Taiwan's TSMC to invest $2.9 billion in new plant as demand for AI chips soars
TSMC, the world's largest chipmaker, says it plans to invest nearly 90 billion New Taiwan dollars ($2.9 billion) to build an advanced chip plant in Taiwan, as it expands production to meet booming demand for artificial intelligence (AI) products.
2023-07-25 16:51
The rise of gig workers is changing the face of the US economy
Labor market experts say the number of gig workers is growing, and their alternative working arrangements are rippling through the economy.
2023-07-25 01:49
'It comes up on you fast:' Scorching heat is crushing American businesses
A 119-degree day in Phoenix hits like a blast of hot air from the oven with no relief in sight, and for a business owner like Lyn Thomas, there's hardly any avoiding it.
2023-07-23 22:22
Microsoft-Activision deal back in hands of UK regulator after court pauses appeal
LONDON (Reuters) -Microsoft's Activision Blizzard deal is back in the hands of Britain's antitrust regulator after an appeals court granted
2023-07-22 03:24
Europeans are still flocking to the scorching Mediterranean. But extreme heat could dent bookings in future
Spain and Italy may still be among the most popular destinations for Europeans to take their vacations, but there are signs scorching weather in southern Europe has started to change travelers' calculations on where to go in the future.
2023-07-21 21:50
US FTC withdraws case against Microsoft-Activision deal before internal agency judge
WASHINGTON The U.S. Federal Trade Commission on Thursday withdrew the agency's case before an in-house judge that sought
2023-07-21 06:25
American Airlines, pilot union to work on improvements to tentative contract agreement - union memo
By Rajesh Kumar Singh CHICAGO American Airlines and its pilot union have begun negotiations to improve the tentative
2023-07-20 00:52
Microsoft and Activision extend their deal deadline
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.
2023-07-19 21:48
Activision, Microsoft extend deadline to close $69 billion deal to Oct. 18
(Reuters) -Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion takeover by
2023-07-19 20:57
Striking writers and actors accuse NBCUniversal of blocking picket area
LOS ANGELES (Reuters) -Hollywood's striking Writers Guild of America (WGA) and SAG-AFTRA actors' union filed a grievance with the National
2023-07-19 08:46
Exclusive-American Airlines pilot deal in 'jeopardy' after United's contract agreement -union memo
By Rajesh Kumar Singh CHICAGO American Airlines' pilot union has warned that the ratification of the company's new
2023-07-19 05:26
Hollywood Reporter: Tom Cruise negotiated with movie studios over AI before the actors strike began
Before talks between the Hollywood actors' union and major film and TV studios broke down, the SAG-AFTRA union enlisted Tom Cruise to lobby on behalf of its members, according to the Hollywood Reporter.
2023-07-19 04:53