The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors is set to report fourth-quarter earnings before the bell Tuesday. Here is what Wall Street is expecting, according to average estimates compiled by LSEG: Earnings per share: $1.89 […]
The Gulf of Mexico as seen on Google Maps. Source: Google Maps Google said Monday it will change the name of Gulf of Mexico to “Gulf of America” after the government updates its “official government sources.” The company also said it will start using Mount McKinley, which is currently called Denali. Last week, President Donald
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., during a news conference in Taipei, Taiwan, on Tuesday, June 4, 2024. Nvidia is still working on the certification process for Samsung Electronics Co.’s high-bandwidth memory chips, a final required step before the Korean company can begin supplying a component essential to training AI platforms. Annabelle
Nvidia calls China’s DeepSeek R1 model ‘an excellent AI advancement’ Read More »
Photo illustration of TikTok app logo on a smartphone screen displayed with the American flag. Nurphoto | Nurphoto | Getty Images Perplexity AI on Sunday revised the merger proposal it had submitted to TikTok parent ByteDance. The proposal, which would create a new entity combining Perplexity and TikTok U.S., would now also allow for the
U.S. President Donald Trump speaks about prescription drug prices during an appearance in the Brady Press Briefing Room at the White House in Washington, U.S., November 20, 2020. Carlos Barria | Reuters Pharmaceutical companies appear to be hopeful about their growth under a Trump administration, after former President Joe Biden took a hardline stance on
Pharma is hopeful about Trump’s second term — here’s what to expect for drugmakers Read More »
BYD Shark plug-in hybrid electric pickup truck Michael Wayland / CNBC DETROIT — There’s a Shark circling one of the greatest profit pools for American automakers globally, as Chinese automaker BYD Auto expands its reach and product portfolio with a pickup truck. Without the vehicle’s branding badge, the BYD Shark could pass as an American-made
Why this China-made BYD Shark pickup is drawing attention in the global truck market Read More »
As out-of-control wildfires threatened thousands of Los Angeles residents earlier this month, the companies that fight infernos from the air raced to send their air tankers and water bombers to the area. It was supposed to be the off-season. The California Department of Forestry and Fire Protection, or Cal Fire, has more than 60 fixed-wing
Aerial firefighting companies’ new challenge: Keeping up with demand Read More »
Customers exit a Target store on November 20, 2024 in Austin, Texas. Brandon Bell | Getty Images Target on Friday said it’s rolling back diversity, equity and inclusion programs — including some that aim to make its workforce and merchandise better reflect its customers. In a memo sent to its employees, the Minneapolis-based retailer said
Target rolls back DEI initiatives, the latest big company to retreat Read More »
Twilio CEO Khozema Shipchandler speaks at Twilio’s Signal event in Sao Paulo on Aug. 14, 2024. Courtesy: Twilio Twilio shares soared more than 20% on Friday and headed for their biggest gain since the early days of the Covid pandemic after the cloud communications software vendor issued an uplifting profit forecast for the coming years. The
Twilio shares pop 22% and head for biggest gain since Covid pandemic on growth forecast Read More »
A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration taken January 19, 2025. Dado Ruvic | Reuters President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles
Trump is searching for potential TikTok buyers — who are the likely contenders? Read More »
