Facebook (FB.O) whistleblower Frances Haugen told Congress on Tuesday that one option for making social media less harmful would be to create a dedicated regulatory agency to oversee companies like…
Category: Business
NBCUniversal names former Hulu exec Kelly Campbell to lead Peacock
Comcast Corp-owned (CMCSA.O) NBCUniversal on Wednesday named former Hulu executive Kelly Campbell as president of its streaming service Peacock. Campbell's arrival comes at a time when NBCUniversal is looking to…
GM, General Electric to study rare earth supply projects for EVs
General Motors Co (GM.N)and General Electric Co(GE.N)said on Wednesday they plan to study ways they could develop a supply chain of rare earths and other minerals used to make electric…
Dow aims to add $3 bln to core earnings by 2030 with new net-zero unit
Dow Inc (DOW.N) unveiled on Wednesday plans to boost its core earnings by $3 billion a year over the next decade, with investments that include building a new net-zero carbon…
Sweden’s AB Volvo wins its largest electric truck order so far
Volvo Trucks has received an order for 100 electric trucks from shipping firm DFDS (DFDS.CO), its biggest commercial electric truck order to date, the Swedish truck maker said on Wednesday.…
Emerson Electric working on deal with software firm Aspen Tech
Manufacturing giant Emerson Electric Co (EMR.N) is in talks to merge its software assets with industrial software company Aspen Technology Inc (AZPN.O), Bloomberg News reported on Wednesday, citing people with…
IAC’s Dotdash to buy magazine publisher Meredith in $2.7 bln deal
IAC's (IAC.O) digital media arm Dotdash on Wednesday agreed to buy Meredith Corp (MDP.N) in a deal valued at about $2.7 billion, bringing titles such as People, Allrecipes and Investopedia…