With Samsung Electronics expected to suffer its biggest annual profit drop in at least a decade, investors are counting on an expected uptick in the memory-chip market to cure the tech giant's ills this year.
Toyota Motor Corp said on Monday it plans to build a prototype "city of the future" at the base of Japan's Mt. Fuji, powered by hydrogen fuel cells and functioning as a laboratory for autonomous cars, "smart homes," artificial intelligence and other technologies.
American Airlines Group Inc , the largest U.S. airline, on Monday became the latest carrier to reach a settlement with Boeing Co for compensation for damages the airline incurred in 2019 from the ongoing grounding of its fleet of Boeing 737 MAX aircraft.
U.S. ride-hailing company Uber Technologies Inc and South Korean automaker Hyundai Motor plan to jointly develop electric air taxis, they said on Monday, joining the race for flying cars to ease urban congestion.
Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to almost half of its stores, cut jobs and warned about its ability to continue as a going concern in a tough retail environment.
American Airlines Group Inc said on Monday it had reached a confidential agreement with Boeing Co to address damages the airline incurred in 2019 due to the ongoing grounding of its fleet of Boeing 737 MAX aircraft.
Home decor and furniture retailer Pier 1 Imports Inc said on Monday it plans to close up to 450 stores, cut jobs and warned about its ability to continue as a going concern.
Gold prices shot to almost seven-year highs on Monday as a spike in U.S.-Iranian tensions spurred demand for safe-haven assets and pushed a gauge of global equity markets lower, but shares on Wall Street rebounded on a less worrisome view of events.
U.S. stocks ended higher on Monday, rebounding from Friday's losses as investors brushed aside increased tensions in the Middle East, while shares of Alphabet and other internet names gained.
JetBlue Airways Corp on Monday said it plans to become carbon neutral on all domestic flights by July 2020 and would use an alternative fuel source for flights leaving from San Francisco amid rising pressure to cut greenhouse emissions.
Oil prices steadied on Monday after Brent touched above $70 a barrel on rhetoric from the United States, Iran and Iraq that fanned tensions in the Middle East after a U.S. air strike killed a top Iranian military commander.
Qualcomm Inc on Monday announced a computing system for autonomous vehicles designed to handle everything from lane controls to full self-driving that it aims to have on the road by 2023.
Luxury German carmaker Daimler and Volvo Cars, owned by China's Geely, are considering cooperating to cut the costs of developing combustion engines, a magazine reported on Sunday, citing unnamed company sources.
Asian share markets ran into turbulence on Monday as a flare-up of tensions in the Middle East sent gold to its highest in almost seven years while oil flirted with four-month peaks.
South Korean restaurant owners expressed concern on Monday over food delivery giant Delivery Hero's proposed $4 billion acquisition of its local rival, saying the move could undermine competition and lead to higher fees.