Tag: Corporate news
McDonald’s sales soar on strong US demand
<p>As America emerges from the pandemic, it's heading to McDonald's.</p>
<p>The...
Daimler Truck, Volvo to make fuel cells in Europe from 2025
<p>FRANKFURT, Germany — Germany's Daimler Truck AG and Sweden's Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe...
Gone Fission: Controversial nuke plant near NYC shuts down
BUCHANAN, N.Y. — Indian Point will permanently stop producing nuclear power Friday, capping a decades-long battle over a key source of electricity in the...
EU study: GMO laws needs overhaul; environmentalists protest
<p>BRUSSELS — A new European Union study finds that the two decade-old legislation on genetically modified organisms should be revamped, a process environmentalists claim...
Nokia profit soars on buoyant sales for 5G technology
HELSINKI — Wireless network maker Nokia on Thursday reported substantially improved, better than expected first-quarter profit on buoyant sales of its new generation 5G...
Samsung reports profit jump on smartphone, TV sales
SEOUL, South Korea — Samsung Electronics said Thursday its operating profit for the last quarter jumped 46% from a year earlier driven by increased...
GM: Software, new battery parts will solve Bolt fire issues
<p>DETROIT — Engineers at General Motors have figured out how to fix a battery problem with the Chevrolet Bolt electric hatchback that caused five...
Widespread infections early in the year weigh on Merck Q1
KENILWORTH, NJ — COVID-19 infections weighed Merck with so many people avoiding visits to hospitals or even the doctor early in the first quarter....
Best Buy president to leave after 17 years at chain
NEW YORK — Best Buy said Thursday that its president and chief operating officer is stepping down in July after more than 17 years...
Fired CEO: Remarks were over male teen’s behavior, not dress
<p>NASHVILLE, Tenn. — A Tennessee man who was fired from his position as CEO of a telemedicine company for remarks he made to a...