Influential shareholder adviser ISS wants Siemens to return to in-person annual general meetings and has recommended shareholders vote against allowing virtual meetings in the coming years, according to a proposal seen by Reuters. The U.S.-based proxy advisory firm’s advice comes ahead of the Munich-based technology group’s annual general meeting on Feb. 13, where the matter…
Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling a sluggish start to the trendsetting company’s effort to catch up to the rest of Big Tech in the race to bring artificial intelligence to the masses Apple on Thursday disclosed its iPhone sales dipped slightly during the holiday-season quarter, signaling…
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September Global shares mostly rose Thursday after the U.S. Federal Reserve opted not to cut interest rates for the first time since…
Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other incentives, but the results still fell short of Wall Street forecasts Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero financing and other…
UVeye, a startup that uses AI-driven technology to inspect vehicles to avoid defects and target repairs, said on Wednesday it has raised $191 million in debt and equity to scale up production in North America and Europe. The company’s $41 million funding round was led by Woven Capital, the investment arm of Toyota and its…
Japanese technology group NEC Corp has been talking to its advisers about the possibility of making an offer for CSG Systems, which provides customer care and billing solutions for cable and phone companies, according to people familiar with the matter. Tokyo-based NEC has been working with investment bankers at Morgan Stanley on a potential offer…
Early moves by the president raise questions about what direction his second-term policy on drug costs will take. Amid a flurry of executive actions on his first day back in office, President Donald Trump gave the first official indications of his administration’s approach to health care by scrapping existing orders aimed at expanding health coverage under the Affordable Care Act and strengthening…
Global stocks have advanced in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks as the panic over Chinese AI company DeepSeek fades Global stocks mostly advanced Wednesday in thin Lunar New Year trading following a rebound on Wall Street driven by tech stocks, as investors focused on the Federal…
Smithfield Foods’ CEO Shane Smith says he hopes that everything the company has done to make working in its plants more attractive ever since COVID tore through the industry during the pandemic will help it weather the impact of President Donald Trump’s promised mass deportations Smithfield Foods’ CEO says he hopes that everything the company…
Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting progressive values in liberal Minneapolis, where it is based, and beyond Target’s rollback on diversity, equity and inclusion initiatives is raising questions about the retail giant’s philanthropic commitment to fighting racial disparities and promoting…
