Tesla settles race bias claims by Black former worker after $3 million verdict
By Daniel Wiessner (Reuters) -Tesla has settled a long running lawsuit by a Black former factory worker who claimed he…
Month: March 2024
Telecom Italia flags cash call risk to investors if KKR deal collapses, sources say
MILAN (Reuters) – Telecom Italia’s (TIM) Chief Executive Pietro Labriola has warned investors the company could need to raise billions…
Goldman bumps up 2023 pay for top three executives
NEW YORK (Reuters) -The pay of Goldman Sachs’ top three executives jumped by an average of nearly 24% in 2023,…
SpaceX Starship disintegrates after completing most of third test flight
By Joe Skipper, Steve Gorman and Joey Roulette BOCA CHICA, Texas (Reuters) -SpaceX’s Starship rocket, designed to eventually send astronauts…
Microsoft singles out Google’s competitive edge in generative AI
(This March 14 story has been corrected to say 15 million euros and not 15 billion euros, in paragraph 11)…
Platinum Equity explores $2 billion-plus Club Car sale, sources say
By David Carnevali and Anirban Sen (Reuters) – Private equity firm Platinum Equity has hired advisers to explore a sale…
Amazon’s Zoox robotaxis to drive faster, farther, at night in Las Vegas
By Greg Bensinger (Reuters) – Amazon.com’s self-driving car unit, Zoox, is seeking to stay abreast of rival Waymo by expanding…
Biden to raise concern over Nippon Steel’s deal for U.S. Steel, source says
By Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed…
Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record…
US dollar drifts lower, market consolidates gains post-inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The dollar slipped on Wednesday, a day after rising on hotter-than-expected U.S. inflation data,…