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
More
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
More
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
More
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
More
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
More
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
More
Inflation crept higher in July, showing fresh signs that President Donald Trump’s tariffs are feeding into the U.S. economy. The Commerce Department reported on Friday that the personal consumption expenditures (PCE) price
More
The U.S. dollar traded little changed on Thursday as investors increased their bets that the Federal Reserve could reduce interest rates as soon as next month. The speculation followed comments from New
More
Tesla rejected a $60 million settlement proposal in a wrongful death lawsuit stemming from a 2019 fatal crash involving its Autopilot system. The disclosure came in a Monday court filing in Miami,
More
Tesla has raised the price of its most expensive Cybertruck model by $15,000 in the United States, even as sales figures fall short of expectations and quality issues continue to plague the
More