Category: Business

Bed Bath & Beyond Inc (BBBY.O) shares tumbled 35% after the bell on Thursday as billionaire investor Ryan Cohen exited the struggling home goods retailer by selling his stake following a stunning rally in the meme stock this month. Cohen’s Read more

Asian aircraft lessor BOC Aviation Ltd (2588.HK) said nine aircraft deliveries due in the first half had slipped into later periods because of manufacturer delays related to supply-chain and regulatory issues as well as labour shortages. The lessor said client Read more

U.S. auto safety regulators on Thursday asked Tesla Inc (TSLA.O) to answer questions about its in-car camera intended to monitor driver awareness as part of a probe into 830,000 Tesla vehicles that employ the carmaker’s advanced driver assistance system called Read more

General Motors Co (GM.N) and LG Energy Solution (373220.KS) are considering a site in Indiana for a fourth U.S. battery cell manufacturing plant, a spokeswoman for the companies’ joint venture said on Thursday. Ultium Cells LLC “is developing a competitive Read more

Most members surveyed by the American Chamber of Commerce in Taiwan said they had not been significantly affected by recent Chinese military drills around the island, but had heightened concerns, the group said on Friday. China, which claims Taiwan as Read more

Samsung Electronics (005930.KS) said on Friday it broke ground at a new semiconductor research and development (R&D) complex in South Korea, where it plans to invest about 20 trillion won ($15 billion) by 2028 to drive leadership in chip technology. Read more

Taiwan said on Friday it has not been informed about a so-called ‘Chip 4’ meeting that would include it, the United States, South Korea and Japan but added the island has always cooperated closely with the United States on supply Read more