Japanese automaker Nissan is slimming down its production in the U.S. and offering buyouts to workers in a push to cut jobs after reporting losses during the last quarter. Nissan is offering voluntary separation packages to employees at assembly plants in Smyrna,
Nissan Motor Co. announces job cuts in the U.S., reducing workforce by 2,000 jobs and production at plants in Tennessee and Mississippi by 25%.
Japan's Nissan Motor is offering buyouts to workers and cutting back shifts at three U.S. factories, a company spokesperson said on Thursday, as the automaker pushes to slash $2.6 in costs globally. Nissan will offer the separation packages to workers at its vehicle assembly plants in Smyrna,
Asia Market Update: Nasdaq FUTs supported by SoftBank/OpenAI news; Large-cap tech earnings also in focus; Yen firms ahead of Himino, Fed decision was earlier; Tokyo CPI due on Fri. - SoftBank Group: Said to be in talks to invest up to $25.0B into OpenAI; the investment plan is said to be 'on top of' the Stargate commitment - FT.
Renault executives travelled to Japan this week to meet counterparts at Nissan in an effort to maximise the value of the French automaker's stake in the Japanese firm ahead of its merger with Honda, a source close to the matter told Reuters.
OpenAI says it has found evidence that Chinese artificial intelligence start-up DeepSeek used the US company’s proprietary models to train its own open-source competitor. The San Francisco-based ChatGPT maker told the FT it had seen some evidence of “distillation”, which it suspects to be from DeepSeek.
Blake Lively and Ryan Reynolds are seeking to dismiss Justin Baldoni’s defamation lawsuit. Lively, 37, and Reynolds, 48, told a federal judge on Thursday, January 30, that they will move to dismiss the legal action filed against them by the It Ends With Us director, 40, Variety reported the same day. Per Variety, each side’s
Italy's digital information watchdog called for the government to block DeepSeek, China's new artificial intelligence chatbot after it said its company failed to turn over operation information to regulators.
The economic hardware/software debate about China just got more complicated. Before DeepSeek flipped the script on the artificial intelligence game, many economists worried China had way too much of the former and not enough of the latter.
Wall Street are pointing mostly higher in premarket trading while more corporate earnings poured in a day after the Federal Reserve opted to leave its benchmark lending rate alone. Futures
Asian shares are mixed in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in September. Benchmarks in Japan and Australia rose Thursday.
Global shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through lower rates in Sept