Focus on Business
Albemarle loses more than $1 billion in Q3 on falling lithium prices
The company reported a net loss of $1.11 billion, compared to a net profit of $302.5 million, in the year-ago quarter.
Arm second-quarter revenue and profit top expectations, shares slide
Arm Holdings surpassed Q2 earnings expectations with strong revenue growth from its new v9 tech, fueling AI optimism.
Qualcomm forecasts sales, profits above Wall Street estimates
Qualcomm surpasses Wall Street forecasts with strong Q1 projections, driven by gains in PCs and recovering smartphone sales.
Stellantis to lay off 1,100 workers at Ohio Jeep plant
The automaker recently shook up its senior management in an attempt to turn around its slipping sales in the region.
Tesla investors lose bid for new US trial over Musk’s 2018 tweets
A U.S. appeals court upheld a verdict clearing Elon Musk and Tesla of liability in the 2018 "funding secured" tweet case.
Texas voters reelect conservative Craddick to lead oil regulator
Texas reelects Christi Craddick as oil regulator chair, supporting industry growth amid environmental pressures on orphan wells.
Pembina Pipeline seeing increased interest from potential Cedar LNG suppliers: CEO
Pembina Pipeline's Cedar LNG project gains momentum as increased supplier interest follows a $4B green-light decision.
MEG says 2024 production to come in at low end of forecast due to wildfires
MEG Energy anticipates 2024 production at the low end of its forecast due to wildfires and cold weather impacts earlier this year.
Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform
Lyft partners with Mobileye, May Mobility, and Nexar to advance self-driving taxis and compete with Uber in the robotaxi market.
Hedge funds turn attentions to bank, bond and oil trades under Trump
Hedge funds eye oil price shifts as Trump’s win hints at increased U.S. drilling.
