By David Shepardson WASHINGTON (Reuters) -Chrysler parent Stellantis said on Thursday it will temporarily cut one shift at its Detroit assembly plant that builds Jeep sport utility vehicles, citing Ca[...]
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December 7, 2023
More than 1,000 VW workers in Tennessee sign union representation cards -UAW
By David Shepardson (Reuters) -The United Auto Workers (UAW) union said on Thursday that more than 1,000 factory workers at Volkswagen’s Chattanooga, Tennessee, assembly plant have signed union[...]
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Apple-backed study finds rise in data breaches as iPhone maker defends encryption stance
By Stephen Nellis (Reuters) – In the first nine months of 2023, U.S. data breaches increased by 20% compared to the full year 2022, according to a new study that was commissioned by Apple. The i[...]
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US self-driving industry seeks federal support, cites China risk
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department needs to support the development of autonomous vehicles, a coalition of groups representing the industry warned on Thursday[...]
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US FCC approves Dish, EchoStar merger deal, shares rise
By David Shepardson WASHINGTON (Reuters) – The Federal Communications Commission (FCC) said on Thursday it approved a merger between Dish Network and satellite operator EchoStar, reuniting billi[...]
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Bain scores over tenfold return with $8.7 billion Cerevel sale
By Greg Roumeliotis (Reuters) – Private equity firm Bain Capital stands to make more than 10 times the $250 million it invested in Cerevel Therapeutics Holdings Inc following the neurology-focus[...]
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AbbVie to focus on smaller deals after buying spree
(Reuters) -U.S. drugmaker AbbVie said on Thursday it intends to focus on smaller deals to support its growth through the next decade, after it struck two multibillion dollar deals in the past week to[...]
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Marketmind: Japanese markets reel as BOJ flexes muscles
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Signals from Federal Reserve and European Central Bank officials have been behind the eye-popping moves in world bond mark[...]
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BlackRock’s Fink pushes back after firm criticized in Republican debate
By David Randall NEW YORK (Reuters) – BlackRock Chief Executive Larry Fink said on Thursday that the firm was unfairly targeted by candidates in the fourth Republican presidential debate, callin[...]
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