Joe Biden's campaign has privately told U.S. miners it would support boosting domestic production of metals used to make electric vehicles, solar panels and other products crucial to his climate plan, according to three sources familiar with the matter, in a boon for the mining industry.
Intel on Thursday (Oct 22) missed third-quarter revenue estimates for its data-centre chip unit as the COVID-19 pandemic crippled sales to government and business customers, sending its shares down 10 per cent.
US companies' borrowings for capital investments fell about 13 per cent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday (Oct 22).
Shares on Wall Street ended higher on Thursday in choppy trading, as investors cheered the prospect of more fiscal stimulus to support a pandemic-damaged U.S. economy, with more data pointing to a slowing labor market recovery.
Mattel Inc reported a surprise rise in quarterly sales on Thursday and forecast more growth in the holiday season, as retailers rushed to restock their shelves of Barbie dolls and other toys in high demand from stuck-at-home kids.
Intel Corp raised its annual sales and adjusted profit forecast on Thursday as a global shift to remote work continued to fuel demand for its data center chips that power internet-based services. The company said it now expects annual revenue of US$75.3 billion and adjusted earnings of US$4.90 ......
U.S. President Donald Trump ordered a review of decade-old pension cuts to some retirees at a former General Motors parts unit.
U.S. companies' borrowings for capital investments fell about 13per cent in September from a year earlier, the Equipment Leasing and Finance Association (ELFA) said on Thursday.
Tesla's executive overseeing construction of the electric carmaker's "gigafactory" in Berlin has left his position, a source familiar with the matter told Reuters on Thursday.
The addition of Amy Coney Barrett to the Supreme Court, moving it further rightward, could have significant consequences for U.S. climate change policy and complicate the government's ability to regulate pollution, according to legal experts.
