Colombia to increase 2023 budget proposal, eyes more debt swaps

BOGOTA - Colombian President Gustavo Petro's administration will send a proposal to increase the government's budget for 2023 in the coming weeks to bolster social programs, Finance Minister Jose...

Brazil's Eletrobras elects new CEO and chairman

SAO PAULO - The board of directors of Brazilian power company Eletrobras on Friday elected Wilson Ferreira Junior as its new chief executive and Ivan de Souza Monteiro as the chairman of the...

U.S. auto trade group warns EV tax proposal would make 70% ineligible

WASHINGTON - A group representing General Motors (NYSE:GM), Toyota Motor (NYSE:TM), Volkswagen (ETR:VOWG_p) and other major automakers warned late on Friday that a U.S. Senate Democratic proposal...

California regulator claims Tesla falsely advertised Autopilot, Full Self-Driving

By David Shepardson and Jonathan Stempel WASHINGTON/NEW YORK - Tesla (NASDAQ:TSLA) Inc, the electric car company run by billionaire Elon Musk, has been accused by a California state...

Trump social media deal can't close on time, needs extension, buyer says

- Digital World Acquisition Corp, the blank-check company taking former U.S. President Donald Trump's Truth Social app public, on Friday announced a special meeting of shareholders to approve an...

California appeals court rules no arbitration in Cisco caste bias case

Cisco Systems Inc on Friday lost a court appeal to move to private arbitration a case over alleged caste discrimination in its Silicon Valley offices, where managers of Indian descent are accused...

Aisera, which is developing an AI-based customer service requests system, raised a $90M Series D led by Goldman...

‘Service experience’ startup Aisera raises $90M to help enterprises go AI-native Aisera Inc., an artificial intelligence-powered “service experience” startup that aims to enhance employee and...

Nvidia’s data-center sales likely to eclipse gaming

Data-center sales are expected to rise to $3.46 billion in the first quarter of this year. The figure is up 71% from the fourth quarter, when sales rose to $2.9 billion. The rise is due to strong...

Deere Plunges Most Since 2008 on Supply Chain Snarls, Inflation

Deere & Co. slid the most in 14 years after the world's largest manufacturer of agricultural equipment was the latest major US company bruised by supply chain snags and rising inflation. Shares...

Asian shares jump as China cuts key lending benchmark

China cut its five-year loan prime rate (LPR) by 15 basis points on Friday morning. Authorities seek to cushion an economic slowdown, though it left the one-year LPR unchanged. A gauge of global...

Companies Seize On March as a Moment to Reopen the Office

Citi, American Express, Cisco Systems and others say they spot a window to bring workers back together. After two years of remote work, companies including American Express Co., Facebook parent...

Ukraine’s Economy Ministry calls on global IT companies to block cooperation with Russia

Russia needs high-quality products and services, equipment and software produced by these companies to continue the war. In particular, many channels on Telegram and YouTube, Facebook groups and...

Apple files lawsuit against NSO Group, saying U.S. citizens were targets

Apple is the latest in a string of companies and governments to come after NSO. Earlier this month, U.S. officials placed the company on a trade blacklist. Watchdog groups say NSO targeted human...

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