United States
Apple ramped up lobbying expending in 2022, outpacing tech peers
Main Government Officer of Apple Tim Cook (L) arrives at the White Property to show up at a point out dinner honoring French President Emmanuel Macron, in Washington, DC, on December 1, 2022. Roberto Schmidt | AFP | Getty Illustrations or photos Apple ramped up its lobbying paying out last 12 months, growing its overall […]
Read More
Spotify cuts 6% of its workforce — go through the memo CEO Daniel Ek despatched to employees
Spotify introduced Monday it really is reducing 6% of its global workforce as the tunes streaming corporation contends with a gloomy economic ecosystem that has viewed individuals and advertisers alike restrict their expending. Spotify has a complete workforce of around 9,800 individuals, which signifies the cuts impression about 600 staff members. In accordance to its […]
Read More
Cowen upgrades Skechers, says footwear stock could rally nearly 40% as brand gains momentum
Skechers has upside potential that Wall Street could be missing, Cowen said. Analyst John Kernan upgraded the stock to outperform from market perform. He also raised the price target to $65 from $48. The new target implies upside of 39.4%. Kernan said Skechers remains the second most-liked casual sneaker brand in the U.S. with about […]
Read More
We’ll will need purely natural gasoline for decades — but can start off blending it with environmentally friendly hydrogen today, CEO claims
From the United States to the European Union, key economies all around the environment are laying out options to shift absent from fossil fuels in favor of very low and zero-carbon systems. It truly is a colossal activity that will call for large sums of cash, big political will and technological innovation. As the prepared […]
Read More
European markets head for bigger open as investors weigh financial outlook
European markets are searching to start out the new buying and selling 7 days on a beneficial note Monday with traders gauging the economic outlook. International markets have been weighing the possibility that the Fed is finding ready to gradual the speed of its inflation-combating rate hikes following economic knowledge final 7 days confirmed a decline […]
Read More
Stock futures are flat as buyers weigh the Fed’s up coming policy go and await a busy earnings 7 days
Traders on the ground of the NYSE, Oct. 12, 2022. Supply: NYSE Stock futures were being tiny altered Sunday evening as buyers weighed a probable slowdown or pause in Federal Reserve interest price hikes and looked ahead to a active week of earnings. Futures tied to the Dow Jones Industrial Typical were being lower by […]
Read More
GM, LG end plans for fourth U.S. battery cell plant as automaker seeks new partner
GM CEO and Chairman Mary Barra and LG Chem Vice Chairman and CEO Hak-Cheol Shin at the automaker’s battery lab in Warren, Mich., where the companies announced a new $2.6-billion joint venture on Dec. 5, 2019. GM DETROIT – General Motors and LG Energy Solution have indefinitely shelved plans to build a fourth battery cell […]
Read More
Philip Esformes, whose jail sentence Trump commuted, loses attractiveness and faces retrial on health and fitness-care fraud rates
Philanthropist Philip Esformes attends the 15th yearly Harold & Carole Pump Basis gala at the Hyatt Regency Century Plaza on August 7, 2015 in Century Town, California. Tiffany Rose | Getty Images A Florida nursing property proprietor whose 20-year prison sentence for a $1.3 billion Medicare fraud scheme was commuted by then-President Donald Trump in […]
Read More
GM to invest $918 million in new V-8 gas engines and EV components
Line workers work on the chassis of full-size General Motors pickup trucks at the Flint Assembly plant on June 12, 2019 in Flint, Michigan. JEFF KOWALSKY / AFP / Getty Images FLINT, Mich. — General Motors plans to invest nearly $1 billion in four U.S. plants to support production of components for electric vehicles as […]
Read More
Here are the layoff severance packages Google, Microsoft, Amazon and other tech giants have promised
Google headquarters is seen in Mountain View, California, United States on September 26, 2022. (Photo by Tayfun Coskun/Anadolu Agency via Getty Images) Anadolu Agency | Anadolu Agency | Getty Images Tech companies have laid off tens of thousands of workers in recent months as the industry grapples with a reduced risk appetite from investors and […]
Read More