Ford Motor Co on Thursday boosted the amount of money it plans to invest on electric and autonomous vehicles to US$29 billion even as it posted a fourth-quarter net loss of US$2.8 billion.
U.S. stocks were higher on Thursday, extending recent gains after another batch of upbeat earnings and data suggesting the labor market may be stabilizing.
Snap Inc, owner of popular photo-messaging app Snapchat, on Thursday beat analysts' estimates for both user growth and revenue as the coronavirus pandemic prompted more people to use the app to connect with friends.
U.S. stocks were higher on Thursday, extending recent gains after another batch of upbeat earnings and data suggesting the labor market may be stabilizing.
A Texas court considering a state antitrust lawsuit against Alphabet Inc's Google is likely to hold a hearing on the company's request to move the trial to California, according to discussions at a status conference on Thursday.
Ford Motor Co said Thursday it is temporarily cutting shifts at two plants that built its flagship F-150 pickup trucks starting next week as a growing number of automakers have been hit by an ongoing semiconductor shortage.
Cameras on Google Pixel smartphones will be able to measure heart and breathing rates starting next month, in one of the first applications of Alphabet Inc's artificial intelligence technology to its wellness services.
Consulting firm McKinsey & Company on Thursday said it has agreed to pay nearly US$600 million to resolve investigations by most U.S. states into its alleged role in "turbocharging" sales of opioids, fueling a nationwide epidemic.
German venture capital firm MIG AG, which was among the first backers of COVID-19 vaccine developer BioNTech, has paid €600 million (US$719 million) to its investors, cashing out parts of an initial investment of €13.5 million
CNN President Jeff Zucker will leave the cable news network at the end of 2021, CNN said on Thursday.
