Toyota Motor is set to acquire Lyft's self-driving technology division for $550M, the companies announced, as the Japanese company steps up its automation plans.
United Parcel Service reported a record quarterly profit and revenue on pandemic-fueled demand for deliveries and air transportation, sending its shares up 2.1% to $197.07 in premarket trading.
Mastercard and the US crypto exchange Gemini are set to launch this year the first card, which would give users digital currency rewards of up to 3% on purchases, in 2021.
Raytheon Technologies, the US aerospace manufacturer, has lifted its full-year sales outlook's lower end on Tuesday, boosted by the robust performance of the company's defence unit as well as commercial air travel's recovery.
On Tuesday, General Electric reported a 20% plunge in its Q1 profit, tumbled by a decline in the aircraft engines demand as carriers struggle to recover following the pandemic.
The US conglomerate 3M has topped Wall Street's expectations for its Q1 profit and revenue, boosted by growing demand for personal safety products during the pandemic.
Thoma Bravo, the private equity company, is set to acquire the cybersecurity firm Proofpoint in a $12.3B worth all-cash deal, amid rising demand for network security, as many people work remotely due to the pandemic.
On Tuesday, oil rose to $66 a barrel ahead of the OPEC+ meeting over oil production policy amid concerns that the coronavirus crisis in India could hit the fuel demand recovery.
Apple is planning to build a new North Carolina campus, which would house up to 3K employees, and raise its spending goals with US suppliers.
Volkswagen's Mexico division is planning more of its output stoppages in May amid the global chip shortages, Germany's carmaker announced on Monday.
UBS reported on Tuesday its Q1 net profit rose as much as 14% due to surging client activity levels, however, marked its loss of $774M amid its debacle with the US investment company Archegos.
On Tuesday, HSBC Holdings reported better-than-anticipated quarterly profit and released $400M the company had set aside for covering the coronavirus-induced bad loans, amid successful launch of the COVID-19 vaccines.
On Monday, Lyft announced that it had sold its self-driving tech to Toyota for $550M US Dollars.
On Monday, the stock price of Tesla reacted to the higher than expected earnings of the company.
On Monday, the US government announced that its new capital gain tax would impact only 0.3% of US taxpayers.
During Monday's US trading hours, US stock indices reached a new record high, as Nasdaq and S&P 500 reached new high levels.
Apple Inc is set to build a new facility in North Carolina for up to 3K employees, expand operations in other states and increase spending targets with local suppliers.
Unilever is set to acquire food supplement firm brand Onnit, joining its rivals, such as Nestle SA, in broadening its portfolio of brands focused on nutrition and health.
Spotify Technology SA announced its intention to increase the prices over some of the subscription plans in the Uk and the US from April 30.
Tyre maker Michelin revealed a 2.3% increase in first-quarter sales to €5.45B, the first quarterly rise since the Q4 of 2019, before the pandemic.
Tesla is planning to add new electric vehicle components recycling facilities at the Shanghai plant to reproduce and repair battery cells and electric motors, the US electric carmaker reported on Monday.
On Monday, Apple announced its plans to build a new North Carolina campus that would house around 3K employees, as well as expand the company's operations in other parts of the United States and boost its spending goals with US suppliers.
Unlike car manufacturing leaders, such as Ford Motor and General Motors, the US dealers are winning from the global chip shortage, as the deficit lifts their profit, as they charge a full price for the top-demanded trucks and SUVs.
Moderna's vaccine against COVID-19 is set to be reviewed by technical experts as soon as April 30 for potential WHO emergency listing, the World Health Organization said on Monday.