Automotive

US expands access to EV subsidies in proposed rules

US officials proposed Friday guidelines that widen access to electric vehicle subsidies, bringing relief to countries like Japan and potentially the EU amid their fears of being excluded from Washington's spending bonanza.

Business

Huawei profit sinks in 2022 amid sanctions, but sales higher

Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its ...

Business

Netflix cuts prices in some markets to lure more subscribers

Netflix is cutting its prices in several of its smaller markets in the latest twist on the video streaming service's efforts to keep its recently revived subscriber growth rolling amid stiffer competition and inflation pressures ...

Business

Ericsson to cut 8,500 jobs worldwide

Telecom equipment maker Ericsson said Friday it would slash 8,500 jobs worldwide, part of a cost-cutting program as financial headwinds push operators to rein in spending.

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