05/05/2024 |
Berkshire shareholders reject climate, diversity, China proposalsBerkshire Hathaway Inc shareholders
on Saturday overwhelmingly rejected six proposals addressing
environmental and social policy issues at Warren Buffett's conglomerate,
all of which the billionaire investor and his board opposed. Read More |
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Google trial wraps up as judge weighs landmark US antitrust claimsGoogle and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit
has unlawfully dominated web search and related advertising, in a case
the government contends could shape the “future of the internet.” Read More |
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US ends Tesla rear-view camera investigation after 2021 recallThe
U.S. National Highway Traffic Safety Administration said on Friday it
has closed a long-running investigation into the loss of rear-view
camera images in nearly 160,000 of Tesla's Model X and Model S vehicles. Read More |
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22/04/2024 |
Tesla cuts prices in China, Germany and around globe after US cutsTesla has cut prices in a number of its major markets, including China and Germany, following price cuts in
the United States, as it grapples with falling sales and an
intensifying price war for electric vehicles (EVs), especially against
Chinese EVs. Read More |
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Asking prices for UK homes close to record high, Rightmove saysPrices
of homes being sold in Britain are close to their record highs after
the biggest annual increase in a year, according to an industry survey
that suggested the momentum in the housing market of early 2024 extended
into April. Read More |
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Nike to lay off 740 employees at Oregon headquartersNike will
lay off about 740 employees at its world headquarters in Oregon, a
letter showed on Friday, as the top sportswear maker looks to rein in
costs after warning of a revenue dip in the first half of fiscal 2025. Read More |
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14/04/2024 |
Apple denies violating US court order in Epic Games lawsuitIPhone maker Apple on Friday denied violating a court order governing its App Store and urged a California federal judge to reject a request by “Fortnite” developer Epic Games to hold it in contempt. Read More |
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Tesla cuts Full Self-Driving subscription prices in US, CanadaElon Musk's Tesla said on Friday it has cut prices of its Full Self-Driving(FSD) subscriptions in the United STates and Canada, as it seeks to drive adoption amid softening demand and price competition. Read More |
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Hedge fund Barington urges Paramount to scrap talks with SkydanceHedge
fund Barington Capital on Friday urged Paramount Global to scrap its
exclusive merger talks with Skydance Media, arguing all shareholders
would benefit if the company looked at other potential bidders. Read More |
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09/04/2024 |
US will not accept Chinese imports decimating new industriesU.S.
Treasury Secretary Janet Yellen warned China on Monday that Washington
will not accept new industries being decimated by Chinese imports, as
she wrapped up four days of meetings to press her case for Beijing to
rein in excess industrial capacity. Read More |
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