After leaving in 2013 to join Tesla, Doug Field has now made his way back to Apple. As noted in a report from Daring Fireball, Field is returning to Apple to work alongside Bob Mansfield on Apple’s Project Titan car team… While Apple confirmed that Field is now back at the company, Apple did not confirm that […]

The Trump administration, as part of a crackdown on certain US investments made by Chinese companies, is set to snatch a majority stake in 850 Third Ave., The Post has learned. The stake is owned by HNA, the deep-in-debt Chinese conglomerate — and its US partner in the building is desperate to save it. The […]

Oracle Corp (ORCL.N) filed a protest on Monday with the U.S. Department of Defense over its plans to award a cloud computing contract that could be worth up to $10 billion to a single company instead of allowing for multiple winners. A sign marks a building housing Oracle offices in Burlington, Massachusetts, U.S., June 21, […]

Tesla boss Elon Musk has suggested via Twitter that he is “considering” taking the electric car firm private. In his tweet, Mr Musk said he could buy outstanding shares in the firm for $420 each, around a fifth higher than the share’s current price. “Funding secured”, the tweet added, offering no further details on where […]

PepsiCo Inc has appointed Ramon Laguarta to take over as chief executive from Indra Nooyi, handing the reins to a veteran who led the company’s fast-growing emerging markets business. Laguarta, who starts on Oct. 3, will be tasked with managing the company’s response as consumer tastes move away from sugary drinks. Nooyi, 62, is stepping […]

JAKARTA  – Indonesia lobbied visiting U.S. Secretary of State Mike Pompeo to keep the Southeast Asian nation on a list of countries that receive preferential trade terms, its foreign and trade ministers said on Sunday. “President Joko Widodo has delivered Indonesia’s hope that the U.S. will maintain the country’s GSP (Generalized System of Preferences) facility,” […]

Berkshire Hathaway Inc, the conglomerate run by billionaire Warren Buffett, on Saturday said quarterly operating profit rose 67 percent, as insurance underwriting rebounded and several business units benefited from a growing economy. Results easily topped analyst forecasts. Underwriting profit at the Geico auto insurance unit more than quintupled, the BNSF railroad benefited from demand to […]

Federal health officials reported Thursday an additional 109 cases of cyclospora infection in an ongoing outbreak linked to McDonald’s salads that began in May. The total number of laboratory-confirmed illnesses from this outbreak is now 395, according to a statement from the US Food and Drug Administration. At least 16 of the sick individuals have been hospitalized. […]

Apple has become the world’s first public company to be worth $1 trillion (£767bn). The iPhone maker’s market value reached the figure in late morning trading in New York as its shares rose to a new record high above $207. The stock has been rising since Tuesday when it reported better than expected results for […]

Shares of Apple Inc (AAPL.O) hit a record high on Wednesday and neared a $1 trillion valuation, after the company forecast blowout current-quarter sales and analysts said a September launch of new iPhones set the stage for sustained growth. The company’s shares rose 4.7 percent to a high of $199.26 in early trading – within […]