The Trump administration has moved to prevent U.S. Steel from halting operations at its Granite City, Illinois, facility, in what marks the first use of new executive powers tied to the company’s
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Nvidia CEO Jensen Huang has addressed fresh challenges facing the company in China, expressing frustration over reports that Beijing has blocked sales of its artificial intelligence chips. The Financial Times reported that
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Opendoor has announced a major leadership shift, appointing Kaz Nejatian as its new chief executive officer and naming co-founder Keith Rabois as chairman. The company, which has become a favorite among retail
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Klarna shares climbed in their first day of trading on the New York Stock Exchange, marking a milestone for the Swedish buy now, pay later pioneer. The stock rose 15% on Wednesday,
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ExxonMobil expects the European Union to lock in multi-decade contracts for US liquefied natural gas (LNG) following its $750 billion energy pledge with Washington. The EU committed in July to purchase US
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Novartis announced on Tuesday that it will acquire New York-based Tourmaline Bio in a deal valued at approximately $1.4 billion. Under the agreement, Novartis will pay $48 per share for Tourmaline, adding
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China’s largest carmaker, BYD, has announced plans to produce electric vehicles in Europe within the next three years as it looks to bypass tariffs and expand its presence in the competitive European
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OPEC+ has agreed to raise oil production in October, though at a slower pace than in previous months, as global demand shows signs of weakening. The decision, announced on Sunday after an
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Commerce Secretary Howard Lutnick suggested that the Bureau of Labor Statistics’ (BLS) new jobs report would be more reliable after President Donald Trump’s decision to remove former Commissioner Erika McEntarfer. Speaking on
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Salesforce has eliminated 4,000 roles in its customer support division, CEO Marc Benioff confirmed while discussing the company’s increasing reliance on artificial intelligence. The announcement was made during an interview published Friday
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