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Boeing Strike Ends As Workers Accept New Contract
Boeing's U.S. West Coast factory workers have accepted a new contract offer, ending a bitter seven-week strike that halted most jet...

By The Financial District
Nov 6, 20241 min read


Elon Musk Regularly Talked With Putin And Faced Regular Threats
Tech billionaire and vocal Trump supporter Elon Musk has regularly spoken with Russian President Vladimir Putin for at least two years.

By The Financial District
Nov 6, 20241 min read


Bosch Lowers Revenue Forecast And Warns Of Potential Layoffs
Robert Bosch, the German auto parts supplier, lowered its revenue forecast for the coming year, and its chairman, Stefan Hartung...

By The Financial District
Nov 5, 20241 min read


UK Antitrust Regulator Scrutinizes Synopsys' $34 Billion Ansys Deal
The UK's antitrust watchdog will investigate Synopsys Inc.’s $34 billion acquisition of software developer Ansys Inc., amid potential...

By The Financial District
Nov 5, 20241 min read


TGI Fridays Files For Bankruptcy
TGI Fridays Inc., the American casual dining chain, has filed for Chapter 11 bankruptcy protection.

By The Financial District
Nov 5, 20241 min read


Intel To Invest $28-B To Build Two Chip Factories In Ohio
Intel will invest more than $28 billion to construct two new chip factories in Ohio.

By The Financial District
Nov 5, 20241 min read


MPOWER And Vantage Energy To Power Pepsi-Cola Plants, Advance Sustainability Goals
MPower and Vantage Energy Solutions, both affiliates of the Manuel V. Pangilinan-led Meralco, have partnered with Pepsi-Cola Products...

By The Financial District
Nov 5, 20242 min read


Meta’s Q3 Profit Surges 35%, Driven By Ad Revenue Growth
Meta Platforms Inc. reported a 35% surge in third-quarter profit, propelled by strong ad revenue and its push to integrate artificial...

By The Financial District
Nov 5, 20241 min read


Bezos And Musk Courting Trump Over Space Business, Says Robert Reich
Billionaires Elon Musk and Jeff Bezos, with net worths of $271 billion and $262 billion, respectively, are wielding their influence over...

By The Financial District
Nov 4, 20241 min read


EU’s Top Court Rules For Intel, Concluding Long-Running Antitrust Case
The EU Court of Justice, the highest court in Europe, ruled in favor of Intel, ending a nearly two-decade-long antitrust battle between...

By The Financial District
Nov 4, 20241 min read


Microsoft Shares Decline On Slower Cloud Growth Forecast
Microsoft Corp. shares fell in after-hours trading following the company’s forecast of slower quarterly cloud revenue growth, reflecting...

By The Financial District
Nov 4, 20241 min read


Sumitomo’s First-Half Profit Drops By 11%
Japanese trading house Sumitomo Corp. has reported a net profit of 254 billion yen ($1.7 billion) for the six months ending in September...

By The Financial District
Nov 4, 20241 min read


Hyundai Debuts Hydrogen Car In Push For Clean Fuel Future
Hyundai Motor Co. has unveiled a new hydrogen-powered vehicle called the Initium, set for release in the first half of next year as part...

By The Financial District
Nov 4, 20241 min read


Wall Street Reassessing Tesla’s Position In "Magnificent 7"
Tesla has some work ahead if it wants to maintain its standing among tech elites.

By The Financial District
Nov 4, 20241 min read


Alphabet Stock Jumps As Earnings Beat Estimates
Alphabet's stock has surged almost 6% after the Google parent reported fiscal third-quarter earnings that surpassed analysts' expectations..

By The Financial District
Nov 4, 20241 min read


Wendy’s To Close 140 Additional U.S. Restaurants
Wendy’s has announced plans to close 140 U.S. restaurants by the end of this year, adding to the 100 closures it disclosed in May.

By The Financial District
Nov 4, 20241 min read


Nvidia To Replace Intel On Dow Jones Industrial Average
Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, highlighting shifts in the chip...

By The Financial District
Nov 4, 20241 min read


Apple Launches iPhone With AI Tech And Free Software Update
Apple is releasing a free software update that will introduce its first dose of artificial intelligence (AI) into its iPhone 16 lineup as...

By The Financial District
Nov 3, 20241 min read


MSpectrum Partners With Emperador Distillers For Solar Rooftop Projects
MSpectrum Inc., a wholly owned solar subsidiary of the Manuel V. Pangilinan-led Manila Electric Company (Meralco), has strengthened its...

By The Financial District
Nov 3, 20242 min read


Exxon Mobil Profit Beats Projections For 3Q
Exxon Mobil’s third-quarter profit surpassed analysts’ expectations, aided by contributions from Pioneer Natural Resources, a recent...

By The Financial District
Nov 3, 20241 min read


Samsung’s $122-B Wipeout Shows The Cost of Sleeping On AI
Samsung, South Korea’s largest company has become a stark example of how quickly fortunes can change in an industry where success depends...

By The Financial District
Nov 2, 20242 min read


Elon Musk — Who Rails Against "Illegals In America" — Worked As Illegal Alien In The U.S.
Tesla and SpaceX CEO Elon Musk — the world's wealthiest man — has been vocal in his criticism of undocumented immigrants since becoming...

By The Financial District
Nov 2, 20242 min read


Ford Cuts 2024 Earnings Guidance Due To Warranty Expenses, Slow Cost-Cutting
Stubbornly high warranty expenses and slow progress in cutting costs are hampering Ford Motor Co.'s profits this year.

By The Financial District
Nov 2, 20241 min read


VW Faces Strikes Over Plant Closures As Profits Sink
Workers at Volkswagen have threatened strikes unless management backed down from planned factory closures in Germany, further complicating..

By The Financial District
Nov 2, 20242 min read
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