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Business

Tesla speeds the EV industry’s South by Southwest drive

By mialalcom October 26, 2021October 20, 2021

Tesla Inc's (TSLA.O) decision to move its headquarters to Austin, Texas, from Palo Alto, California, accelerates the shift of electric vehicle industry jobs to Southern and Western U.S. states that…

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Business

United Steelworkers accuse Exxon of union busting at Texas refinery

By mialalcom October 25, 2021October 20, 2021

The labor union representing workers locked out of an Exxon Mobil Corp (XOM.N) refinery on Friday accused the oil company of trying to "bust our union" by supporting efforts to…

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Business

Apple asks judge to pause Epic Games antitrust orders as it appeals ruling

By mialalcom October 24, 2021October 20, 2021

Apple Inc (AAPL.O) on Friday asked a U.S. federal judge to put on hold orders that could require it to change some of its App Store practices and said that…

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Business

Tesla moving headquarters to Texas from California

By mialalcom October 23, 2021October 20, 2021

Tesla Inc (TSLA.O) Chief Executive Elon Musk said on Thursday the electric carmaker plans to move its headquarters from Silicon Valley's Palo Alto, California to Austin, Texas, where it is…

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Business

Top fossil fuel lender JPMorgan joins UN climate action finance plan

By mialalcom October 22, 2021October 20, 2021

JPMorgan Chase & Co (JPM.N) said Friday it was joining the United Nation's Net-Zero Banking Alliance, a group of global banks that have committed to dramatically reducing their carbon financing…

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Business

TSMC and Sony considering joint chip factory, Japan gov’t to help

By mialalcom October 21, 2021October 20, 2021

Taiwan's TSMC (2330.TW) and Japan's Sony Group Corp (6758.T) are considering jointly building a chip factory in Japan, with the government ready to pay for some of the investment of…

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Business

Evergrande says six execs have returned funds from advance redemption of products

By mialalcom October 20, 2021

Six executives of heavily indebted China Evergrande Group (3333.HK) have returned funds from early redemptions of the company's investment products, the property group said on Saturday. Evergrande, in a liquidity…

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