Exclusive-US plans to blacklist company that ordered TSMC chip found in Huawei processor, source says
By Alexandra Alper and Karen Freifeld (Reuters) – The Biden administration plans to blacklist a Chinese company whose TSMC-made chip...
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Economy
FedEx’s trucking spin-off plan to fortify core business, boost industry
By Abhijith Ganapavaram (Reuters) -FedEx’s decision to spin off its freight trucking unit will strengthen that business while allowing the...
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Cytokinetics stock rises on Sanofi’s rights acquisition
Investing.com — Shares of Cytokinetics (NASDAQ:CYTK), Incorporated (NASDAQ:CYTK) climbed 4.8% after the company announced that Sanofi (NASDAQ:SNY) will acquire exclusive...
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Ironwood Pharmaceuticals shares surge on competitor’s woes
Investing.com — Shares of Ironwood Pharmaceuticals (NASDAQ:IRWD) soared by as much as 32% today, following a significant development in the...
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Factbox-The main points of Volkswagen’s deal with unions on German sites and jobs
FRANKFURT (Reuters) – Here are the main points of a deal struck on Friday between Volkswagen (ETR:VOWG_p) and unions on...
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Jefferies downgrades SoftBank as its $100 billion investment to limit buyback
Investing.com — Jefferies said SoftBank Group Corp’s (TYO:9984) over its $100 billion U.S. investment pledge may limit share buybacks and constrain...
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VW denies agreement with labor representatives but says progress has been made
Investing.com — According to a report from The Wall Street Journal on Friday, Volkswagen (ETR:VOWG_p) dismissed reports that it has reached...
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Eli Lilly, Avago lead market cap stock movers this Friday
Friday’s market has seen notable movements across various stocks, with significant activity in both the mega-cap and large-cap categories. Eli...
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Turkey stocks lower at close of trade; BIST 100 down 0.42%
Investing.com – Turkey stocks were lower after the close on Friday, as losses in the Leasing & Factoring, Telecoms and...
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Exclusive-US data-center power use could nearly triple by 2028, DOE-backed report says
By Laila Kearney NEW YORK (Reuters) -U.S. data center power demand could nearly triple in the next three years, and...
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