US home sales rebound slightly in February U.S. home sales picked up slightly in February but remain sluggish due to tight inventories, affordability problems and nasty winter weather. More
Philippines mulls pullout of Syria peacekeepers The Philippine foreign secretary says he is recommending to President Benigno Aquino III to pull out all Filipino U.N. peacekeepers from the Golan Heights following the abduction of four by Syrian rebels. More
Dollar rises above 100 yen for 1st time in 4 years The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
Western Observers Critique China’s Overproduction, but Chinese Laborers Hold Different Views Ren Wenbing hesitates to depart from the dilapidated brick structure that once housed a bustling factory in Dongguan, China’s manufacturing epicenter. “All of us workers are stunned,” remarks the ... 04/19/2024 - 10:14 am | View Link
Germany’s AllianzGI looks to tap China’s ‘thriving investment landscape’ as it gets licence to operate onshore fund management company Germany’s Allianz Global Investors looks forward to tapping mainland China’s ‘vast potential and steady growth’ after getting the green light to operate an onshore fund management company there, says ... 04/18/2024 - 10:57 pm | View Link
EXCLUSIVE: KraneShares CIO Talks Intel And AMD, As China Seeks Semiconductor Self-Sufficiency KraneShares CIO Brendan Ahern shares his views on new directives and implications for semiconductor companies. 04/18/2024 - 4:12 am | View Link
The West says China makes too much. Its workers disagree "All the workers feel astonished," says the 54-year-old as he points out where he once assembled furniture and where everyone would gather to eat lunch. The owner of the company has moved production ... 04/17/2024 - 1:22 pm | View Link
Gov. Newsom and California show why liberals can't be trusted with the economy It was only a matter of time before California's economy reacted to failed tax hikes, hefty regulations and liberal policies. 04/16/2024 - 10:26 pm | View Link
A new bill would prevent Clear customers from jumping to the front of the queue at security checkpoints. But Delta, United, and other carriers aren’t on board.
California could become the first state to transform backlash to services offering front-of-queue privileges into a law that targets TSA line-jumpers.
Buried in the earnings release, Tesla did something it doesn’t typically do: It gave investors some firm dates on near-term plans.
There’s very little good news in Tesla’s Q1 earnings. Earnings per share and revenues both missed analyst expectations. Vehicle deliveries were at their lowest level since the third quarter of 2022.
Employees and suppliers were left blindsided after the Chicago-based grocery startups, which recently merged, abruptly shut down and laid off workers.
Foxtrot and Dom’s Kitchen & Market, two popular Chicago-based grocery startups, abruptly ceased operations on Tuesday. The news comes five months after the two businesses announced they were merging into one entity, Outfox Hospitality.
The Traffic Coordination System for Space is designed to rely on minimal government infrastructure and will run on the AWS cloud.
Government IT projects are known for being challenging, and one of the biggest currently underway is the U. S. effort to forge a civil space traffic coordination platform.
By TOM KRISHER and DAVID HAMILTON (AP Business Writers)
Tesla’s first-quarter net income plummeted 55%, but its stock price surged in after-hours trading Tuesday as the company said it would accelerate production of new, more affordable vehicles.
The Austin, Texas, company said it made $1.13 billion from January through March compared with $2.51 billion in the same period a year ago.
Investors and analysts were looking for some sign that Tesla will take steps to stem its stock’s slide this year and grow sales.