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A smartphone with a displayed TSMC (Taiwan Semiconductor Manufacturing Company) logo is placed on a computer motherboard in this illustration taken March 6, 2023.

TSMC says 'A16' chipmaking technology will start production in late 2026

Reuters |Updated 1 hour ago |1 min read

SANTA CLARA, California (Reuters) - Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called "A16" will enter production in the second half of 2026. At a conference in Santa Clara, California, TSMC's ...

Caterpillar logo is pictured at the 'Bauma' Trade Fair for Construction Machinery, Building Material Machines, Mining Machines, Construction Vehicles and Construction Equipment in Munich, Germany, April 8, 2019.

Caterpillar, Deere inventories in focus as machinery demand plateaus

Deborah Mary Sophia |Updated 1 hour ago |3 min read

By Deborah Mary Sophia (Reuters) - Equipment inventories will be in focus when Caterpillar, Deere and CNH Industrial report quarterly results in the coming weeks, as investors await clues on demand in what is expected to be a lukewarm year for ...

U.S. Secretary of Transportation Pete Buttigieg attends a press briefing the day after the collapse of the Francis Scott Key Bridge in Baltimore, at the White House in Washington, U.S., March 27, 2024.

Buttigieg says Boeing must meet FAA quality plan before raising 737 MAX output

David Shepardson |Updated 2 hours ago |2 min read

By David Shepardson ARLINGTON, Virginia (Reuters) - U.S. Transportation Secretary Pete Buttigieg said on Wednesday that Boeing must meet a government mandate to address systemic quality-control issues within 90 days before it will be able to ...

An aerial view shows the headquarters of the Central Bank of Brazil (C) in Brasilia January 20, 2014.REUTERS/Ueslei Marcelino/File Photo

Short-term market moves must not spook Brazil central bank, director says

Reuters |Updated 3 hours ago |2 min read

SAO PAULO (Reuters) - Brazil's central bank director Gabriel Galipolo said on Wednesday that the monetary authority should not get spooked with "short-term" market fluctuations and will need time to understand how recent moves affect its ...

A Bank of America logo is seen on the entrance to a Bank of America financial center in New York City, U.S., July 11, 2023.

Bank of America shareholders reject proposal to split CEO, chair roles

Reuters |Updated 3 hours ago |1 min read

NEW YORK (Reuters) - Bank of America shareholders rejected a proposal to divide the CEO and chairman roles held by Brian Moynihan on Wednesday at the company's virtual annual meeting. Proxy advisers had recommend investors vote for the bank to ...

Goldman Sachs chairman and CEO David Solomon speaks during Goldman Sachs analyst impact fund competition at Goldman Sachs Headquarters in New York City, U.S., November 14, 2023.

Goldman Sachs, BofA shareholders reject proposals for CEO-chair split

Reuters |Updated 6 minutes ago |2 min read

By Saeed Azhar and Nupur Anand SALT LAKE CITY, Utah, NEW YORK (Reuters) -Goldman Sachs and Bank of America shareholders voted against proposals to divide the CEO and chairman roles at both banks on Wednesday, bucking pressure from influential proxy ...

U.S. flag and TikTok logo are seen through broken glass in this illustration taken March 20, 2024.

TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere'

Reuters |Updated 26 minutes ago |3 min read

By David Shepardson WASHINGTON (Reuters) - TikTok's chief executive said on Wednesday that the company expects to win a legal challenge to block legislation signed into law by President Joe Biden that he said would ban the popular short video app ...

A young woman makes a video of her friends with a mobile phone to post on TikTok in Times Square in New York City, New York, U.S., March 13, 2024.

TikTok artists and advertisers to stay with app until 'door slams shut'

Sheila Dang, Dawn Chmielewski and Danielle Broadway |Updated 3 hours ago |4 min read

By Sheila Dang, Dawn Chmielewski and Danielle Broadway (Reuters) - Ban or no ban, TikTok's partners in the music and advertising world plan to stick with the massively popular short-form video platform until the bitter end, seven industry leaders ...

An employee works on an Airbus A220-300 at the Airbus facility in Mirabel, Quebec, Canada February 20, 2020.

Airbus says it accepts request by Canadian union for conciliation

Reuters |Updated 3 hours ago |1 min read

OTTAWA (Reuters) - Airbus said on Wednesday that it had accepted a request for conciliation by Montreal-area workers who assemble the company's smallest jet, but had no intention of increasing its offer. Union members had on Sunday rejected a ...

The logo of Swiss bank UBS is seen at the bank's branch in Shanghai, China, March 20, 2023.

UBS faces new lawsuit by Appaloosa over Credit Suisse $17 billion bond wipeout

Jonathan Stempel |Updated 3 hours ago |2 min read

By Jonathan Stempel (Reuters) - A new lawsuit by U.S. hedge fund Appaloosa LP accuses the former Credit Suisse of misleading investors about its health before $17 billion of its bonds were written down to zero in a government-orchestrated rescue ...

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