Tesla’s bumpy ride, captured in five charts
(Reuters) – Tesla’s reported move to scrap plans for a low-cost car marks the latest disappointment for investors who have…
Month: April 2024
Volkswagen EVs ‘can’t keep up’ in China, CEO tells newspaper
BERLIN (Reuters) – Volkswagen wants to avoid setting “utopian” goals for its market share in China, its CEO told German…
Powell sticks with Fed’s cautious rate-cut strategy
By Howard Schneider and Abhirup Roy STANFORD, California (Reuters) -Federal Reserve officials including U.S. central bank chief Jerome Powell on…
White House directs NASA to create time standard for the moon
By Joey Roulette and Will Dunham WASHINGTON (Reuters) – The White House on Tuesday directed NASA to establish a unified…
Costco offering members access to weight-loss programs including medication
(Reuters) – Costco Wholesale will offer its members access to weight-loss programs, including prescription drugs Ozempic and Wegovy, from online…
JetBlue pilots open negotiations over new labor deal
(Reuters) – Nearly 5,000 pilots represented by the Air Line Pilots Association (ALPA) served a notice to JetBlue Airways to…
Amazon Web Services lays off several hundred tech, sales staff
(Reuters) – Amazon Web Services has eliminated several hundred sales, marketing and tech roles, it said on Wednesday, the latest…
Biden reiterated US concerns over TikTok in call with Xi, White House says
WASHINGTON (Reuters) – TikTok and its ownership came up as a topic of conversation in the call between U.S. President…
Silver Lake to take Endeavor private in deal valuing entertainment firm at $13 billion
(Reuters) – Private equity firm Silver Lake, the biggest investor in Endeavor Group Holdings, on Tuesday said it had agreed…
NATO boss floats 100 billion euro military aid fund for Ukraine
By Andrew Gray and John Irish BRUSSELS (Reuters) – NATO boss Jens Stoltenberg has proposed a 100 billion euro ($107…