Biden rule grants overtime pay to 4 million US workers
By Daniel Wiessner (Reuters) -The administration of U.S. President Joe Biden on Tuesday unveiled a rule extending mandatory overtime pay…
Month: April 2024
WeWork founder Neumann wants bankruptcy court’s help in bid to repurchase company
By Dietrich Knauth (Reuters) -WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire…
IBM nearing deal for cloud software provider HashiCorp, source says
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a…
AI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in…
Biden unveils $7 billion for rooftop solar in Earth Day message
By Andrea Shalal and Nichola Groom TRIANGLE, Va. (Reuters) -President Joe Biden on Monday celebrated Earth Day by announcing $7…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
Japan’s yen falls to 1990 lows, dollar/yen nears 155
(Reuters) – The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office
By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to advisers he is keen on…