US probes Stellantis 2022 RAM truck models over K1 snap ring transmission failures
(Reuters) -The U.S. Office of Defect Investigations (ODI) has opened a preliminary evaluation of a failure of the K1 snap…
With China EV launch, Xiaomi’s ‘Thor’ takes on Elon Musk
By Sarah Wu BEIJING (Reuters) -He was called China’s answer to Steve Jobs for taking Xiaomi from scrappy startup to…
US may soon unveil list of Chinese chip factories barred from receiving tech
By Karen Freifeld and Alexandra Alper WASHINGTON (Reuters) -The United States is drawing up a list of advanced Chinese chipmaking…
Automotive computer chip maker NXP rolls out new platform
AMSTERDAM (Reuters) – NXP Semiconductors NV, the biggest maker of computer chips for cars, on Thursday said it had introduced…
Citi says 42% of energy clients lack climate transition plans
By Isla Binnie NEW YORK (Reuters) – Almost half of the energy companies Citi lends to are lacking plans to…
Home Depot bulks up Pro-business with $18.25 billion deal for building products supplier SRS
By Deborah Mary Sophia, Savyata Mishra and Abigail Summerville (Reuters) -Home Depot will buy building materials supplier SRS Distribution in…
How Boeing’s leadership was ‘fired’ by its own customers
By Tim Hepher, Allison Lampert and David Shepardson (Reuters) – It took 80 days. But for the airline industry, enough…
JPMorgan bets on new wealth planning tool to draw investments
By Tatiana Bautzer NEW YORK (Reuters) -JPMorgan Chase seeks to expand the reach of its wealth management business and bring…
BlackRock issued warning over ‘misleading statements’ tied to ESG funds
(Reuters) – BlackRock was issued a legal warning by the U.S. state of Mississippi over “false and misleading statements to…
GameStop shares fall as video game retailer faces competition, weak spending
(Reuters) -GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter…