OSLO, Norway (AP) – A leading Norwegian public transport operator has said it will introduce stricter security requirements and step up anti-hacking measures after a test on new Chinese-made electric buses showed the manufacturer could remotely turn them off.
NEW YORK (AP) - Stocks edged a bit lower on Wall Street as the first week of corporate earnings season closes out with markets trading near record levels. The S&P 500 slipped 0.1% Friday after a day of wavering between gains and losses. The Dow Jones Industrial Average fell 0.2%, and the Nasdaq composite fell 0.1%. Gains for several big tech companies helped offset weakness elsewhere.
Norway’s sovereign wealth fund, one of Tesla’s biggest investors, said Tuesday that it will vote against a proposed compensation package that could pay CEO Elon Musk as much as $1 trillion over a decade. There will be more than a dozen company proposals up for a vote Thursday during Tesla’s annual meeting.
DAVOS, Switzerland (AP) – There were grave warnings from European leaders and expletives from California Gov. Gavin Newsom on Tuesday as leaders at the World Economic Forum grappled with the Greenland crisis and heightened concerns over global trade.
Novo Nordisk is raising the stakes in its push to outbid rival Pfizer and acquire the development-stage drugmaker Metsera. Novo is now offering to pay as much as $10 billion for the company, Metsera said Tuesday. That’s higher than its previous bid of up to $9 billion which sparked a lawsuit from Pfizer.
Republican Mike Johnson has delivered a historic speech to the British parliament, the first U.S. House speaker to address the body. Johnson spoke as U.S. President Donald Trump bitterly lashes out at America’s most trusted allies, posting overnight that the United Kingdom is acting with “GREAT STUPIDITY” in national security he intensifies his own claims to forcibly take Greenland in the Arctic.
OSLO, Norway (AP) – A former security guard at the U.S. Embassy in Norway was convicted of espionage Wednesday after a court in Oslo found that he spied for Russia and Iran.
Jan. 19 – The Washington Post says Congress has dropped the ball regarding oversight of ICE, DHS. Geraldo Lunas Campos died at a Texas detention center on Jan. 3 while pleading for air as guards choked him, according to a fellow detainee. The local medical examiner’s office is considering classifying his death as a homicide, The Post reports.
STOCKHOLM (AP) – Three researchers who probed the process of business innovation won the Nobel memorial prize in economics Monday for explaining how new products and inventions promote economic growth and human welfare, even as they leave older companies in the dust.