COMPANIES

The proposal would have boosted the amount of electricity coming from the Pennsylvania power plant from 300 megawatts to 480 megawatts.

GlobalFoundries sent SJ Semiconductor 74 shipments worth $17.1 million without seeking a license, the Commerce Department said.

The company that owns and operates 39 outlets in the U.S. blamed its misfortunes on the COVID-19 pandemic and 'our capital structure.'

The move is intended to 'ensure a more representative exposure to the semiconductors industry,' according to S&P Dow Jones Indices.

J.P. Morgan Securities and J.P. Morgan Investment were accused of misleading customers with inaccurate disclosures, breaching its fiduciary duty and engaging in prohibited joint transactions and principal trades.

Siemens will be acquiring Altair for $10.6 billion in a move to strengthen its presence in the industrial software market.

Spirit Airlines will furlough about 330 pilots and 120 captains will be downgraded to first officers.

Conventional over-the-road diesel trucks are one of the biggest contributors to global carbon emissions. Yet, industrial BEVs are largely ineffective due to their battery's weight and impact on payload.

The fast food giant acknowledged the crisis hurt its momentum, without providing numbers, but a location data tracking company said visits fell 9% last week.

The group's profit from July to September reached 3.25 billion euros ($3.5 billion), a 12-percent jump from the same period last year, beating analyst expectations.

A year after spinning off its generics business to become a "pure-player" developer of innovative medicines, Novartis registered a 15 percent increase in its core net profit to $4.1 billion during the July-September period, from the same quarter last year.

The group earlier this month flagged to markets that its latest earnings would take a sizeable hit after oil prices have fallen on concerns over Chinese demand and the prospect of higher crude production in 2025.

Indonesia has blocked the sale of iPhone 16 in the country following issues on investments.

Workers' representatives will update VW staff at all 10 German plants about management's latest savings proposals at 1000 GMT, with many bracing for news of thousands of job cuts.

Markets reacted negatively to the announcement with Philips's share price dropping by more than 11 percent in morning trading on the Amsterdam stock exchange's blue-chip AEX index.

Boeing intends to raise $15 billion to make up for the production and financial losses resulting from the prolonged strike.

'It is illegal to lure workers with misleading claims about how much they will earn on the job,' said Federal Trade Commission Chair Lina Khan

Burger King, KFC, Pizza Hut and Taco Bell have removed fresh onions from their menu due to a deadly E. coli outbreak.

The popular crunchy snack will go by Chilean Sea Bass; they're available online only

The bank remains on course to complete next week its takeover of the banking arm of British supermarket giant Tesco.

The iPhone maker remains popular among Chinese consumers but has ceded ground to domestic rivals in recent years as the Asian nation faces slowing economic growth and sluggish consumption.

The company will enroll around 50,000 public figures to launch a global trial in December, excluding major jurisdictions where it lacks regulatory clearance, such as Britain, European Union, South Korea, and Texas and Illinois in the United States.

Iger, 73, retired in 2020 after 15 years as CEO but returned to replace his handpicked successor, Bob Chapek, two years later.

Beijing-based ByteDance said the unidentified intern 'maliciously interfered' with a project being conducted by one of its teams.

The app features original content that encourages quality time between families and kids.

Rights group Amnesty International published Monday a report that accused the Saudi Arabian franchise of French supermarket giant Carrefour of exploiting migrant workers.

In the 8th year since the bank launched guaranteed FX rates with tenors longer than 24 hours, the solution currently supports more than 200 currency pairings across various tenors, with the 1-year tenor now available for 37 currency pairs.

The US auto safety regulator said Friday that it has opened an investigation into Tesla's Full Self-Driving (FSD) software after receiving four reports of crashes, one of which involved a pedestrian being struck and killed.

Procter & Gamble reported a decline in profits on slightly lower sales Friday as the company said a recovery in China was still a number of quarters away.