Bloomberg Panasonic Corp plans to build a US factory to supply Tesla with lithium-ion batteries, Japanese national broadcaster NHK reported, seeking to ramp up production to meet anticipated demand for electric vehicles. The Japanese electronics conglomerate is looking at sites in Oklahoma and Kansas to build the plant, NHK reported, citing a person it didn’t identify source. Tesla is …

Bloomberg Apple Inc shareholders approved outside proposals recommending audits of the company’s civil-rights impact and a public report on its use of concealment clauses in employment agreements, marking a rare instance of investors defying the tech giant. The votes were part of Apple’s annual shareholder meeting, held virtually for the second year in a row. Investors also reelected the company’s …

Bloomberg Verizon Communications Inc expects revenue growth of about 4% annually in 2024 and beyond, driven by gains from its new 5G mobile phone services. Service and other revenue is expected to grow about 3% in 2022 and 2023 and 4% in 2024, Matt Ellis, chief financial officer, told investors at a conference. Analyst had expected gains of about 2% …