Browsing: News

Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed Wednesday for the second time in as many days, a devastating blow…

Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases while it watches progress unfold in…

Nokia will slash up to 14,000 jobs in a major cost-cutting drive, it said in a statement on Thursday. The Finnish telecom giant announced the move…

Nokia on Thursday said it would cut up to 14,000 jobs as part of a cost reduction plan following a plunge in third-quarter earnings.The Finnish telecommunications…

Taiwan Semiconductor Manufacturing Company reported a third-quarter profit of 211 billion New Taiwan dollars ($6.69 billion) on Thursday as weak demand for consumer electronics persists. While that…

General Motors and Honda, along with Cruise — GM’s autonomous driving subsidiary — have agreed to create a driverless ride-hailing company in Japan. The company will…

LOS ANGELES — Netflix shares surged after the closing bell Wednesday as the company reported a boost in subscriber growth driven by a password-sharing crackdown efforts…

Tesla reported third-quarter results after the bell on Wednesday. Shares rose as much as 2.4% in after-hours trading after the report crossed, but then sank more…

Longtime Costco chief executive Craig Jelinek will step down at the end of the year, the company said Wednesday. Ron Vachris, Costco’s president and chief operating…

Architecture firms reported a sharp drop in business in September, indicating that the commercial real estate market could experience even more pain in the next year.The…