Posts in tag

industrial goods


In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people involved in the discussions. It is telling suppliers to plan more actively for assembling Apple products elsewhere in Asia, particularly India and …

Shares of Microchip Technology Inc. MCHP, +4.63% rallied 4.63% to $58.75 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.50% rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 31,384.55. This was the stock’s second consecutive …

Text size Elon Musk, CEO of Tesla. Suzanne Cordeiro/AFP via Getty Images Tesla CEO Elon Musk offered to buy the social- media platform Twitter on Thursday, sending shares of the car maker lower. Investors might be worried about distraction for Musk as Tesla (ticker: TSLA) ramps up production at new plants, but there are other …

Tesla CEO Elon Musk has suggested that the electric vehicle maker might get into the mining business. Patrick Pleul/POOL/AFP via Getty Images Text size Tesla CEO Elon Musk lamented the rising cost of lithium in a recent tweet. He even suggested that Tesla might get into the mining business to help solve shortages of the …

WASHINGTON—The Biden administration is preparing sanctions targeting Russian companies it says provides goods and services for the military and intelligence services, including dual-use components used in weapons proliferation, U.S. officials said. The Treasury Department sanctions, which could be announced as early as next week, come as the U.S. and allies continue to target a range …

Intel Corp. INTC -0.01% said it has filed paperwork to take its Mobileye self-driving car unit public as the semiconductor giant tries to spark investor enthusiasm in its own shares and capitalize on growing demand for automated driving. Intel last year said it was going to list Israel-based Mobileye, which it bought in 2017 for …

Shares of Micron Technology Inc. MU, -2.06% shed 2.06% to $80.49 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.54% falling 0.54% to 4,223.70 and Dow Jones Industrial Average DJIA, -0.77% falling 0.77% to 34,033.67. The stock’s fall snapped a four-day winning …

Shares of Microchip Technology Inc. MCHP, +0.11% inched 0.11% higher to $155.49 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.14% rising 0.14% to 4,208.12 and the Dow Jones Industrial Average DJIA, +0.07% rising 0.07% to 34,600.38. Microchip Technology Inc. closed $11.18 …

WASHINGTON—Securities regulators told Tesla Inc. TSLA -0.21% last year that Chief Executive Elon Musk’s use of Twitter had twice violated a court-ordered policy requiring his tweets to be preapproved by company lawyers, according to records obtained by The Wall Street Journal. Tesla and the Securities and Exchange Commission settled an enforcement action in 2018 alleging …

U.K. stocks returned on Tuesday from a three-day break with strong gains, as commodity plays surged, with oil prices at a more than two-year high. Miners including Rio Tinto RIO, +3.76% and Anglo American AAL, +4.50%, and energy producers BP BP, +2.17% and Royal Dutch Shell RDSB, +1.73%, helped the FTSE 100 UKX, +1.12% jump …