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Nvidia announced its latest initiatives in videogaming and automotive technology on Monday. Photo: I-Hwa Cheng/Bloomberg NewsHow does any company follow up a year in which business doubled and market value tripled? For Nvidia , that answer seems to be: staying the course. Nvidia announced its latest initiatives in videogaming and automotive technology on Monday, ahead of the CES trade show kicking off this week in Las Vegas. The company has long used the annual consumer-electronics conference to showcase it ...

A section of an Alaska Airlines flight that ripped away shortly after takeoff was found late Sunday. Here’s a timeline of what unfolded following the aircraft’s midair incident. Photo: Instagram/@strawberrvy/ReutersBoeing ’s 737 MAX model just doesn’t seem able to outfly bad publicity. Even if the latest problem is just with one specific plane, its manufacturers will pay the price of greater scrutiny.Early Monday, futures markets pointed to an 8% fall in Boeing ’s share price as investors tried to assess th ...

Costco’s online gold sales are popular with fans of the bulk-goods retailer and enthusiasts of the yellow metal. Photo: Bing Guan/Bloomberg NewsRon Williams,a retired Air Force production superintendent in Utah, usually buys gold investment coins and bars from his precious-metals dealer. But when he found 1-ounce gold bars available on Costco Wholesale’s website recently, he decided to give them a shot. “They seem pretty competitive with other bullion dealers,” says the 62-year-old Williams. “And the shippi ...

Exxon Mobil said in a regulatory filing Thursday that it was expecting impairments of $2.4 billion to $2.6 billion in its upstream business. Photo: Michael Nagle/Bloomberg NewsExxon Mobil is expecting up to $2.6 billion in impairments in the fourth quarter for its upstream business, mostly related to idled assets in California.The oil and gas giant said in a regulatory filing Thursday that it was expecting impairments of $2.4 billion to $2.6 billion in its upstream business. ...

Tesla delivered more cars last year, but this came at a cost. Photo: carlos barria/ReutersTesla shares had a stellar 2023, in large part because they had such a dismal end to 2022. By the same logic, this year could be tough for the world’s most traded stock.The company delivered roughly 485,000 electric vehicles last quarter—a bit better than expected, but worse than its Chinese rival BYD, which sold about 526,000. It is the first time the EV pioneer has been outsold on a quarterly basis. With the Chinese ...

A view of the Credit Suisse office in Singapore. Photo: CAROLINE CHIA/REUTERSSingapore imposed a penalty of 3.9 million Singapore dollars (US$3.0 million) on Credit Suisse for failing to prevent or detect misconduct by its relationship managers.Credit Suisse bankers in Singapore had provided customers with inaccurate or incomplete post-trade disclosures, which led to clients being charged spreads above bilaterally agreed rates for 39 over-the-counter bond transactions, the Monetary Authority of Singapore sa ...

Core Viewpoint - Synopsys is in discussions to acquire Ansys, potentially creating a significant design-software entity and marking a notable merger in the new year [1] Group 1: Company Performance - Synopsys shares have increased over 70% this year, driven by investor interest in companies poised to benefit from the artificial intelligence boom [1] Group 2: Acquisition Details - Ansys has a market value of nearly $30 billion, and the acquisition could be finalized in early 2024 [1] - There is a possibility that the acquisition talks may not succeed, and other potential buyers could emerge [1]