By The Financial District
Wall Street Reassessing Tesla’s Position In "Magnificent 7"
Tesla has some work ahead if it wants to maintain its standing among tech elites.
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By The Financial District
Nov 41 min read
Alphabet Stock Jumps As Earnings Beat Estimates
Alphabet's stock has surged almost 6% after the Google parent reported fiscal third-quarter earnings that surpassed analysts' expectations..
By The Financial District
Nov 41 min read
Wendy’s To Close 140 Additional U.S. Restaurants
Wendy’s has announced plans to close 140 U.S. restaurants by the end of this year, adding to the 100 closures it disclosed in May.
By The Financial District
Nov 41 min read
Nvidia To Replace Intel On Dow Jones Industrial Average
Intel will be replaced by Nvidia on the blue-chip Dow Jones Industrial Average index after a 25-year run, highlighting shifts in the chip...
By The Financial District
Nov 31 min read
Apple Launches iPhone With AI Tech And Free Software Update
Apple is releasing a free software update that will introduce its first dose of artificial intelligence (AI) into its iPhone 16 lineup as...
By The Financial District
Nov 32 min read
MSpectrum Partners With Emperador Distillers For Solar Rooftop Projects
MSpectrum Inc., a wholly owned solar subsidiary of the Manuel V. Pangilinan-led Manila Electric Company (Meralco), has strengthened its...
By The Financial District
Nov 31 min read
Exxon Mobil Profit Beats Projections For 3Q
Exxon Mobil’s third-quarter profit surpassed analysts’ expectations, aided by contributions from Pioneer Natural Resources, a recent...
By The Financial District
Nov 22 min read
Samsung’s $122-B Wipeout Shows The Cost of Sleeping On AI
Samsung, South Korea’s largest company has become a stark example of how quickly fortunes can change in an industry where success depends...
By The Financial District
Nov 22 min read
Elon Musk — Who Rails Against "Illegals In America" — Worked As Illegal Alien In The U.S.
Tesla and SpaceX CEO Elon Musk — the world's wealthiest man — has been vocal in his criticism of undocumented immigrants since becoming...
By The Financial District
Nov 21 min read
Ford Cuts 2024 Earnings Guidance Due To Warranty Expenses, Slow Cost-Cutting
Stubbornly high warranty expenses and slow progress in cutting costs are hampering Ford Motor Co.'s profits this year.
By The Financial District
Nov 22 min read
VW Faces Strikes Over Plant Closures As Profits Sink
Workers at Volkswagen have threatened strikes unless management backed down from planned factory closures in Germany, further complicating..
By The Financial District
Nov 21 min read
Bataan Freeport Zone Allegedly Operating As Scam Hub Raided
Authorities have raided a large facility inside the freeport zone in Bataan, allegedly operating as a scam hub, and rescued close to a...
By The Financial District
Nov 11 min read
PetroChina Set To Shut Top North China Refinery Next Year
PetroChina is set to shut its largest domestic oil refinery around mid-2025, sources said, marking the country’s first major closure at a...
By The Financial District
Nov 11 min read
Renault Tops Expectations As New Model Boosts Sales
French car manufacturer Renault has experienced better-than-expected revenue performance in the third quarter of the year, as demand for...
By The Financial District
Nov 11 min read
Coca-Cola Austria Recalls Millions Of Plastic Bottles Over Safety Concerns
Coca-Cola HBC Austria has issued a recall for millions of plastic bottles following concerns that some products may contain metal.
By The Financial District
Nov 11 min read
Russia Fines Google An Amount Larger Than Global GDP
A Russian court has ordered Google to pay a sum so large that even the Kremlin admitted to NBC News reporter David Nodari that it was more..
By The Financial District
Nov 11 min read
Volkswagen to Close 3 Factories In Germany
Volkswagen's management plans to close at least three plants, cut tens of thousands of jobs, and reduce pay by 10% for remaining staff.
By The Financial District
Nov 12 min read
Largest Data Center In The Philippines To Be Ready By Next Year
ST Telemedia Global Data Centres (STT GDC) Philippines has announced that its first phase of operations for the STT Fairview 1 data center..
By The Financial District
Nov 11 min read
Boeing, Striking Union Hold Meeting After Contract Rejection
A union representing about 33,000 striking U.S. West Coast factory workers said recently that it had met with Boeing for the first time...
By Lito U. Gagni
Nov 12 min read
ERC Chair Dimalanta Reassumes Post; NGCP Review Expected
Malacañang has reinstated Energy Regulatory Commission (ERC) Chair Monalisa Dimalanta following the lifting of her preventive suspension...
By The Financial District
Oct 312 min read
PAGCOR Sees 42% Rise In Revenues To PHP79.43 Billion
The Philippine Amusement and Gaming Corporation (PAGCOR) announced today that its revenues for the first nine months of the year reached...
By The Financial District
Oct 312 min read
One Meralco Foundation: Lighting Up Homes, Livelihoods... And Lives In Caloocan
A total of 98 low-income households in Camarin, Caloocan now have safe and reliable access to electricity, thanks to support from One...
By The Financial District
Oct 311 min read
Mining Giants Sign $30 Billion Settlement For 2015 Brazil Dam Disaster
Mining giants BHP and Vale have signed a nearly $30-billion (£23-billion) settlement with the Brazilian government in connection with the...
By The Financial District
Oct 312 min read
AboitizPower And Visayan Electric Illuminate Cebu’s Energy Future
Aboitiz Power Corporation, in collaboration with its subsidiary Visayan Electric Company Inc. (Visayan Electric), recently hosted an...
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