Tag: Production facilities
AMD buying server maker ZT Systems for $4.9 billion as chipmakers strengthen AI capabilities
AMD is buying server maker ZT Systems in a cash-and-stock deal worth $4.9 billion as the chipmaker strengthens its artificial intelligence capacity in...
Warren Buffett details Berkshire's Apple, Chevron and Capital One sales while also buying more Chubb
OMAHA, Neb. -- Warren Buffett offered more details Wednesday about the stocks he has been selling lately, including confirming that he sold more...
Indians who prepaid $1,000 to order Tesla EVs ask for their money back as cars fail to arrive
HANOI, Vietnam -- In April 2016, Elon Musk invited Indians to preorder the upcoming Tesla Model 3. Vishal Gondal was one of the...
Stellantis warns union of 2,000 or more potential job cuts at an auto plant outside Detroit
Stellantis is warning that it could lay off as many as 2,450 of the 3,700 union workers employed at a truck plant just...
China auto sales fall in July, while exports jump about 20% as automakers expand across the globe
BANGKOK -- Auto sales in China faltered in July, slipping 5% from a year earlier, the China Passenger Car Association said Friday, although...
Mounjaro, Zepbound pour money into Eli Lilly, fueling a better-than-expected second quarter
INDIANAPOLIS -- Eli Lilly blew past second-quarter expectations with the diabetes treatment Mounjaro and its weight loss counterpart Zepbound funneling more than $4...