Faraday Future Intelligent Electric Inc ( FFAI ) has seen its stock climb 50% to $1.34 over the past week following a series of company announcements. What To Know: The California-based electric vehicle maker recently appointed founder YT Jia as Co-CEO alongside current CEO Matthias Aydt, signaling a new dual-leadership structure. Jia will oversee finance, legal and supply chain operations...

03:22 PM EDT, 04/29/2025 (MT Newswires) -- Royal Bank of Canada ( RY ) said Tuesday it will abandon its sustainable finance targets due to changes in how the industry measures and reports sustainable finance activities. In its 2024 sustainability report, the bank said a review showed that its previous method may not have properly captured some of its sustainable...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

03:45 PM EDT, 04/29/2025 (MT Newswires) -- Electronic Arts ( EA ) is laying off 300 to 400 employees and plans to cancel development of its Titanfall game, Bloomberg reported Tuesday, citing a person familiar with the cuts. Of the total, 100 positions were chopped at the Respawn Entertainment unit, the report said. We've made select changes within our organization...