Stellantis, Samsung SDI To Build $2.5 Billion Indiana JV Battery Plant
By David Shepardson and Joseph White WASHINGTON (Reuters) -Stellantis NV and Samsung SDI said on Tuesday they will invest more…
May 24, 2022
Lawsuit accuses 3 automakers and parts maker in air bag case
DETROIT (AP) — A class action lawsuit is accusing three automakers and a parts manufacturer of knowingly selling vehicles containing…
Oh Snap! Social Media Stocks Lose Billions After Snapchat Parent Warning
By Nivedita Balu and Medha Singh (Reuters) – Snap Inc shares plunged more than 40% and sparked a sector-wide selloff…
U.S. FTC Launches Inquiry Into Infant Formula Shortage
WASHINGTON (Reuters) – The Federal Trade Commission said on Tuesday it had launched an inquiry into the ongoing shortage for…
Democrats: Google must protect privacy of abortion patients
More than 40 Democratic members of Congress are asking Google to stop what they see as the unnecessary collection and…
Ford pays $19M to settle claims on fuel economy, payload
SACRAMENTO, Calif. (AP) — Ford Motor Company on Tuesday settled claims by 40 U.S. state attorneys general that the company…
Russian Lawmakers Give Initial Approval To Bill Allowing Foreign Asset Takeover
(Reuters) – Russian lawmakers on Tuesday gave the first stamp of approval to a bill that would allow Russian entities…
Asian stock markets mixed after Wall St sinks further
BEIJING (AP) — Asian stock markets were mixed Wednesday after Wall Street sank on weak U.S. housing sales and a…
U.S. SEC Official Says Issues With U.S.-listed Chinese Firms Remain ‘significant’
WASHINGTON (Reuters) – An official at the U.S. Securities and Exchange Commission said on Tuesday that “significant issues remain” in…
India’s Andhra State In $16 Billion Pacts Involving Adani, GIC-backed Greenko – Officials
By Aditya Kalra DAVOS, Switzerland (Reuters) – India’s Andhra Pradesh has signed renewables investment pacts worth a total of around…