updated - August 4, 2020 Tuesday EDT
Tech giant Apple may be gearing up for an entry into the auto industry, with a Reuters reporting that CEO Tim Cook had visited the headquarters and a factory of BMW to learn more about the business.
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The top U.S. auto safety regulator said on Friday that other carmakers must move to address potential cyberhacking vulnerabilities of their vehicles after several cybersecurity experts showed it is possible to remotely take over Internet-enable vehicles.
Germany' Volkswagen snatched the top spot from Japan's Toyota as the world's largest automaker after selling more vehicles in the first half of 2015.
Footwear and sports apparel giant Nike Inc. is set to settle a lawsuit filed against the company for selling a popular company device that allegedly supplies inaccurate data on users fitness activity.
Amazon.com Inc. founder and CEO Jeff Bezos has a lot to be happy about these days.
Several top U.S. companies have promised to support the Obama administration's latest initiative to address climate change, committing $140 billion in investments to reduce carbon emissions ahead of a United Nations summit this year.
Automaker Fiat Chrysler is set to face a record $105 million in fines for unsatisfactory execution of its recalls for millions of vehicles, according to a Wall Street Journal Report.
Apparel maker Converse introduced on Friday redesigns to its iconic sneaker Chuck Taylors to improve comfort and boost sales.
AT&T Inc., the second largest wireless carrier in the United States, announced on Friday that it had completed its acquisition of DirecTV, the leading pay TV company in the country, a deal valued at $48.5 billion that creates the biggest cable company in the U.S.
Following its sale of the daily newspaper Financial Times to Japanese media group Nikkei, Britain's Pearson confirmed on Saturday plans to sell its stake in weekly business magazine The Economist as the British firm continues to exit the media business.
US healthcare insurer Anthem, Inc. announced on Friday a deal to buy rival Cigna Corporation for $54.2 billion to create the largest player in the industry,but the transactions is expected to draw scrutiny from regulators amid concerns that the consolidation may limit options for consumers.
Online payment platform Paypal Holdings Inc. is set to make its return to the Nasdaq on Monday with a market value larger than its parent company eBay Inc.
Solar power company SunEdison Inc announced on Monday a deal to buy Vivint Solar Inc for about $2.2 billion to enter the residential and commercial solar power business.
JPMorgan Chase & Co will pay $388 million in exchange for settling a lawsuit by investors who claimed they were misled by the bank on the soundness of purchasing $10 billion worth of residential mortgage-backed securities it sold before the financial crisis.
Google Inc added close to $65 billion to its market value last Friday, after it outperformed profit expectations on the strong performance of its Youtube business and in anticipation of more disciplined spending.
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