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German car parts maker Bosch will cut up to 1,100 jobs by 2029 and restructure its Reutlingen plant as a rapidly worsening auto market drives down sales, a senior company official said on Tuesday.
President Trump's recent 50% tariff on imported copper is significantly impacting U.S. automotive manufacturing, raising costs and stretching already strained supply chains.
[HONG KONG] Jack Ma-backed Ant Group is working with Circle Internet Group to adopt its stablecoin on the Chinese fintech company’s blockchain platform, according to people familiar with the matter.
Electricity bills are projected to surge by more than 20% this summer in some parts of PJM Interconnection's territory, which covers 13 states.