Chips firms seek double $28 billion US subsidies available, Commerce Dept says
By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking government subsidies will…
Tag: Updated
Oil gains over $1 on possible shipping disruptions
By Erwin Seba HOUSTON (Reuters) – Oil prices gained on Monday as European diesel demand, constrained by Russian sanctions and…
AT&T to give billing credits to consumers impacted by outage
By David Shepardson WASHINGTON (Reuters) -AT&T will award billing credits to consumers impacted or potentially impacted earlier this week by…
Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR
By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that allows users to…
Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over
By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire Hathaway would serve…
Buffett’s Berkshire posts record profit on insurance, investments
By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual operating profit, with…
Ford halts shipments of new F-150 Lightning EVs
By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model year F-150 Lightning…
Delta seeks reversal of US plan to scrap airline’s Aeromexico partnership
By David Shepardson WASHINGTON (Reuters) -Delta Air Lines on Friday urged the U.S. government to allow the carrier to continue…
EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger
By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in their Nasdaq debut…
US intercepts small balloon over Utah, determines it’s not a threat
WASHINGTON (Reuters) -The U.S. military intercepted a small balloon over the state of Utah on Friday and determined that it…