Daimler Truck Unveils €2 Billion Share Buyback Plan
Daimler Truck Holding established a new share repurchase program which will use up to €2 billion ($2.35 billion) to return...
Business
Alstom Lands $2.4 Billion Railcar Deal With New York
The French train manufacturer Alstom obtained a €2 billion ($2.4 billion) contract from New York’s Metropolitan Transportation Authority (MTA) to...
Summit, AstraZeneca Discuss $15 Billion Cancer Drug Deal
Summit Therapeutics conducts advanced talks with AstraZeneca about a possible partnership worth up to $15 billion according to sources who...
BYD Offers Huawei Driver Assist Discount in July Push
BYD the Chinese electric vehicle manufacturer offers Huawei's Qiankun assisted driving system at a discounted price through its July promotion...
Microsoft to Cut Nearly 4% of Staff Amid AI Costs
Microsoft will eliminate about 4% of its worldwide staff because its extensive artificial intelligence investments have led to significant cost...
Germany Urges Apple, Google to Drop Chinese AI App
The top German data protection authority demanded Apple and Google to delete DeepSeek's Chinese AI application from their platforms because...
Nike Surges on Tariff Strategy, Brand Revival Progress
Nike stock prices surged 13.3% during Friday trading after the company revealed its plan to decrease Chinese manufacturing exposure and...
UK Scrutinizes Boeing’s Spirit Deal for Competition Risks
The British antitrust authority is conducting an assessment of Boeing's $4.7 billion acquisition of Spirit AeroSystems because it was spun...
Boeing Faces Scrutiny Over 737 MAX 9 Mid-Air Incident
A federal judge has ruled that Anthropic’s use of copyrighted books to train its artificial intelligence model constitutes fair use...
CareerBuilder and Monster File for Bankruptcy, Plan Asset Sales
The online recruiting giants CareerBuilder and Monster have filed for Chapter 11 bankruptcy protection to sell their core business operations...
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