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…
Dollar poised for third straight daily gain ahead of US jobs report
Market positioning will prevent significant dollar drop, Natixis saysFocus on Friday’s jobs report to gauge Fed’s 2026 rate…
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…
Dollar flat against major currencies as investors assess labor data
Dollar roughly unchanged vs euro after subdued German inflation figuresYen unaffected by China’s ban of dual-use items to…
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,…
China’s services growth hits 6-month low in December, shows private PMI
New business growth slows, foreign demand declinesBusiness sentiment improves with high expectations for 2026Companies cut staffing levels, input…
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…
Wall St Week Ahead Jobs data could jolt stocks from holiday calm as 2026 kicks off
S&P 500 falls at year-end but finishes 2025 with 16% gainEmployment data headlines economic reports in coming daysQ4…
Starlink plans to lower satellite orbit to enhance safety in 2026
Jan 1 (Reuters) – Starlink will begin a reconfiguration of its satellite constellation by lowering all of its…