Tag: Breaking News: Business
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U.S. auto market predictions for 2030: More hybrids, no Chinese entrants
Despite growing speculation that it won’t be long until Chinese autos are sold in the U.S., John Murphy doesn’t expect that to happen by 2030.
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Novo Nordisk rebrands to ‘Novo,’ unveils corporate changes as it fights for obesity market share
The Danish drugmaker called the changes the beginning of a new chapter for the company, which faces stiff competition from Eli Lilly.
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Anthropic’s Amodei says China presents ‘toughest dilemma’ for his proposed AI slowdown
OpenAI CEO Sam Altman, Demis Hassabis, the chair of Google DeepMind, and Elon Musk have all welcomed Amodei’s proposal.
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Anthropic’s Amodei proposes plan to ‘slow the pace’ of advancing AI capabilities
Amodei’s essay landed after an Anthropic researcher set off a firestorm on social media this week by announcing he quit his job at the company.
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GM plans U.S. battery development as Trump’s DOT attacks Ford for China ties
Most battery cells currently rely on raw materials from China. GM is seeking to establish domestic supply chains both for EVs and energy storage.
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Saudi Arabia shut down East-West crude oil pipeline after multiple attacks
Iran-allied Houthi militants in Yemen have escalated strikes on Saudi Arabia this week.
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Record U.S. cyclosporiasis outbreak is over, CDC says
The largest outbreak, linked to shredded iceberg lettuce from Taylor Farms, sickened more than 12,000 people.
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25 years after 9/11, the U.S. starts rolling back travel restrictions, from liquids to gate access
Years after 9/11, the U.S. government is walking back some security screenings as threats and technology evolve.
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This retail stock is 80% off its high. Cramer says it’s still not time to buy
CNBC’s Jim Cramer said the retailer remains in the doghouse.
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Ford announces $1 billion investment at Kentucky plant following DOT criticism on China
Ford Motor on Thursday announced a $1 billion investment to build a new paint shop at its crucial truck plant in Kentucky.
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