COMPANIES

The unannounced walkout came after GM CEO said in a letter to shareholders that the company has offered a record contract to UAW.

Both Coca-Cola and Kimberly-Clark improved their forecast for results in 2023.

The companies will, however, continue their smartphone business segment in the country.

Hybrid cars in India are currently taxed less than petrol cars, but the Japanese carmaker believes the difference is not enough.

US mortgage rates remain high in the week ending Sept. 21, with a recorded uptick in the 30-year fixed rate at 7.19 percent, up from 7.18 the week prior.

The credit card company said younger customers keep leading demand for new accounts and are willing to pay annual fees.

Zen Studios, which was acquired by Embracer Group in 2020, has reportedly eliminated more than 30 roles as the video game company continues its restructuring process.

The bank said it condemns antisemitism and all hate speech.

The increasing confidence in the possibility of the SEC approving spot Bitcoin ETFs was further fueled by Cathie Wood, who emphasized the shift in the SEC's attitude towards BTC ETF filings this week.

Aptos has not yet revealed the precise reason for the lengthy on-chain disruption

The streaming platform added 9 million subscribers in the third quarter, beating expectations and sending shares higher.

Logistics startup Convoy is expected to implement workforce cuts as the company looks to sell its brokerage business unit in the coming weeks.

Contrary to the rumors that were circulating online a few months ago, Tesla suggested that it did not buy or sell any of its crypto assets over the three-month period ending in September. However, it did not explicitly state its actual Bitcoin holdings.

The fintech company said its revenue for FY23 was around $350 million, up from $197.7 million in the previous year. India is one of the world's front-runners in instant digital payments with about 40% of all payments being made digitally.

Finnish telecom giant Nokia said Thursday it would cut up to 14,000 job as profits fell on weakening demand for its 5G equipment in North America.

Google and other tech companies are being pressured by a U.S. senator and the European Union as the Israel-Hamas war intensifies and news about the conflict – both accurate and misleading – proliferate the internet and social media.

The consumer products maker said that profits and sales will be at the higher end of its guidance ranges for the year.

The bank is the last of the biggest Wall Street giants to report third-quarter results.

The exact number of remaining employees at Expedia is unknown, but its LinkedIn page shows the company has more than 10,001 workers and over 21,800 of them are on the recruitment platform.

Taiwanese tech giant Foxconn and US hardware leader Nvidia said Wednesday they would team up to create "AI factories", powerful data processing centres that would drive the manufacturing of next-generation products such as electric cars.

Waymo has had two earlier rounds of workforce cuts, including in January, when its parent company Alphabet announced it was laying off around 12,000 employees.

Pichai later thanked Modi for the "terrific meeting" to "discuss Google's ongoing commitment to India." They talked about Google's plans to strengthen financial inclusion in the South Asian country, where residents have well-embraced digital technologies.

Epic Games, which acquired the Oakland, California-based company just a year ago, laid off roughly half of the staff after finalizing its sale to Songtradr on Monday, reports said. An X user said only "three people are left" at the company's music blog Bandcamp Daily.

Stack Overflow has seen a decline in traffic in the past one and a half years, and though the company has taken "many steps" to cut costs this year, these measures haven't been enough.

Adda247 secured $35 million last year from Google and WestBridge, but a funding winter this year appears to have caught up with the edtech startup.

EHang said it has become the world's first air taxi company to obtain airworthiness certification to fly passenger-carrying autonomous electric vertical take-off and landing (eVTOL) aircraft

U.S. stocks could get a boost from a better third-quarter earnings season, as bond yields ease.

US pharmacy chain Rite Aid filed for bankruptcy Sunday, the company said, after suffering declining sales and legal threats over its alleged involvement in the opioid crisis.

The CEO of the biggest US bank is concerned about the war in Ukraine and the conflict between Israel and Hamas.