US Business
Helicopter Tours Are Booming, Despite Spotty Safety Record
Last week’s fatal crash involving a sightseeing helicopter in New York was the latest in a string of similar disasters.
US Business
US Business
Nvidia to Make AI Supercomputers Entirely in U.S.
Nvidia said it would start producing AI supercomputers that will be manufactured entirely in the U.S.
US Business
Intel to Sell Majority Stake of Altera to Private Equity Firm Silver Lake
Intel will sell a majority stake of its programmable-chip unit to private-equity firm Silver Lake.
US Business
Farmers’ Favorite Weedkiller Nears Its End, Bayer Warns
The German company cites mounting costs from lawsuits blaming Roundup for causing cancer.
US Business
OPEC Cuts Oil Demand Outlook Amid U.S. Tariff Hit Despite Output Hike
The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise decision to boost output, citing the impact of U.S. tariffs on the global economy and crude consumption.
US Business
China’s WeRide Wants to Build Global Robotaxi Empire
The Chinese autonomous-driving company is aiming to make more inroads overseas this year, betting that robotaxis and related services will be in high demand in coming years.
US Business
Tesla to Recall Cars in China on Safety Concerns
Tesla China plans to fix 1.2 million China-made and imported vehicles with software issues.
US Business
CaixaBank’s CFO Sees Case for Dealmaking Among Europe’s Banks
Growth through acquisitions isn’t part of CaixaBank’s latest three-year plan, it should be for other banks in Europe, Caixa’s finance chief Javier Pano said in an interview.
US Business
Rolls-Royce Strikes Contract to Supply Nuclear Reactors for U.K. Submarines
Rolls-Royce will manufacture nuclear reactors to power new U.K. submarines under a contract valued approximately at $11.1 billion.
US Business
Burberry Sees Positive Signs as Turnaround Plan Continues
The company upgraded its earnings outlook as sales returned to growth in the Americas, saying efforts to revamp its brand showed positive signs over the key holiday period.