New EV battery plant fuels labor tensions as UAW strike looms
Stellantis and Samsung SDI announced plans Monday for another EV battery plant joint venture to open in 2027. But the announcement could make it more difficult to avoid a strike at Stellantis' existing US plants this fall.
2023-07-25 02:53
Todd Boehly-backed insurer Accelerant mulls IPO, stake sale, CEO says
By Pablo Mayo Cerqueiro, Echo Wang and David French LONDON/NEW YORK Accelerant is planning to raise fresh capital
2023-07-25 01:20
US fuelmaker profits to fall from last year's records
By Laura Sanicola U.S. refining profits are expected to fall from last year's records but remain strong as
2023-07-25 00:52
Chevron Considers Lithium Production in Latest EV Bet by Big Oil
Chevron Corp. is considering opportunities to produce lithium that would be used in electric vehicle batteries, Chief Executive
2023-07-24 23:26
Boeing investors to scrutinize cost of new Spirit AeroSystems labor deal
By Valerie Insinna WASHINGTON Boeing executives will face hard questions from investors about whether a recent labor deal
2023-07-24 22:28
Ryanair warns the post-pandemic travel boom may be coming to an end
The travel industry has defied a global economic slowdown, enjoying record bookings and profits as pent-up demand following the pandemic fueled spending on air tickets and hotels. But that may be starting to change.
2023-07-24 20:16
How stock market expectations have changed this year
The stock market has stayed remarkably resilient this year, to the surprise of many on Wall Street. As the economy and market continue to hum along, some investors' expectations for what's to come are shifting.
2023-07-24 19:55
Wall St sees bargains, lure of Europe buoying cruise, hotel earnings
By Doyinsola Oladipo NEW YORK The post-pandemic rebound of international travel, particularly to Europe, is expected to be
2023-07-24 18:22
Meta's Threads could lure ads from Twitter but it's early days, analysts say
By Akash Sriram, Samrhitha A and Sheila Dang Threads, Meta Platform's broadside to Twitter, is seen by some
2023-07-24 18:19
Singapore June core inflation rises 4.2%, matches forecast
SINGAPORE Singapore's key consumer price gauge rose 4.2% in June, matching economists' forecasts, official data showed on Monday.
2023-07-24 13:27
Chinese Residential Gas Prices Rise After Controls Loosened
More than a dozen Chinese provinces and cities have increased residential natural gas prices since late last month
2023-07-24 12:47
Posco Stock Jumps Most Ever on Bumper Profit and EV Battery Bets
Posco Holdings Inc. shares jumped as much as 24% on Monday, the most on record, extending a July
2023-07-24 11:55