Intel Lands Pentagon Deal to Support Domestic Chip Making
Intel Corp. said it would provide commercial foundry services in the first phase of a broader Defense Department program that...
Business
Topps SPAC Merger Collapses After Loss of MLB Trading-Card Deal
Topps Co.’s plan to go public in a blank-check merger has been derailed by new exclusive contracts that Major League...
Iraqi Lawmakers Call for Probe Into GE, Siemens Electricity Contracts
Members of an Iraqi parliamentary commission are calling for an investigation into large power-generation contracts struck with General Electric Co....
Huawei CFO Meng Wanzhou’s extradition hearings have finally wrapped up. The case isn’t over yet
But the case isn't over yet. Meng now awaits the decision of Canadian Associate Chief Justice Heather Holmes as to...
Companies Are Hoarding Record Cash Amid Delta Fears
Companies are sitting on a record amount of cash amid lingering uncertainty about disruptions from Covid-19, defying expectations earlier this...
Synchrony’s Margaret Keane Credits These Advisers With Helping Her Reach the Top
In Personal Board of Directors, top business leaders talk about the people they turn to for advice, and how those...
Airbnb Revenue Nearly Quadrupled in Second Quarter
Airbnb Inc.’s second-quarter revenue nearly quadrupled, rebounding from the lows of the pandemic and exceeding pre-pandemic levels, as domestic travel...
Bill Gates pledges $1.5 billion to climate projects in the infrastructure bill
The $1.2 trillion bipartisan infrastructure bill — which still needs to be passed by the House — has more than...
Adidas Agrees to Sell Reebok to Authentic Brands
Adidas AG said it has agreed to sell Reebok to Authentic Brands Group for up to 2.1 billion euros, the...
NortonLifeLock Agrees to Buy Cybersecurity Provider Avast
NortonLifeLock Inc. agreed to acquire and combine with cybersecurity firm Avast PLC in a cash-and-stock deal that would extend the...
EU sues AstraZeneca after delays in vaccine deliveries
The 27 nations of the European Union had ordered 300 million doses of the Covid-19 vaccine from the British-Swedish drugmaker...
Lidl Ireland becomes first major retailer to offer free period products
The grocery giant said in a statement Monday that it's the world's first major retailer to offer such an initiative,...
Egypt impounds Ever Given ship over $900 million Suez Canal compensation bill
An Egyptian court ordered the vessel's Japanese owner, Shoei Kisen Kaisha, to pay $900 million in compensation as a result...
IBM spinoff joins a long list of questionable corporate names
That is the actual name of the IT services unit that IBM is spinning off from its core business. Soon,...
One of Costco’s secret weapons is coming back
Costco shut down seating areas in food courts when the pandemic spread through the United States last March. It pared...
Milk-free Milo and meatless ‘pork’: Nestlé and other brands bet big on plant-based food in Asia
The product is one of Nestlé's newest plant-based inventions, and it will be launched in the region this week, the...
$300 a day for a Kia Rio. Why rental cars prices have gone insane
A year ago, air travel came to a near halt, leading to a glut of rental cars. Rental companies parked...
Why facial piercings could help boost mall traffic
Signet Jewelers (SIG), owner of Zales, Kay Jewelers and Jared, is betting on facial piercings becoming popular during and after...
Elon Musk invites Vladimir Putin for a conversation on Clubhouse
On Saturday, the Tesla CEO tagged the Kremlin's official account to ask if the Russian president would like to join...
Hyundai’s latest concept ‘car’ walks to places it can’t drive
The Hyundai Tiger X-1 has four wheels, each powered by an electric motor. Each of those wheels is on the...
