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Asia-Pacific markets begin Christmas week higher; Nissan-Honda merger deal in focus

Couple looks at light-emitting diode illuminations ahead of Christmas in Tokyo, Japan Kiyoshi Ota | Bloomberg | Getty Images Asia-Pacific markets started the holiday-shortened Christmas week on a positive note, with investors awaiting the official announcement related to the merger of Japanese automakers Honda and Nissan. The presidents of Honda, Nissan and Mitsubishi have informed […]

Zheng to skip United Cup, focus on Aussie Open

Dec 22, 2024, 03:02 AM ET MELBOURNE, Australia — Olympic gold medalist Zheng Qinwen has announced that she will not play at the United Cup mixed-teams tournament starting later this month, opting instead to focus on preparations for the 2025 season’s first Grand Slam. In a breakthrough season for the 22-year-old, Zheng made the Australian […]

AT&T’s involvement in Illinois politics takes focus in Mike Madigan corruption trial

CHICAGO (CN) — The federal corruption trial of ex-Illinois House Speaker Mike Madigan continued Wednesday as U.S. attorneys probed the extent of AT&T’s involvement with the state’s politics. The government claims AT&T Illinois offered Democratic ex-state Representative Eddie Acevedo a do-nothing subcontractor gig worth $22,500 in April 2017, through a firm owned by lobbyist Tom […]

GM Bails On Cruise To Focus On Super Cruise After Burning Billions On Robotaxi Development

Photo: Shutterstock/Phil Pasquini (Shutterstock) General Motors’ Cruise robotaxi mapping unit returned to the Bay Area in September, about a year after one of its cars hit a pedestrian. That didn’t last long, though, as GM announced today that it “plans to realign its autonomous driving strategy and prioritize development of advanced driver assistance systems on […]