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Business

If Facebook is the problem, is a social media regulator the fix?

By psttonsfnet October 21, 2021October 15, 2021

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…

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Business

NBCUniversal names former Hulu exec Kelly Campbell to lead Peacock

By psttonsfnet October 20, 2021October 15, 2021

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…

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Business

GM, General Electric to study rare earth supply projects for EVs

By psttonsfnet October 19, 2021October 15, 2021

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…

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Business

Dow aims to add $3 bln to core earnings by 2030 with new net-zero unit

By psttonsfnet October 18, 2021October 15, 2021

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…

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Business

Sweden’s AB Volvo wins its largest electric truck order so far

By psttonsfnet October 17, 2021October 15, 2021

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.…

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Business

Emerson Electric working on deal with software firm Aspen Tech

By psttonsfnet October 16, 2021October 15, 2021

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…

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Business

IAC’s Dotdash to buy magazine publisher Meredith in $2.7 bln deal

By psttonsfnet October 15, 2021October 15, 2021

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…

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