GM to take $6 billion writedown on EV pullback
GM’s $6 billion charge linked to EV investment reductionMost of the writedown tied to supplier payouts for canceled…
Comcast’s TV spin hands Paramount more ammunition in its Warner Bros campaign
LOS ANGELES, Jan 7 (Reuters) – Paramount Skydance (PSKY.O), opens new tab gained fresh ammunition in its campaign…
JPMorgan’s asset management arm to end use of proxy advisers in US, memo shows
Jan 7 (Reuters) – JPMorgan Chase’s (JPM.N), opens new tab asset management division no longer plans to use…
Brazil surpassing US as top beef producer, easing global supply squeeze
Brazil produced more beef in 2025 than analysts expectedBeat U.S. production for first timeIncreasing productivity boosting beef yields…
L3Harris sells 60% stake in space propulsion business for $845 million
Jan 5 (Reuters) – L3Harris Technologies (LHX.N), opens new tab said on Monday it will sell an about…
Exclusive: Samsung to double AI mobile devices to 800 million units this year
Item 1 of 3 TM Roh, co-CEO who oversees mobile phones, TVs and home appliances at Samsung Electronics,…
Exclusive: L3Harris nears space propulsion asset stake sale to AE Industrial, sources sayÂ
Deal aligns with AE Industrial’s space technology consolidation strategyL3Harris retains 40% stake, AE Industrial expected to pay over…
Exclusive: Drugmakers raise US prices on 350 medicines despite pressure from Trump
Number of hikes rises from same time a year agoMedian list price increase is 4%, in line with…
US FDA approves Vanda Pharmaceuticals’ motion sickness drug
Dec 30 (Reuters) – Vanda Pharmaceuticals (VNDA.O), opens new tab said on Tuesday its drug for the prevention…
Meta to acquire Chinese startup Manus to boost advanced AI features
Dec 29 (Reuters) – Meta (META.O), opens new tab said on Monday it would acquire Chinese artificial intelligence…
Over 7,000 teachers in Japan took mental health sick leave in 2024 academic year
Japan’s education ministry says 7,087 public school teachers took sick leave for depression and other mental health issues…
Japan law opening phone app stores to go into effect
A new Japanese law is going into effect that could loosen the dominance of tech giants over smartphone…