Inc. is raising approximately $1 billion through privately-placed bonds to repay bank loans used to acquire food maker Kellanova.

By The Financial District
Jan 13, 20251 min read


Large U.S. Service Workers Union Rejoins AFL-CIO After 20 Years
The Service Employees International Union (SEIU), one of the largest labor groups in the United States, is rejoining the AFL-CIO after...

By The Financial District
Jan 13, 20251 min read


U.S. Opens Probe Into 2.6 Million Tesla Vehicles Over Remote Driving Feature
The National Highway Traffic Safety Administration (NHTSA) announced that it has opened a probe into 2.6 million Tesla vehicles in the...

By The Financial District
Jan 13, 20251 min read


Watchdog Says Berkshire Hathaway Ignored Red Flags In Home Loans
The federal Consumer Financial Protection Bureau (CFPB) has filed a lawsuit alleging that a unit of Warren Buffett’s Berkshire Hathaway...

By The Financial District
Jan 13, 20251 min read


Globe Clarifies Malicious Messages Sent From Its Sender ID
Globe has received reports that its sender ID has been misused to distribute a malicious message allegedly targeting the President’s...

By The Financial District
Jan 13, 20251 min read


Amazon’s AWS To Invest $11 Billion In Georgia To Boost AI Infrastructure Development
Amazon Web Services (AWS), plans to invest approximately $11 billion to expand its infrastructure in Georgia to support cloud computing...

By The Financial District
Jan 13, 20251 min read


Pertamina Partners With Citicore Renewable
Indonesian State-Owned Enterprise Subsidiary PT Pertamina Power Indonesia (Pertamina New & Renewable Energy, or simply Pertamina NRE) has...

By The Financial District
Jan 13, 20252 min read


China Criticized for Bogus Post Of "Drunk" Nvidia CEO Jensen Huang In Vietnam
Following China's December 2024 announcement of an investigation into U.S. chip giant Nvidia for alleged anti-monopoly law violations.

By The Financial District
Jan 10, 20251 min read


Unable To Find Equipment Makers, NJ Offshore Wind Project Seeks 2nd Delay
A New Jersey offshore wind project has requested a second delay, citing persistent difficulties in securing manufacturers for crucial...

By The Financial District
Jan 10, 20251 min read


Anthropic In Talks To Raise Valuation To $60 Billion
OpenAI rival Anthropic is in advanced negotiations to raise $2 billion in a funding round that would value the startup at $60 billion.

By The Financial District
Jan 10, 20251 min read


Hundreds Of Chinese BYD Workers In Brazil Had Irregular Visas
Electric vehicle producer BYD brought hundreds of Chinese workers on irregular visas to build a factory in Brazil.

By The Financial District
Jan 10, 20251 min read


Samsung Q4 Profit Outlook Misses Estimates By 29%
Samsung Electronics announced a fourth-quarter operating profit estimate that fell significantly short of analyst expectations.

By The Financial District
Jan 10, 20251 min read


Meta Shelves Fact-Checking, To The Delight Of Trump
Social media company Meta Platforms has announced that it is scrapping its U.S. fact-checking program and easing restrictions on...

By The Financial District
Jan 10, 20251 min read


Belle Corp Upbeat On Gaming Market
With Clark, Pampanga emerging as the next gaming and tourism hub, Belle Corporation (Belle) President and CEO Armin Raquel Santos remains...

By The Financial District
Jan 10, 20252 min read


Nvidia To Supply Chips For Toyota's Autonomous Car Development
Nvidia Corp. has announced that it will supply advanced semiconductors to Toyota Motor Corp. to aid the Japanese automaker in developing...

By The Financial District
Jan 10, 20251 min read
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