Business

US sues to block Lockheed Martin-Aerojet deal

US authorities announced Tuesday they are suing to block Lockheed Martin's $4.4 billion takeover of Aerojet Rocketdyne, asserting the proposed deal would lead to higher costs on defense systems.

Automotive

Ford, GM profits fall as sales drop due to chip shortage

The global computer chip shortage cut into third-quarter profits at both Ford and crosstown rival General Motors, with both companies having to temporarily close factories, pinching supplies on dealer lots.

Electronics & Semiconductors

Catching semiconductor defects before they multiply

From smartphones to laptops, in today's digital world, we rely on connectivity. One of the components underlying the smooth operation of these machines are silicon chips—semiconductors, which are an essential part of electronic ...

Business

NY Times sees record gain in digital subscriptions

The New York Times saw a record gain in digital subscriptions in the past quarter and doubled its online readership in March even as the pandemic cut into its advertising revenues.

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