News
Reckitt Benckiser CEO Laxman Narasimhan to step down
Reckitt Benckiser CEO Laxman Narasimhan will step down at the end of September and leave for a new position in...
Toyota triples investment in U.S. battery plant
Toyota is investing an extra $2.5 billion in a U.S. facility that will manufacture batteries for “green vehicles”, the company...
Gorbachev, the last leader of the Soviet Union, dies at 91
The last president of the Soviet Union, Mikhail Gorbachev, died at the age of 91 on Tuesday after a long...
Bed Bath & Beyond to cut jobs, close stores in bid to fix struggling business
Bed Bath & Beyond is closing stores and laying off staff to secure more than $500 million to fix its...
Job openings top 11.2 million in July, vacancies revised higher
U.S. job openings increased in July showing no signs that demand for labor was slowing, the Bureau of Labor Statistics...
Best Buy sales drop as inflation hits consumer electronics
Best Buy reported a smaller-than-expected drop in quarterly comparable sales on Tuesday. The retailer sales dropped by about 13% in...
First Solar announces new U.S. plant following the Inflation Reduction Act
First Solar will build a new solar panel manufacturing facility in the U.S., the company announced on Tuesday. The Tempe,...
Elon Musk says the world needs more oil and gas
The world must continue to extract oil and gas or civilization will crumble, Tesla CEO and founder Elon Musk said...
NASA scrubs launch of Artemis I moon mission after engine issue
NASA's Artemis I moon mission was postponed after problems with one of the rocket's four engines, the agency reported early...
Honda, LG Energy plan $4.4 billion EV battery Plant in U.S.
Japanese car maker Honda and South Korea’s battery supplier LG Energy Solution will set up a new lithium-ion battery plant...
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