SiriusXM Radio will have to change its cancellation practices in New York state after a court said it created a burdensome procedure for consumers and subscribers, according to New York Attorney General Letitia James.
Bosch said it expected to cut 3,500 jobs in its cross-domain computing solutions division by 2027. Subdued car sales and intense competition have hit earnings at carmakers.
The Swedish battery maker said Carlsson will become a senior adviser as the company enters U.S. bankruptcy and initiates a debt restructuring. The search for a new chief executive is underway.
Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firmβs portfolio company for $1.33 billion in cash.
Kioxia plans to raise more than $740 million in its initial public offering, seeking growth capital to meet rising demand for chips used in artificial intelligence and data centers.
Thales shares fell after French and British authorities launched a joint investigation into suspected bribery and corruption at the aerospace and defense group.