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…
Category: Business
United Steelworkers accuse Exxon of union busting at Texas refinery
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…
Apple asks judge to pause Epic Games antitrust orders as it appeals ruling
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…
Tesla moving headquarters to Texas from California
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…
Top fossil fuel lender JPMorgan joins UN climate action finance plan
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…
TSMC and Sony considering joint chip factory, Japan gov’t to help
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…
Evergrande says six execs have returned funds from advance redemption of products
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…