Automakers urge Trump to preserve EV tax credits, boost self-driving cars
By David Shepardson WASHINGTON (Reuters) – A group representing major automakers including General Motors, Toyota Motor Corp, and Volkswagen urged…
Month: November 2024
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Crypto industry jockeys for seats at Trump’s promised council
By Hannah Lang (Reuters) – A slew of crypto companies including Ripple, Kraken and Circle are jostling for a seat…
Elf Beauty stock slides after Muddy Waters says it has shorted its shares
By Nell Mackenzie LONDON (Reuters) – Muddy Waters has taken a short position in cosmetics company Elf Beauty, the hedge…
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Trump team weighs creating first-ever White House crypto role, Bloomberg News reports
(Reuters) – President-elect Donald Trump’s team is holding discussions with the digital asset industry about whether to create a new…
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Biden administrations moves to forgive $4.7 billion of loans to Ukraine
By Simon Lewis and Daphne Psaledakis WASHINGTON (Reuters) – The Biden administration has moved to forgive about $4.7 billion in…
Qualcomm ‘positive’ on Trump administration as it forecasts chip sales growth
By Stephen Nellis (Reuters) -Qualcomm said on Tuesday it was “positive” on President-elect Donald Trump’s incoming administration and not concerned…
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Dell, Iron Bow settle charges they overcharged the Army, DOJ says
WASHINGTON (Reuters) – Dell Technologies and Iron Bow Technologies have agreed to pay more than $2 million each to resolve…
Nokia’s US shares rise after T-Mobile says no plans to stop partnership
(Reuters) – U.S.-listed shares of Nokia jumped around 5% in extended trading on Tuesday after T-Mobile said it has no…
Pfizer cannot recoup $75 million from SEC insider trading settlement, judge rules
By Jonathan Stempel NEW YORK (Reuters) -A federal judge on Tuesday rejected Pfizer’s bid to recoup about $75.2 million left…
Wolfspeed ousts CEO Gregg Lowe as slowing EV sales hit growth
(Reuters) -Chipmaker Wolfspeed said on Monday that its board ousted Gregg Lowe as its CEO without cause, amid growing challenges…