Tesla Inc is in talks with Chinese battery maker EVE Energy Co to add the firm to its Shanghai factory supply chain, four people familiar with the matter said, as it seeks to boost procurement of lower cost batteries.
NerdWallet Inc, the owner of the eponymous consumer financial advice website, has confidentially submitted paperwork to U.S. regulators for an initial public offering (IPO), people familiar with the matter said on Friday.
Shares in heavily shorted AMC Entertainment Holdings were up 4.0% in heavy trading on Friday, with the cinema operator the top focus on social media forums popular among retail investors.
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Palantir Technologies Inc has started accepting payment in bitcoin and is considering investing in cryptocurrencies, the U.S. analytics provider disclosed, the latest firm to pivot to digital currencies that are gaining wider mainstream acceptance.
Some of the world's biggest chip buyers, including Apple Inc, Microsoft Corp and Alphabet Inc's Google, are joining top chip-makers such as Intel Corp to create a new lobbying group to press for government chip manufacturing subsidies.
U.S. companies are starting to issue corporate bonds again in the international market after a drop-off last year due to the pandemic, as firms seek to widen their investor base, Goldman Sachs said in a research note on Tuesday.
A Chevron Corp and Phillips 66 petrochemical joint venture imported significant quantities of the toxic chemical benzene into the United States for several years without reporting it to regulators as required by law, according to a company document seen by Reuters.
Alibaba founder Jack Ma, largely out of public view amid a regulatory clampdown on the group, made a rare visit to its Hangzhou campus on Monday during the e-commerce giant's annual "Ali Day" staff and family event, company sources said.
Coty Inc's biggest business that includes brands such as Burberry perfumes and Gucci foundations returned to growth in the third quarter after a tumultuous 2020, while the cosmetics maker's net loss narrowed sharply.
Shares of Chinese gaming giant Tencent-backed online insurance technology firm Waterdrop Inc tumbled 14.5% in their New York debut on Friday.
U.S. Treasury Secretary Janet Yellen said on Friday the nation could exhaust its ability to borrow this summer even if Treasury takes "extraordinary actions" to buy more time when the nation's debt ceiling comes back into effect at the end of July.
The 266,000 jobs that U.S. firms added in April were "nowhere near" what was expected, a Federal Reserve official said Friday, and added little to the "substantial further progress" officials want to see before considering changes to monetary policy.
Shares of Hollywood star Jessica Alba's Honest Co traded sharply higher on their Nasdaq debut on Wednesday, valuing the consumer goods company at around $2 billion.
New orders for U.S.-made goods rebounded in March and business spending on equipment was stronger than initially estimated, boosted by robust domestic demand, though momentum could slow because of bottlenecks in the supply chain.
