TOKYO (Reuters) – Toyota Motor has decided to build a new factory to produce electric vehicles in China, the Nikkei…
US government sues Walmart, Branch Messenger over delivery driver ‘junk fees’
WASHINGTON (Reuters) -The U.S. consumer finance watchdog accused Walmart and the workforce payments company Branch Messenger on Monday of forcing…
Workers found in slavery-like conditions at BYD construction site in Brazil
RIO DE JANEIRO (Reuters) – About 163 workers were found in slavery-like conditions at a construction site for carmaker BYD…
Elon Musk’s X lifts price for premium-plus tier to pay creators
(Reuters) – Elon Musk-owned X raised the price of its premium-plus plan in several markets from Dec. 21 as the…
Apple approaches $4 trillion valuation as investors bet on AI momentum
By Shashwat Chauhan and Medha Singh (Reuters) -Apple is closing in on a historic $4 trillion stock market valuation, powered…
Carnival forecasts robust 2025 bookings as cruise demand booms
By Anuja Bharat Mistry (Reuters) -Cruise operator Carnival Corp forecast strong bookings for 2025 ahead of the busy summer travel…
Soccer-Netflix inks US broadcast deal with FIFA for 2027 and 2031 women’s World Cups
NEW YORK (Reuters) – FIFA and Netflix have signed a deal to broadcast the 2027 and 2031 editions of the…
US asks Nvidia to probe how its chips ended up in China, Information reports
(Reuters) -The U.S. Department of Commerce has recently asked Nvidia to look into how the company’s products ended up in…
FedEx to spin off its freight trucking business
By Lisa Baertlein and Abhinav Parmar (Reuters) -FedEx announced the much-anticipated spinoff of its freight trucking division on Thursday, as…
Eli Lilly’s Alzheimer’s treatment approved in China
(This Dec. 17 story has been corrected to say that the EU regulator reversed its July decision in November to…