SoftBank’s Arm Faces Wall Street Scrutiny After Biggest US IPO Since 2021
Major Wall Street bank analysts will begin weighing in on one of the most-watched initial public offerings in
2023-10-06 22:19
Auto workers worry it takes less labor to build electric cars. Maybe not, some researchers say
A traditional car engine is a complex wonder of engineering, with pistons moving up and down, springs compressing and decompressing, spinning shafts, opening and closing valves and spinning gears meshing together. That's not to mention a transmission, connecting the engine to the wheels, that's a complex machine all its own. An electric motor, on the other hand, is really just some magnets wrapped in wires and it only needs a single speed transmission. That simplicity worries the United Auto Workers union.
2023-10-06 21:52
It's the last day of the largest health care strike in US history
The largest health care strike in US history is now in its third, and final, day.
2023-10-06 18:52
Hyundai, Kia to adopt Tesla EV-charging standard from 2024 in US
SEOUL (Reuters) -Hyundai Motor and Kia Corp said on Thursday that they had decided to adopt Tesla Inc's electric vehicle
2023-10-05 21:54
Volvo Cars September sales rise 25%, demand up in China
STOCKHOLM Volvo Cars' sales grew 25% in September from a year earlier to 61,666 cars as sales grew
2023-10-05 15:28
World’s Biggest Sovereign Fund Buoys Recovery in US IPOs
Norway’s oil and gas is helping to fuel the nascent recovery in US initial public offerings. Norges Bank
2023-10-05 15:22
McCarthy's ouster could hurt the US economy
The fights between Washington lawmakers have become increasingly vicious even when the stakes could not be higher. Squabbles on the Hill have consequences, and the latest may lead to another credit downgrade that could seriously damage the US economy.
2023-10-04 09:24
US car sales climb despite strike and rising interest rates
US new car sales soared in the third quarter, despite the combination of a strike at General Motors, Ford and Stellantis, high prices and rising interest rates.
2023-10-04 04:27
Carlyle pulls back from US consumer bets as part of strategic overhaul -source
By Anirban Sen (Reuters) -Private equity firm Carlyle Group plans to pull back from investing in U.S.-based consumer, media and
2023-10-03 07:16
Birkenstock Draws Norwegian Wealth Fund to $1.6 Billion IPO
Birkenstock Holding Ltd. and its private equity owner are seeking as much as $1.6 billion from an initial
2023-10-02 22:51
Health care is in crisis. The looming strike by 75,000 health workers is just another sign of that
Savonnda Blaylock, a pharmacy technician in northern California, has worked for health care giant Kaiser Permanente for 22 years and she's never been on strike. That could change on Wednesday when she becomes one of 75,000 workers who participate in the nation's largest health care strike in history.
2023-10-02 03:56
Why there was never a good place to put your purse in a car, but there is now
When a woman gets in the driver's seat of a car she often faces a challenge. Where to put her bag There's just not a good place. There's the passenger seat, if its empty, or the footwell in front of it or even on the back seat, if you don't mind reaching all the way back there.
2023-09-30 21:48