September2022
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Micron Technology to invest about $15 billion in a new memory-chip manufacturing facility in Boise
Sep 2, 2022Micron Technology Inc will invest about $15 billion over the next 10 years in a new memory-chip manufacturing facility in Boise, Idaho, where it is based, the company said on Thursday. The investment takes into account... -
Polestar’s revenue nearly doubled in the first half of 2022 on soaring demand
Sep 2, 2022Electric vehicle maker Polestar said on Thursday that its revenue nearly doubled in the first half of 2022 on soaring demand and that it may have to raise its prices further if material costs continue to... -
Cruise LLC recalled and updated software in 80 self-driving vehicles
Sep 2, 2022General Motors startup Cruise LLC said Thursday it had recalled and updated software in 80 self-driving vehicles after a June crash in San Francisco that left two people injured. Federal regulators said the recalled software could... -
Oil prices tumbled more than 3% on Thursday
Sep 2, 2022Oil prices tumbled more than 3% on Thursday, as new COVID-19 lockdown measures in China added to worries that high inflation and interest rate hikes are denting fuel demand. Brent crude settled down $3.28 at $92.36... -
Germany’s Lufthansa to cancel 800 flights on Friday
Sep 2, 2022Germany’s Lufthansa said it will have to cancel 800 flights on Friday, likely affecting 130,000 passengers, after the pilots’ union announced a one-day strike. The Vereinigung Cockpit (VC) union said late on Wednesday that pay talks... -
Content creators on OnlyFans made nearly $4bn
Sep 2, 2022Content creators on subscription platform OnlyFans made nearly $4bn (£3.47bn) in 2021, the company has revealed. The platform, which is known for hosting adult content, reported pre-tax profits of $433m last year, up from $61m in... -
Microsoft’s plan to buy Activision Blizzard could substantially lessen competition
Sep 2, 2022Microsoft’s plan to buy Activision Blizzard could substantially lessen competition in consoles, multi-game subscription services and game streaming, a UK watchdog has said. Microsoft wants to buy the maker of Overwatch, Candy Crush and Call of... -
Tokyo stocks opened lower on Thursday
Sep 2, 2022Tokyo stocks opened lower Thursday extending US losses, with fears growing among investors that there will be no respite from Federal Reserve rate hikes aimed at tamping down inflation. The benchmark Nikkei 225 index was down... -
UK hospitals bosses warned that patient care may have to be cut to offset huge increases in energy bills
Sep 2, 2022UK hospitals bosses on Thursday warned that patient care may have to be cut to offset huge increases in energy bills over the winter months. Most hospital groups contacted by the medical journal the BMJ said...
