Cybertruck designer says Tesla stainless steel pickup is no experiment
By Nichola Groom and Cath Turner LOS ANGELES (Reuters) – The angular, polarizing design of the Cybertruck will help boost…
Day: December 22, 2023
OpenAI in talks to raise new funding at $100 billion valuation – Bloomberg News
(Reuters) – OpenAI is in early talks to raise a fresh round of funding at a valuation at or above…
US inflation decelerating in boost to economy
By Lucia Mutikani WASHINGTON (Reuters) – U.S. prices fell in November for the first in more than 3-1/2 years, pushing…
Boeing’s first Dreamliner delivery to China since 2019 arrives
By Sophie Yu and Lisa Barrington (Reuters) – Boeing’s first direct delivery of a 787 Dreamliner to China since 2019…
Nike’s powerhouse labels lose footing against upstart brands – analysts
By Savyata Mishra and Aishwarya Venugopal (Reuters) – Nike is starting to lose share to upstart sneaker brands such as…
Tesla acquires Shanghai land for megapack battery plant
BEIJING/SHANGHAI (Reuters) -Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in…
Cash the big flow ‘winner’ of 2023 – BofA
LONDON (Reuters) – Global investors put a record $1.3 trillion into cash in 2023, according to a report from Bank…
China bans export of rare earths processing tech over national security
By Siyi Liu and Dominique Patton BEIJING (Reuters) – This Dec. 21 story has been corrected to clarify that the…