Amazon joins companies arguing US labor board is unconstitutional
Amazon.com has joined rocket maker SpaceX and grocery chain Trader Joe's in claiming that a U.S. labor agency's in-house enforcement proceedings violate the U.S. Constitution, as the retail giant faces scores of cases claiming it interfered with workers' rights to organize.
Volkswagen announces second phase of Mexico investment of around $1 billion
Volkswagen's Mexican unit announced on Friday an investment of around $1 billion, in a second installment of spending by the German automaker aimed at boosting its electric vehicle (EV)business at its existing operations in central Mexico.
China to show off homegrown airliner at Singapore air show amid supply crunch
Singapore will play host to Asia's biggest air show next week for the first time since the end of COVID border restrictions, with regional travel rebounding and the military side of the show bristling with defensive systems and nervous arms buyers.
Tesla temporarily slashes prices for some Model Y cars in the US
Tesla Inc has temporarily cut prices of some of its Model Y cars in the U.S. until Feb. 29, less than a month after the carmaker cut Model Y prices in Germany.
Jeff Bezos sells roughly $2 billion of Amazon shares
Amazon.com founder Jeff Bezos sold around 12 million shares of the online retail and cloud services firm for roughly $2 billion, according to a company filing on Friday, soon after laying out a plan to sell his shares over the next year.
Boeing strikes conciliatory tone with suppliers amid 737 MAX crisis
Boeing executives extended an olive branch to the company's strained supply chain this week to help them deal with the fallout of the latest 737 MAX crisis, but those firms are taking a wait-and-see attitude after years of dealing with the planemaker's hard-line approach.
Vision Pro headset is Apple's next Mac and TV combined
Apple's Vision Pro could upend how people watch television at home and how they use computers at work, potentially positioning the headset to be a successor to both traditional television and the Mac.
Italy to invest in Enel plant to boost solar panel production, PM says
Italy will invest in Enel's photovoltaic panel factory in Sicily, supporting its plan to boost production and become Europe's main site for solar panels, Prime Minister Giorgia Meloni said on Saturday.
Bezos to sell up to 50 million Amazon shares by Jan. 31 next year
Amazon founder Jeff Bezos will sell up to 50 million shares in the online retail and cloud services firm over the next one year, according to a company filing on Friday.
US to announce billions in subsidies for advanced chips
The Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday.