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Yellen to visit China to talk economic stability
U.S. Treasury Secretary Janet L. Yellen is slated to fly to China on Wednesday in an effort to try to...
Lithium shortage pushing carmakers into mining ventures
In order not to fall further behind Tesla and Chinese electric vehicle car companies, many U.S. and European auto giants...
Tesla deliveries up 83% in the second quarter
Tesla's global deliveries increased by 83% in the second quarter of 2023, encouraged by price cuts and hefty discounts. Tesla...
Fox to pay $12 million to settle hostile workplace suit
Fox News agreed late Friday to pay $12 million to former producer Abby Grossberg, who had accused the network of having a...
Nvidia warns of losses if US bans AI chip exports to China
New federal restrictions on the sale of artificial intelligence semiconductors to China could lead to major financial losses for the American...
VW replaces Audi CEO
Volkswagen on Thursday announced that it will be replacing its luxury brand Audi CEO Markus Duesmann effective Sept. 1. Duesmann...
Microsoft CEO says $75 billion Activision deal won’t prevent competition
The heads of Microsoft and Activision Blizzard defended the planned merger of their companies in court on Thursday, saying that the deal will...
PG&E asks for $7 billion government loan to limit California wildfire risk
The Pacific Gas and Electric Company (PG&E) on Thursday applied for a $7 billion federal loan to fund its ambitious...
US considering new restrictions on AI chip exports to China
The U.S. government is contemplating applying new restrictions for the sale of artificial intelligence chips to China. The Commerce Department...
$200 billion stolen from US Covid relief programs
More than $200 billion have been stolen from the U.S. government's Covid-19 relief programs, a federal watchdog said Wednesday, adding...
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