Airbus ramps up A320 jet production as aerospace giant signals recovery

[ad_1] Airbus on Thursday outlined plans to increase production of its popular single-aisle passenger jets, signaling recovery for the aviation

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Cisco stock drops as higher costs amid chip shortage ding earnings outlook

[ad_1] Cisco Systems Inc. shares dropped in the extended session Wednesday as the company’s earnings outlook fell short of Wall

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Oil prices on track for highest finish since March, buoyed by trader optimism over the demand outlook

[ad_1] Oil futures moved up on Monday, finding support as signs of a demand recovery in the U.S. and Europe

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Jeep and Maserati maker Stellantis warns of worsening chip shortage

[ad_1] Stellantis STLA, +7.03%, the European car maker created from the merger of France’s PSA Peugeot-Citroën and Italy’s Fiat-Chrysler, said

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Intel CEO stresses more U.S. chip production, fewer stock buybacks

[ad_1] Intel Corp. plans to spend more money on building semiconductors and less on stock buybacks, the chip giant’s CEO

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