"I would like to express some regret that none of the agenda items requested by the union have been addressed," union representative Choi Seung-ho told reporters Wednesday, according to a report by Reuters. The demands center on Samsung's performance-based bonus system. The union is reportedly demanding that Samsung allocate 15% of its operating profit to workers as performance bonuses, scrap caps on bonus payouts, and formalize the bonus structure. Samsung's management offered to allocate 10% of operating ...

Waymo is recalling its massive fleet of autonomous vehicles over a defect that may pose significant safety risk, according to federal regulators. The action follows an incident in which a driverless vehicle failed to come to a complete stop after encountering flooded road conditions on a high-speed roadway, the National Highway Traffic Safety Administration (NHTSA) said in a May 6 report. "Entering a flooded roadway can cause a loss of vehicle control, increasing the risk of a crash or injury," the agency s ...

Thrive Capital, the venture firm that led Isomorphic Labs' first funding round last year, is set to lead the new financing, said the people, who spoke on condition of anonymity as the information is not public. Alphabet is also participating, one person said, though the round is not yet closed. Isomorphic Labs is one of a growing number of businesses attempting to apply advances in AI to speed up drug discoveries and cut the costs of such work, despite many failures from Silicon Valley to expand into health ...

LOS ANGELES--(BUSINESS WIRE)--Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) ("Faraday Future,†"FF,†or the "Companyâ€), a California-based global Embodied AI (EAI) ecosystem company, today announced that its Data Factory Business Unit has signed its first sales order. As a key pillar of FF's "Three-in-One†EAI ecosystem strategy spanning Device, Brain, and Data, the Data Factory's launch closes the EAI ecosystem's data commercialization loop and continues to strengthen the Device-Data. ...

Tim Waterer, chief market analyst at KCM Trade, said strong corporate earnings and continued enthusiasm around artificial intelligence have so far helped cushion markets against broader risks, but conditions are becoming increasingly challenging. He noted that persistently high oil prices and the lack of any major diplomatic progress between the United States and Iran are making it harder for bullish market sentiment to hold firm. In the energy market, benchmark US crude fell 58 cents to $101.60 a barrel, w ...

Question-and-Answer Session Joanna Gajuk BofA Securities, Research Division All right. So there's, I guess, a lot of things to cover. But maybe first, I'd like to start in terms of your volumes, right? And I guess the first quarter, while you saw some volatility around weather and such, but I guess trends were pretty good when it comes to the volumes, especially exiting the quarter, sounds like it. So can you kind of talk about maybe the progression through the quarter to kind of get a sense of how things w ...

When I last checked on The Swatch Group AG ( SWGAY ) ( SWGAF ) in February, the stock price had fallen so low it was upgraded to Buy. Since then, it has only seen an uptick of Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants, takes the theme a step further from ...

ROCKVILLE, Md. and SUZHOU, China, May 12, 2026 (GLOBE NEWSWIRE) -- Ascentage Pharma Group International (NASDAQ: AAPG; HKEX: 6855), a global, integrated biopharmaceutical company engaged in the discovery, development and commercialization of innovative therapies for cancers and other diseases, announced today that 17 clinical advances of its core assets will be featured at the 31 Congress of the European Hematology Association (EHA2026), including 8 poster presentations. The abstracts feature data from ongo ...

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Asian currencies mostly consolidated against the dollar, as traders assessed U.S. CPI data. ...