SEATTLE: Shares in Spirit AeroSystems Holdings Inc tumbled 13 per cent on Tuesday (Jun 23) after the key Boeing Co supplier warned it was seeking relief from its lenders due to Boeing's move to reduce parts shipments substantially this year. As Spirit grapples with fallout over Boeing's 737 MAX...
NEW YORK: The Nasdaq jumped to another record on Tuesday (Jun 23) as investors embraced improving economic data and shrugged off large coronavirus case increases in many parts of the United States. The tech-rich Nasdaq Composite Index finished up 0.74 per cent at 10,131.37 as it notched its second ......
Dell Technologies Inc is considering spinning off its roughly US$50 billion stake in cloud computing software maker VMware Inc , the Wall Street Journal reported on Tuesday.
U.S. Justice Department officials and some state attorneys general are set to meet on Friday to discuss ongoing antitrust probes into Alphabet Inc's Google unit , a person briefed on the matter said.
U.S. Treasury Secretary Steven Mnuchin said on Tuesday that a decoupling of the U.S. and Chinese economies will begin to occur if U.S. companies are not allowed to compete on a fair and level basis in China's economy.
Microsoft Corp on Tuesday set a five-year diversity goal to address racial inequality at its offices, following protests over police brutality against African Americans in the United States.
Conflicting talk from Trump administration officials about "decoupling" the U.S. economy from China is running into challenging reality: Chinese imports of U.S. goods are rising, investment by American companies into China continues, and markets are wary of separating the world's biggest economies.
BRUSSELS: Ireland and Luxembourg, European headquarters to Google, Facebook, Twitter and Amazon, need a substantial boost in resources to deal with data breaches by U.S. tech giants, a European Union report said. The report by the European Commission, seen by Reuters, sought to assess the ...
U.S. President Donald Trump has suspended the entry of some foreign workers in a bid to boost domestic hiring, sparking opposition from corporate America and tech sector executives including Google's Sundar Pichai and Tesla's Elon Musk.
Semiconductor maker Nvidia Corp said on Tuesday it struck a deal with Germany's Daimler Mercedes-Benz to provide cars produced from 2024 with a chip and software platform that can eventually be used for autonomous driving functions.
