Business News

When the Francis Scott Key Bridge collapsed in Baltimore, it was a disaster not only for the sheer amount of destruction, but because the accident prevented access to one of the busiest ports in the U.S.

In retrospect, the turnaround—and just how fast it happened—is difficult to believe.

Last summer, the northern hemisphere was the hottest it has been for 2,000 years.

BYD will introduce to Europe a low-cost electric vehicle, which will be priced at no more than €20,000 ($21,550), based on its Chinese Seagull model, the

Chinese lithium-ion battery maker CATL and French shipping company CMA CGM will set up a joint venture to explore the potential of creating an

China’s e-commerce giant Alibaba reported an 86% profit slump in the March quarter despite revenue growing 7% from a year earlier, largely due to changes

Tencent’s profit jumped 54% to RMB 50.3 billion ($7.1 billion) in the first quarter thanks to the Chinese tech giant’s so-called “high-quality revenue

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The EU on Thursday opened a formal investigation into Facebook and Instagram on suspicion the platforms owned by Meta are causing addictive behavior in children.

Chinese internet giant Baidu announced Thursday its slowest quarterly revenue growth in over a year, as competition between top players in the country's cutting-edge tech sector intensifies.

The Bay Area's wobbly tech industry is showing signs of stabilizing after suffering years-long waves of wrenching layoffs unleashed by the sector's quest for improved efficiency.

Easyjet said Thursday that chief executive Johan Lundgren would step down at the start of 2025 after seven years piloting the no-frills airline, notably through COVID turbulence.

Troubled Japanese industrial giant Toshiba said Thursday that it plans to cut up to 4,000 jobs domestically as part of a restructuring program.

European consumer groups on Thursday accused Chinese shopping app Temu of using "manipulative techniques" to force users to spend more and other violations of a landmark EU tech law.

Google's use of artificial intelligence to sum up answers to search queries has publishers wondering if traffic to their websites will wither.

Since announcing plans in late March to replace CEO Dave Calhoun at the end of 2024, Boeing's problems have seemingly gone from bad to worse, complicating an already daunting executive search.

German industrial giant Siemens said Thursday it will sell its electrical motors business Innomotics to private US equity firm KPS Capital Partners for 3.5 billion euros ($3.8 billion).

Arab League summit convenes in Bahrain to address the Gaza conflict and regional integration. Concerns arise over Israel's isolation amid shifting alliances and diplomatic challenges.

The popular Sony-backed single-chip computer maker is making waves in the UK as it plans to launch its IPO on London's main stock market.

Juhl will take over from previous interim CEO Jurgen Goeldner, who has been nominated as Chairman of the Payday 3 developer's Board of Directors.