Business, Technology

Waning EV Market Drags Down Chipmakers’ Shares

A waning electric vehicle market is dragging down shares of companies making chips for automobiles, with their limited exposure to AI excluding them from a broader rally. 

Henry Ren | Bloomberg News
April 19, 2024
Business

Walmart to Spend on US Products, Create 750,000 Jobs

Walmart Inc. pledged to support American manufacturers by spending an additional $350 billion on items made, grown or assembled in the U.S. over the next 10 years.

Henry Ren | Bloomberg News
March 3, 2021
Government, Business

US Factory Gauge Eases From Two-Year High as Employment Cools

U.S. manufacturing expanded at a slower pace in November, easing back from the strongest reading in two years as orders, employment and production cooled.

Henry Ren | Bloomberg News
December 1, 2020
Government, Business

US Companies Add Fewer Jobs Than Forecast, ADP Report Shows

U.S. companies added fewer jobs in October than forecast, a private report showed, indicating the absence of additional fiscal stimulus is prompting some firms to adjust payrolls as the pandemic continues to wear on the recovery.

Henry Ren | Bloomberg News
November 4, 2020