Tag: gain

Union fails to gain further foothold at Tesla’s German factory

Germany’s powerful IG Metall trade union has failed to increase its influence at Tesla’s German factory outside Berlin, the company said late on Wednesday following works council elections this week. Works councils play an important role in German firms, representing the interests of employees by ensuring that laws and collective agreements are observed, that there […]

Union fails to gain further foothold at Tesla’s German factory

Germany’s powerful IG Metall trade union has failed to increase its influence at Tesla’s German factory outside Berlin, the company said late on Wednesday following works council elections this week. Works councils play an important role in German firms, representing the interests of employees by ensuring that laws and collective agreements are observed, that there […]

How the Trump campaign plans to use his court dates for political gain

Donald Trump’s campaign is engineering a plan to “make lemonade out of lemons” as a full docket of court appearances are about to swamp his political calendar. The strategy, the former president’s advisers tell NBC News, will involve trying to portray President Joe Biden as someone attempting to “imprison” his political opponents, muddying the waters […]

Europe’s world-first AI rules gain final approval

European Union legislators have given final approval to the 27-nation bloc’s artificial intelligence law, putting the world-leading rules on track to take effect later this year. Members of the European Parliament voted overwhelmingly in favour of the Artificial Intelligence Act, five years after regulations were first proposed. The AI Act is expected to act as […]

Nvidia Heads to Biggest Drop Since August After 19% Six-Day Gain

(Bloomberg) — Nvidia Corp. is headed toward the biggest one-day drop in seven months as traders take profits following a rally that saw the stock gain more than 19% in six consecutive trading days. Most Read from Bloomberg The chipmaker’s shares were down 4.8% Friday, which if sustained would be the biggest decline since Aug. […]

TSMC’s Sales Gain 9.4% in First Two Months After AI Boost

(Bloomberg) — Taiwan Semiconductor Manufacturing Co.’s revenue rose 9.4% in 2024’s first two months, riding a wave of global AI development that’s helping offset potential fallout from slowing iPhone sales. Most Read from Bloomberg Asia’s largest company reported sales of NT$397.4 billion ($12.6 billion) from January to February. That’s despite signs that Apple Inc., which […]

Futures gain ahead of Powell’s testimony, economic data

(Reuters) – U.S. stock index futures rose on Wednesday as investors await testimony by Federal Reserve Chair Jerome Powell before Congress that could help determine the central bank’s monetary policy path. Powell kicks off two days of testimony with a hearing at 10 a.m. ET (1500 GMT) before the House Financial Services Committee, explaining to […]