Business, Technology, Autonomous

Elon Musk Won’t Join Twitter’s Board

Twitter Inc.’s shares slid after Elon Musk decided not to join its board, a stunning twist to a weeklong saga that has captivated the tech community and touched off renewed speculation about the company’s future.

April 11, 2022
Government, Business, Fuel

Dems Accuse Oil Execs of Profiteering as War Strains Supplies

Congressional Democrats excoriated executives from some of the world’s biggest oil companies on April 6, accusing them of exploiting the war in Ukraine and a surge in crude prices to secure windfall profits at the expense of American motorists.

April 6, 2022
Business, Technology, Autonomous

Plus Weighs IPO of Non-China Business

Plus is considering listing its non-China businesses in a U.S. initial public offering, according to people familiar with the matter, after the self-driving-truck startup scrapped a merger with a blank-check company.

April 1, 2022
Business, Technology

Tesla, Amazon Stock Splits Trigger Retail Stampede

Recent proposals from Alphabet Inc., Amazon.com Inc. and Tesla Inc. tell us one thing: Stock splits can spark big rallies as retail traders pile in.

March 29, 2022
Government, Business

A World That’s More Expensive Begins to Reduce Demand

Prices for some of the world’s most pivotal products — foods, fuels, plastics, metals — are spiking beyond what many buyers can afford. That’s forcing consumers to cut back and, if the trend grows, may tip economies already buffeted by pandemic and war back into recession.

March 28, 2022
Government, Business, Safety

SEC Plan Would Require Climate-Change Risk Disclosures

Companies will need to reveal detailed information about their greenhouse gas pollution under a proposed U.S. Securities and Exchange Commission plan, marking a major shift in how corporations must show they are dealing with climate change.

March 21, 2022
Business, Logistics

Canadian Pacific Set to Shut Down if Labor Talks Fail

Canadian Pacific Railway Ltd. has issued a 72-hour notice to the Teamsters Canada Rail Conference of plans to lock out employees early March 20 if the union’s leadership and the company fail to negotiate a settlement or agree to binding arbitration.

March 17, 2022
Business, Technology, Equipment

Intel Outlines Plans Amid Global Chip Race

Magdeburg in the former East Germany is famous for its towering Gothic cathedral, and not a lot else. It’s now about to play a key role in U.S. and European efforts to tilt the global balance of power.

March 16, 2022
Government, Business, Safety

Amazon, Walmart Online Orders Likely Delayed by China Lockdowns

Orders placed with global e-commerce platforms like Amazon and Walmart may be delayed by virus lockdowns and restrictions in some of China’s key manufacturing hubs, according to an industry body.

March 15, 2022
Government, Business, Technology

China’s COVID Lockdowns Could Threaten Half of Economy

Widespread lockdowns in China akin to the measures just taken in the southern technology hub of Shenzhen could affect half of the country’s gross domestic product, with negative implications for economies elsewhere too.

March 14, 2022