Biden Orders Probe Into Foreign Car Parts, Citing China Risks
President Biden warned that connected vehicles could collect sensitive data for foreign governments, posing a national-security risk. Source link
BUSINESS News
Breaking Business News/Latest Business Updates/World Business News Update
Anheuser-Busch, Teamsters Avert Strike With Tentative Deal
The union, which represents about 5,000 brewery workers, had threatened to strike March 1 if a deal wasn’t reached by...
Air France-KLM Misses Forecasts as Israel-Hamas War Takes Toll
Air France-KLM’s losses were worse than analysts expected for the fourth quarter after the Israel-Hamas war disrupted travel to the...
FAA Gives Boeing 90 Days to Come Up With Quality-Control Plan
The U.S. Federal Aviation Administration has asked Boeing to develop a comprehensive action plan within 90 days to address its...
New York Attorney General Sues Meatpacker JBS Over Climate Claims
The suit alleges the world’s largest meatpacker lied about its impact on the environment to win over climate-conscious customers. Source...
Wendy's Makes It Clear After Backlash: No Surge Pricing
The fast-food company says its dynamic-pricing strategy was misconstrued. Source link
Exxon Throws a Wrench in Chevron's $53 Billion Deal for Hess
The Texas oil company has said it could pre-emptively match the price Chevron offered Hess for its 30% stake in...
Boeing Efforts to Improve Safety Fall Short, FAA Panel Says
Government and industry experts have completed a review of the plane maker’s safety practices after two 737 MAX crashes. Source...
FTC Sues to Block $25 Billion Kroger-Albertsons Merger
The Federal Trade Commission sued to block Kroger’s bid for rival Albertsons, throwing into uncertainty the fate of one of...
U.K. Housebuilders Investigated by Competition Watchdog Over Information Sharing
The U.K.’s competition regulator has launched an investigation into whether eight housebuilders have shared commercially sensitive information with their competitors....
Fox News's Streaming Playbook: Hollywood Stars and Conservative Documentaries
A Matthew McConaughey-narrated show about Texas wildlife is set to join the streaming service Fox Nation this spring. Source link
Norfolk Southern Seeks to Thwart Activist With New Board Picks
The railroad proposes two new director candidates after an activist group launched a proxy battle. Source link
BYD Aims for New Frontier With $233,000 Sports Car
BYD’s launch of a $233,000 sports car underscores the Chinese electric-vehicle maker’s ambitions to boost its market share across the...
Li Auto Forecasts Softer Sales After Posting Surge in Quarterly Result
Chinese electric-vehicle maker Li Auto expects a sequential drop in deliveries in the first months of 2024, after a blockbuster...
Vice Media to Stop Publishing on Vice.com, Plans to Cut Hundreds of Jobs
The cuts follow a failed effort by owner Fortress to sell embattled digital publisher and its brands. Source link
Social-Media Company Reddit Files for IPO
The company, which first filed confidentially for an IPO in late 2021, didn’t detail how many shares it would issue,...
Thousands of AT&T Customers Lose Cell Service
Nearly 75,000 customers reported problems texting and making calls on Downdetector. Source link
Nestlé Warns on Sales Growth as Inflation Continues to Bite
Nestlé reported full-year earnings and sales that were just shy of expectations, and cautioned that sales growth will moderate this...
Lenovo Snaps Revenue Declines, Bets On AI-Powered Tech
The world’s largest PC maker said it expects the global PC sector to recover to a level structurally higher than...
China's Stock-Sale Ban Eases Path to Propping Up Reeling Markets
China’s reported ban on the net sales of equities during market opens and closes theoretically makes it easier to prop...
