SHANGHAI (Reuters) – Ford Motor has decided to terminate plans to launch electric vehicle joint ventures with China’s Zotye Automobile, […]
Alibaba sets initial price guidance on $5 billion bond offering: term sheet
By Scott Murdoch HONG KONG (Reuters) – Alibaba Group Holding Ltd on Thursday set in motion its $5 billion U.S. […]
Two Google engineers resign over firing of AI ethics researcher Timnit Gebru
By Jeffrey Dastin and Paresh Dave SAN FRANCISCO (Reuters) – An engineering director and a software developer have quit Alphabet […]
Ford’s forecast in focus as it wraps up year with quarterly loss
By Rachit Vats (Reuters) – Ford Motor Co’s investors are likely to brush aside the company’s quarterly loss on Thursday […]
Qualcomm shares drop as chip supply constraints hold back sales
By Stephen Nellis (Reuters) – Qualcomm Inc shares fell 7.6% in after-hours trading on Wednesday as the company said that […]
New York hedge fund founder pleads guilty to Neiman Marcus fraud
By Jonathan Stempel NEW YORK (Reuters) – A New York hedge fund founder pleaded guilty on Wednesday to bankruptcy fraud […]
Ebay earnings beat on pandemic-driven surge in online shopping; shares soar
By Akanksha Rana and Jeffrey Dastin (Reuters) – E-commerce firm eBay Inc said on Wednesday it would emerge “stronger” from […]
Chesapeake Energy cuts 15% of workers as it emerges from bankruptcy
(Reuters) – U.S. shale oil and gas producer Chesapeake Energy Corp plans to cut 15% of its workforce, an email […]