Toyota boosts investment in Santa Cruz air taxi company Joby Aviation by $500M
Toyota is investing another $500 million in Joby Aviation as part of a partnership aimed at helping get the American air taxi company’s commercial business off the ground.
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Cisco cuts thousands of jobs, 7% of workforce, as it shifts focus to AI, cybersecurity
Cisco Systems is planning to lay off 7% of its employees, its second round of job cuts this year, as the company shifts its focus to more rapidly growing areas in technology, such as artificial intell... -
Massive sell-off on Wall Street
Investors were rattled Monday after one of the biggest one-day point drops in Wall Street history. The Dow fell more than a thousand points, and the Nasdaq lost 600. So, what happened and what does it... -
San Ramon-based Chevron to move headquarters to Texas
Chevron on Friday announced during its earnings report that it is relocating its headquarters to Texas.
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Intel to cut 15% of workforce, reports quarterly guidance miss
Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter dividend following weak results and quarterly guidance.