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More stable supply chain, predicted by Foxconn

Taiwan's Foxconn said that the second half of the year is heading in a better direction. This is because of the release in the...

Canadian banks shrink future bad debt cushion even as economic risks mount

Canadian banks wrapped up second-quarter earnings season, with most reporting better-than-expected profits, in large part by reducing the amounts of funds they set aside...

Amazon investor proposal to review plastic use narrowly fails to clear

Amazon.com Inc's investor-led proposal to review its use of plastic won 49% support. This is even as shareholders voted down all the 15 resolutions at...

Uber seals taxi deal to expand in Italy

Uber Technologies Inc has clinched a deal to integrate its ride-hailing app with Italy's largest taxi dispatcher as it seeks to boost its presence...

Lyft to slow hiring, assess budget cuts

Ride-hailing firm Lyft Inc said that it would slowdown hiring and assess budget cuts in some departments, joining rival Uber Technologies Inc in attempting...

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