Jive News

BYD, a Chinese automaker, is facin' potential new US tariffs on its electric vehicles.


Tesla is investin' $500 million in its chargin' network after recent layoffs, which could slow down Biden's plan to electrify highways.

Ford is considerin' offerin' gas-powered vehicles and hybrids in Europe beyond 2030 and buildin' new partly electric wheels at its Spanish plant from 2027.


McDonald's is explorin' the option of launchin' a $5 meal deal to attract more customers.


Shein, a Chinese fast-fashion retailer, is steppin' back from its London IPO preparations amid US hurdles to listin'.


Twitter, now known as X, lost a lawsuit against an Israeli data-scrapin' company, facin' legal challenges related to data privacy.


Renaissance Technologies announced the passin' of its founder, billionaire mathematician James Simons, at 86.


Lucid, an American electric vehicle manufacturer, saw its former executive take over as Ford's new CFO.


Fisker, an American electric vehicle startup, is facin' a preliminary probe by US authorities over issues with its brake system.


Foxconn, a Taiwanese electronics manufacturer, reported a significant jump in Q1 profit and expects AI to power its future growth.


Honda is rampin' up its R&D spendin' to expand its hybrid vehicle offerin's, premiered its new SUV Elevate in New Delhi, and posted a six-fold increase in Q4 operatin' profit.


China Construction Bank is bein' sued by Porch in the US over reinsurance fraud losses.


Lidl UK raised staff pay for the third time in 12 months, investin' in its workforce amid a competitive retail environment.


SoftBank is expected to return to loss in Q4 despite the strength in tech stocks and is in talks with Naver over control of Line operator Z Holdings.


Rio Tinto had reportedly considered a bid for BHP-target Anglo American, highlightin' the ongoin' consolidation in the minin' industry.
BHP is facin' a potential challenge from Rio Tinto in its pursuit of Anglo American, raisin' concerns among shareholders in Japan's steel industry.


Anglo American is at the center of a potential biddin' war between BHP and Rio Tinto, with its future ownership structure remainin' uncertain.
Boein' is facin' concerns from President Biden over the lockout of its firefighters and is under investigation by the SEC regardin' its statements on safety practices.


Target is cuttin' back on LGBTQ Pride month products in some stores after facin' backlash.


Exxon may face opposition from CalPERS in the re-election of its CEO to the board.


Apple apologized for its iPad Pro 'Crush' ad after facin' criticism and is plannin' to power its AI servers with its own chips, accordin' to Bloomberg News.


Warner Bros Discovery is feelin' the squeeze from a studio slump and weak ad spendin', impactin' its financial performance.
Naver and SoftBank are in talks over control of Line operator Z Holdings.


OCBC Bank posted a record Q1 profit and made a $1 billion bid to take Great Eastern private.


OpenAI is plannin' to announce a Google search competitor on Monday.


BP is lookin' to expand its EV chargin' unit in the US after Tesla disbanded its Supercharger team.


Airbnb saw its stock slump after providin' a gloomy forecast that fanned slowdown fears.


US Cellular is reportedly in talks with T-Mobile and Verizon about potential asset sales.


Tapestry, the owner of Coach, cut its sales forecast due to tepid demand in the US and China.


Calpine is explorin' options, includin' a potential $30 billion sale.
Robinhood reported record quarterly results, driven by a rebound in retail tradin'.


Citgo Petroleum reported a $410 million profit in the first quarter.
Pirelli confirmed its guidance after reportin' better-than-expected Q1 operatin' profit.


United Airlines is facin' scrutiny from a US watchdog over the FAA's oversight of its maintenance practices.


Bain Capital invested $250 million in Sikich, a professional services firm.


Amazon reported a 7% increase in US online retail spendin' from January to April, driven by demand for cheaper products.


Nestle's coffee brand Nescafe announced a $196 million investment in Brazil by 2026 to tap into surgin' demand.


Roblox saw its shares fall the most in two years after cuttin' its forecast, addin' to the gloom in the videogame industry.


Norfolk Southern is facin' a potential challenge from activist investor Ancora, which is poised to win board seats.


Zeekr, a Chinese premium electric vehicle brand owned by Geely, soared nearly 35% in its US market debut.

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