Businesses are urging the U.S. government to rethink proposed rules for awarding grants and tax credits for the U.S. semiconductor industry.
The company’s chips are leaders in processing the complex calculations driving the latest internet revolution.
The partnership would give Ford customers access to to more than 12,000 fast-chargers, known as Superchargers, beginning in early 2024.
Hyundai Motor Group and LG Energy Solution plan to build a $4.3 billion electric-vehicle battery factory in the U.S., strengthening their tie-up overseas to meet growing demand for EVs.
Gap said that it expects to close the year with an improved gross-margin expansion amid lower investments and store openings.
Consumer wariness constrains earnings for retailers Dick’s, e.l.f. Beauty and Williams-Sonoma.
Nike released a sneaker from Ja Morant despite the Memphis Grizzlies star’s recent suspension from his team and some retailers dropping the launch.
The company’s same-store sales increased 0.3% this quarter, less than what analysts were forecasting.
Shrink and a sales shift to lower-margin consumables pressured profits at Dollar Tree.
The cash infusion in Shari Redstone’s National Amusements comes weeks after Paramount cut its dividend, a key source of income for Redstone and her family.
Source: Dow Jones Newswires