Business News

Nvidia’s lead in the AI chip race has made it the fourth most valuable company in the world.

Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies in a trend that has helped boost their profits and stock prices while providing a sobering reminder of the job insecurity hanging over an industry increasingly embracing artificial intelligence.

British energy group Shell on Wednesday forecast that world demand for liquefied natural gas would jump more than 50 percent by 2040, fueled by China dumping coal.

Lyft shares jumped 62% after the closing bell Tuesday thanks in part to a typo in the ride-hailing company's earnings release that appears to have sent investors' auto-trading algorithms—or "bots"—into a buying frenzy.

Italy's competition authority on Wednesday fined British American Tobacco's Italian division six million euros ($6.4 million) and Amazon one million euros for misleading advertising of a heated tobacco product.

German auto supplier Continental said Wednesday it would cut some 7,150 posts worldwide by 2025 as the difficult switch to electric vehicles forces companies in the sector to retool.

French automaker Renault on Wednesday said it had bounced back into profit in 2023 as sales rose due to new models and price increases that helped it attain a record margin.

In September, the governing board of Santa Cruz Metro made a big bet on the future of green public transit when it approved the purchase of 57 buses fueled by hydrogen—the largest order of hydrogen-fueled buses made so far in the U.S.

Influencers on X are monetizing misinformation about conflicts in the Middle East, leveraging the platform's contentious policies that researchers say prioritize engagement over accuracy.

Japanese electronics and entertainment company Sony's profit rose 13% in October-December on growing growing sales of music, image sensors and video games, the company said Wednesday.

Mexico could grow its economy while saving the planet by building biorefineries that can turn seaweed, sugar cane, cooking oil and even vegetable peel into fuel and pharmaceuticals. Now, the country needs a new 'bioeconomy plan' to unlock its potential, according to a large study from the University of Surrey and Mexico's Instituto Mexicano del Petroleo, published in the Journal of Cleaner Production.

To solar or not to solar? While a stable and predictable profit is an important factor to Pennsylvania farmers considering leasing out their land for solar energy development, it's not enough on its own, according to a new study led by Penn State researchers.

For decades, most of the wastewater from the Mahou San Miguel brewery in the northeastern Spanish city of Lleida was flushed down the drain.

Tech company layoffs exceeded 260,000 in 2023, and continue in 2024. This, despite a robust job market in non-tech industries.

The French government said Monday it was suspending a scheme to lease electric cars from just 100 euros ($109) a month after subsidizing more than double the number of vehicles planned for 2024.

Chile is embarking on a European hunt for investors in solar, wind and green hydrogen technologies as it looks to decarbonize copper mines and other industries reliant on fossil fuels.

With this investment, Nvidia is said to be attempting to get ahead of skyrocketing demand for custom chips powering AI technology.

The owner of VANGO Toys sat down with us to discuss the latest business.

Perhaps don't count Microsoft out of the console game just yet.

The discussion will take place on the Xbox official podcast and feature Matt Booty, Sarah Bond, and Phil Spencer.