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Day: May 12, 2023

Indexes slip with tech-related shares; consumer sentiment drops
BusinessEconomyTop NewsUS

Indexes slip with tech-related shares; consumer sentiment drops

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended slightly lower on Friday, led by weaker megacap shares following…

May 12, 2023May 12, 2023
France lands battery gigafactory with sweeteners, zero-carbon power
AsiaBusinessEconomyEurope

France lands battery gigafactory with sweeteners, zero-carbon power

By Gilles Guillaume and Elizabeth Pineau PARIS (Reuters) -France beat competition from Germany and the Netherlands for ProLogium’s first overseas…

May 12, 2023May 14, 2023
Soros Fund Management cut Tesla stake, added Netflix in 1st quarter
AsiaBusinessEconomyUS

Soros Fund Management cut Tesla stake, added Netflix in 1st quarter

By David Randall NEW YORK (Reuters) – Soros Fund Management, the family office of billionaire George Soros, slashed its stakes…

May 12, 2023May 13, 2023
Debt ceiling worries deepen as early June U.S. default reinforced
BusinessEconomyPoliticsTop NewsUS

Debt ceiling worries deepen as early June U.S. default reinforced

By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding…

May 12, 2023May 12, 2023
Analysis-Biden’s power plant proposal poses huge test for carbon capture
BusinessEnvironmentPoliticsTop NewsUS

Analysis-Biden’s power plant proposal poses huge test for carbon capture

By Valerie Volcovici and Timothy Gardner (Reuters) – The Biden administration’s plan to decarbonize the U.S. power sector envisions the…

May 12, 2023May 12, 2023

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