Business News

Thomas Tuchel 'very interested' in becoming Man Utd manager
2024-05-08 12:09:48
The latest on Thomas Tuchel's alleged interest in succeeding Erik ten Hag as Manchester United manager.
Revealed: Man Utd's earnings from Jadon Sancho reaching Champions League final
2024-05-08 12:09:43
Manchester United are in line for a financial boost after Jadon Sancho's Borussia Dortmund reached the Champions League final.
US's largest public utility ignores warnings in moving forward with new natural gas plant
2024-05-08 09:22:58
The nation's largest public utility is moving ahead with a plan for a new natural gas plant in Tennessee despite warnings that its environmental review of the project doesn't comply with federal law. The Tennessee Valley Authority announced in April that it would replace the aging coal-burning Kingston Fossil Plant with gas amid growing calls for the agency's new board of directors to invest in renewables.
Japanese auto giant Toyota posts record net profit
2024-05-08 09:13:23
Toyota reported record annual net profit of more than $30 billion on Wednesday but the world's largest automaker by sales warned that the current year would be less spectacular.
Global car giants seek tech allies in China's cutthroat EV market
2024-05-08 09:13:17
Struggling foreign automakers in China are looking for help from local tech giants to try to stay competitive in the world's biggest electric car market, where shiny smart screens, assisted driving and sophisticated map technology are in high demand.
Samsung to buy French medical AI firm Sonio
2024-05-08 09:13:17
South Korean tech giant Samsung said Wednesday it will buy French artificial intelligence company Sonio to boost its cutting-edge medical diagnostic systems.
LIV Golf’s Louis Oosthuizen shockingly turns down PGA Championship invitation
2024-05-08 05:53:52
Louis Oosthuizen, who won the 2010 Open Championship at St. Andrews, reportedly declined an invite to compete at the 2024 PGA Championship.
Q&A: Economist says EVs can help drive US to carbon-neutral power grid
2024-05-08 01:02:22
Vehicle standards recently announced by the Environmental Protection Agency establish stringent new goals for manufacturers to slash greenhouse gas emissions and other forms of pollution, pushing the industry to accelerate a transition to electric vehicles.
Tesla bought over $2 million worth of lidar sensors from Luminar this year
2024-05-07 22:26:42
Tesla’s purchase was Luminar’s largest of the quarter.
Computer scientists discover vulnerability in cloud server hardware used by AMD and Intel chips
2024-05-07 17:39:40
Public cloud services employ special security technologies. Computer scientists at ETH Zurich have now discovered a gap in the latest security mechanisms used by AMD and Intel chips. This affects major cloud providers.
US seeks information from Tesla on how it developed and verified whether Autopilot recall worked
2024-05-07 14:12:28
Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated driving system.
5 smart mortgage moves to make this May
2024-05-07 14:06:33
Here's how experts say you can make the most of today's mortgage loan environment.
Heineken pledges nearly $50 million investment for "transforming tired pubs" in U.K. into eco-friendly faces of resilience
2024-05-07 14:06:20
Heineken said the investment is a demonstration of "confidence in the resilience of the great British local in the face of uncertainty."
Australian engineers develop an ultrasonic cold brew coffee machine
2024-05-07 13:46:40
A new method to deliver a quality cold brew coffee in less than three minutes solidifies Australia's position as the innovators of modern coffee, according to researchers from The University of Queensland.
Amazon says will invest $9 billion in Singapore
2024-05-07 07:54:09
Amazon said Tuesday it would invest US$9 billion in Singapore over the next four years to expand its cloud computing capabilities in the city.
Researchers say cybersecurity education varies widely in US
2024-05-07 05:37:39
Cybersecurity programs vary dramatically across the country, a review has found. The authors argue that program leaders should work with professional societies to make sure graduates are well-trained to meet industry needs in a fast-changing field.
Robinhood (HOOD) has received an SEC Wells Notice regarding crypto business
2024-05-06 23:34:03
The Wells Notice is a harbinger of potential legal action about to be taken against the trading app.
Can I take your order—and your data? The hidden reason retailers are replacing staff with AI bots
2024-05-06 19:53:46
You might have seen viral videos of Wendy's drive-thru customers in the United States ordering their fast food from the firm's generative AI bot Wendy's FreshAI. Most show a very human-like transaction punctuated with cries of amazement at how fast, accurate and polite the system is.
Australia's building sector must look at its carbon budget, say experts
2024-05-06 19:53:45
For decades, the construction industry has been largely driven by financial feasibility—focusing on cost optimization and return on investment.
The scaling back of Saudi Arabia's proposed urban mega-project sends a clear warning to other would-be utopias
2024-05-06 19:49:44
There is a long history of planned city building by both governments and the private sector from Brasilia to Islamabad.

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