Teck Resources Nears Deal to Sell Coal Business to Glencore
The companies are said to be in advanced talks on a deal that would value the coal assets at close to $10 billion.
ICBC Hackers Used Methods Previously Flagged by U.S. Authorities
The attack stemmed from Lockbit 3.0 ransomware and two tactics targeting the users of services managed by Citrix, Treasury officials say.
AstraZeneca Hopes New Weight-Loss Pill Will Be a Cheaper Option
The drug is aimed at those looking for less dramatic weight loss.
Fisker Shares Fall More Than 10% After EV Startup Cuts Production Target
The company lowered its output forecast following worse-than-expected revenue and losses in the third quarter.
Foxconn Profit Rises as Margins Improve
Foxconn Technology Group reported a rise in third-quarter net profit thanks partly to an improvement in margins even as revenue from consumer electronics and cloud and networking equipment fell.
Tesla to Double Component Imports From India, Trade Minister Says
Tesla plans to double its component imports from India, the country’s Trade Minister Piyush Goyal said in a post on social-media platform X.
New Diageo Boss Bets She Can Make the World Love Tequila
As growth slows and the stock slumps, Debra Crew is pushing tequila beyond the U.S. and margaritas.
Chrysler Parent Stellantis Prepares to Offer Buyouts to U.S. Salaried Workers
Jeep maker Stellantis is planning to offer a new round of buyouts to roughly half of its U.S. white-collar employees.
Hyundai Motor America to Raise Alabama, Georgia Employees’ Hourly Wages
The adjustment will result in hourly wages increasing 25% by 2028, the automaker said.
Tesla’s Cybertruck contract restricts reselling vehicle within the first year
Tesla has a surprising clause in its terms of service just for the Cybertruck: you can’t sell it for at least one year without the company’s consent.
Source: Dow Jones Newswires