Qcells, the U.S. solar manufacturing division of Hanwha, has announced the furlough of 1,000 workers at its Georgia factories due to ongoing delays in shipments caused by U.S. customs checks. The company’s components, primarily sourced from Malaysia and South Korea, have faced routine detention under a 2021 law aimed at preventing imports linked to forced…

PwC is laying off around 150 employees across marketing, HR, operations and other support roles in the U.S., as part of a broader reorganisation aimed at boosting efficiency through AI and data. The cuts represent 1.5% of its 10,000-strong U.S. business services workforce, with more layoffs expected as process reviews continue. This follows previous rounds…

Tesla chief executive Elon Musk has scored a decisive victory in a shareholder vote over his $1tn pay package, winning his second record stock award in as many years and putting the billionaire’s control of the electric-vehicle maker beyond doubt. The 12-step package requires Mr. Musk to expand Tesla’s stock market valuation to $8.5tn from…

Nissan is planning to reduce production of its popular Rogue SUV by approximately 900 units next week due to a chip shortage linked to Dutch firm Nexperia, exacerbated by diplomatic tensions. The automaker is evaluating further output adjustments for the following week as the supply of parts remains affected. A Nissan spokesperson stated that the…

The S&P Global U.S. Manufacturing PMI rose to 52.5 in October from a final reading of 52.0 in the prior month, slightly ahead of the 52.2 expected by economists, and remaining in expansionary territory. “U.S. manufacturers reported a solid start to the fourth quarter with production rising at an increased rate in response to an…

Newly unsealed documents show JPMorgan Chase began flagging Jeffrey Epstein’s suspicious cash withdrawals in 2002 – years before his crimes became public. The bank filed multiple reports about patterns suggesting evasion of oversight but continued serving him until 2013. Internal emails showed staff suspected criminal behavior. JPMorgan later settled a lawsuit alleging it enabled Epstein’s…