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GM to invest $2 billion to build electric vehicles in Tennessee

General Motors Co said on Tuesday it will invest $2 billion to convert its Spring Hill, Tennessee, factory to produce electric vehicles, starting with the new Cadillac Lyriq, alongside existing

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U.S. single-family homebuilding, permits surge to more than 13-year high

U.S. single-family homebuilding raced to a more than 13-year high in September, cementing the housing market’s status as the star of the economic recovery amid record-low mortgage rates and a

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Instant View: DOJ files antitrust lawsuit against Alphabet’s Google

The U.S. Justice Department and 11 states filed an antitrust lawsuit against Alphabet Inc’s Google on Tuesday for allegedly breaking the law in using its market power to fend off

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Trump has consulted with Justice Department on Google antitrust case: Kudlow

President Donald Trump has been consulting with the Justice Department over the U.S. government’s antitrust case against Alphabet Inc’s Google, White House economic adviser Larry Kudlow said on Tuesday. “We

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Cathay Pacific to cut 6,000 jobs, axe Cathay Dragon brand: SCMP

Hong Kong’s Cathay Pacific Airways Ltd will cut around 6,000 jobs, or 18% of its workforce, and axe regional brand Cathay Dragon to help it weather the coronavirus pandemic, the

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Sweden bans Huawei, ZTE from upcoming 5G networks

Sweden has banned telecoms equipment from Huawei and ZTE 000063.SZ in its 5G network, joining other European nations that have restricted the role of Chinese suppliers on security grounds. Telecoms

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Qualcomm jumps into 5G infrastructure market with base station chips

Qualcomm Inc on Tuesday said it will produce chips for 5G telecommunications networking gear, marking the first entry by a major American technology company into a market dominated by European

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