Tag: Corporate news
Amazon brings back former executive to run cloud business
NEW YORK — Amazon said Tuesday that it’s bringing back a former executive to run its cloud-computing unit, which has become the online shopping...
Stock trading app company Robinhood files plan to go public
CHARLOTTE, N.C. — Stock trading app company Robinhood said Tuesday that it has submitted a confidential plan to go public later this year.
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Parler network founder claims GOP donor, others defamed him
LAS VEGAS — The developer of the conservative social network Parler is alleging he was defamed and improperly ousted by a prominent Republican Party...
Intel announces Arizona expansion as chipmaker seeks footing
CHANDLER, Ariz. — Intel announced Tuesday it will build two new factories in Arizona and outsource more of its production as a new CEO...
A very happy anniversary for the stock market
<p>NEW YORK — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its...
Saudi oil giant Aramco reports 30% drop in payments to state
DUBAI, United Arab Emirates — Saudi Arabia’s state-backed oil giant Aramco paid the Saudi government 30% less in taxes in 2020, the company reported...
Auto industry braces for more chip shortages after fire
<p>NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered...
A very happy anniversary for the stock market
NEW YORK — It was one year ago that the terrifying free fall for the stock market suddenly ended, ushering in one of its...
Big railroad deal seen more likely to gain regulators’ OK
<p>OMAHA, Neb. — Wary regulators have not approved a major railroad merger since the 1990s, but industry analysts say Canadian Pacific's proposed $25 billion...
Auto industry braces for more chip shortages after fire
NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered...