AI Chips Drive Growth at TSMC
The semiconductor giant’s CEO expects AI to account for a fifth of the company’s revenue by 2028 amid what he called insatiable demand.
The semiconductor giant’s CEO expects AI to account for a fifth of the company’s revenue by 2028 amid what he called insatiable demand.
BP said the changes are part of a plan to turn it into an integrated energy company and invest more in low-carbon activities.
BP said it plans to simplify its organizational structure in an effort to reduce duplication and complexity, though it will keep its three business units.
ABB raised its profit guidance for 2024, despte reporting flat revenue for the first quarter that missed consensus expectations and weaker group orders.
The results follow three straight quarterly declines and benefit from a global boom in artificial intelligence.
EasyJet expects to report a headline pretax loss of roughly $423 million-$448 million in the first half, with demand for summer bookings continuing to build.
Registrations of new cars in the European Union fell 5.2% on year in March, the largest monthly drop since November 2022, and in line with a trend of softening demand.
Nokia posted first-quarter earnings that beat expectations and said the period marked the low point in mobile networks demand, with activity expected to progressively pick up through the remainder of 2024.
Danone said it expected like-for-like sales growth of between 3% and 5% in 2024, and confirmed it anticipated a moderate improvement in recurring operating margin.
Apple will invest more than $250 million to expand a regional hub in Singapore to support growth and new undertakings in artificial intelligence, as the U.S. tech giant seeks to diversify its footprint in Asia and cut exposure to China.
The legislation would extend the sale period for the popular Chinese-controlled app in the U.S. to seek new owners.
China’s youth unemployment rate remained steady in March, in what could be seen by some as a tentative sign that the world’s second-largest economy is gradually stabilizing.
The Department of Justice is claiming that Apple is an illegal monopoly, hanging its case on a century-old law called the Sherman Act. WSJ breaks down the DOJ’s legal argument, and how Apple might fight back.
A joint contract with Amazon has drawn the ire of tech workers.
China’s central bank reiterated its commitment to a stable yuan, joining the chorus of Asian officials concerned about weakening regional currencies.
The finance ministers of Japan, South Korea and the U.S. acknowledged “serious concerns” from Tokyo and Seoul over their respective currencies’ recent sharp weakness.
Some turn to bonds or private markets after major indexes’ run to records.
Esprit shares surged after the troubled fashion retailer said it was on the cusp of winning investment from an international private-equity group.
The Justice Department agreed to pay about $100 million to victims of former national women’s gymnastics team doctor Larry Nassar, acknowledging FBI failures.
Maui’s 2023 Lahaina Fire can be traced back to a brush fire ignited by a broken power line, a report by Hawaii’s attorney general said.
The Supreme Court made it easier for workers to challenge job transfers as discriminatory, ruling that allegations of illegal treatment can be valid even if an employee’s pay or rank doesn’t change.
Columbia’s president faced pointed questions from members of a congressional panel critical of the university’s response to instances of antisemitism on campus.
Biden called for raising tariffs on imports of steel and aluminum from China, beginning what is expected to be a broadside of protectionist steps against Beijing during a presidential election in which trade is a flashpoint.
Republicans in the Arizona state House blocked two attempts to repeal the state’s 160-year-old near total ban on abortion.
An April stock selloff deepened as the S&P 500, Nasdaq and Dow industrials retreated 0.6%, 1.1% and 0.1%, respectively.