TOKYO (AP) — Japanese technology giant SoftBank said Tuesday it has sold its stake in Nvidia, raising $5.8 billion to pour into other investments. It also reported its profit nearly tripled in the first half of this fiscal year from a year earlier. Tokyo-based SoftBank Group Corp. said it ...
NEW YORK (AP) — Most U.S. stocks rose on Tuesday and carried the market back to where it was before last week’s swoon. The S&P 500 added 0.2% after erasing a loss taken during the morning. It’s been bouncing around lately, coming off Monday’s vigorous rebound following its first ...
The executive leading Tesla’s Cybertruck business is leaving the Elon Musk-led automaker after eight years. Siddhant Awasthi, the program manager for Tesla’s Cybertruck and Model 3, said on LinkedIn that it wasn’t an easy decision to depart the company. He did not provide details on ...
Wendy’s plans to close hundreds U.S. restaurants over the next few months in an effort to boost its profit. The Dublin, Ohio-based chain said during a conference call with investors Friday that it planned to begin closing restaurants in the fourth quarter of this year. The company said it ...
The loss of federal electric vehicle tax credits at the end of September resulted in flat sales of new vehicles in October, the Greater Cleveland Automobile Dealers’ Association reported this week. However, looking at year-to-date figures, dealers in the association’s 21-county area that ...
The PNC Foundation has approved a two-year, $100,000 workforce development grant to the Youngstown / Warren Regional Chamber to help strengthen the chamber’s efforts to remove barriers to employment and connect more Valley residents with job opportunities. The award, announced Thursday, ...