Uber may use tech from Chinese autonomous-driving company Pony AI outside the U.S.: report
Pony AI, a Chinese maker of sensors and software for self-driving taxis and trucks, may receive an investment from Uber ...
Quantum-Si to Lay Off 23% of Workforce in Restructuring
Quantum-Si will cut about 23% of its workforce, or about 43 jobs, in a restructuring plan designed to streamline its corporate resources.
Health Care Stocks Are Little Changed -- Health Care Roundup
Health-care company stocks were little changed as the sector continues to underperform, with traders looking to add riskier assets.
Utilities Shares Slip As Traders Take on Risks -- Utilities Roundup
Shares of power producers and utilities were slightly lower as investors took on riskier assets. European natural-gas prices continued to hover around their highest levels this year as growing ...
Consumer Stocks Rise With Sentiment Gains -- Consumer Roundup
Consumer discretionary stocks rallied on signs of economic improvement and a gain in sentiment, particularly among Republicans, following the elections.
Communication Services Companies Drop As Oversight Grows -- Communications Services Roundup
Communications services shares traded lower on concerns about increases in antitrust investigations on the sector's largest companies.
Industrial Shares Lead Market Higher -- Industrials Roundup
Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firm's portfolio company for $1.33 billion in cash. The industrial conglomerate said it would ...
RGC Resources Boosts Quarterly Dividend 3.8%
RGC Resources raised its quarterly dividend by 3.8% to 20.75 cents a share from 20 cents. The Roanoke, Va.-based natural gas company said on Friday the decision by its board of directors raised the ...
Energy Shares Inch Higher as Oil Climbs -- Energy Roundup
The number of rigs drilling for oil in the U.S. rose by one to 479 this week while natural gas rigs fell by two to 99, oil services company Baker Hughes reported. Oil rigs were down by 26, and gas ...
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Moody's Upgrades Saudi Arabia to Aa3 With Stable Outlook
Moody's Ratings raised its ratings on Saudi Arabia to Aa3 from A1 and changed its outlook on the country to stable from positive. The upgrade reflect Moody's belief that economic diversification in ...
Ni Holdings Names Financial Chief Daggett as Permanent CEO
Ni Holdings said it promoted Finance Chief Seth Daggett to a permanent chief executive position, effective Dec. 1. The insurance holding company on Friday said Daggett would succeed Cindy Launer, who ...
Jiuzi Holdings Terminates Deal Negotiations With Shenzhen Maigesong
Jiuzi Holdings said on Friday it terminated acquisition negotiations with battery company Shenzhen Maigesong Electric Technology on an amicable basis. In April the maker of electric vehicles said its ...