Raimondo warns China patience of US business is ‘wearing thin’
By Diane Bartz and Phil Stewart WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo warned China in interviews broadcast on Sunday…
Year: 2023
North Korea stages tactical nuclear attack drill
By Cynthia Kim SEOUL (Reuters) – North Korea conducted a simulated tactical nuclear attack drill that included two long-range cruise…
Tesla shows off restyled Model 3 sedan at Beijing trade fair
BEIJING (Reuters) – Tesla showed off its restyled, China-made Model 3 sedan for the first time to the public at…
Exclusive: SoftBank’s Arm to ask for $47 to $51 per share in IPO
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Arm Holdings Ltd, the chip designer owned by SoftBank Group…
BMW bets on a ‘Neue Klasse’ revival to catch Tesla
By Joseph White MUNICH (Reuters) – BMW is once again turning to the “Neue Klasse” brand – this time as…
Blackstone and Airbnb set to join S&P 500; shares climb
(Reuters) – Shares of Blackstone and Airbnb rallied in extended trade on Friday after S&P Dow Jones Indices said the…
Disney, Charter rates dispute spills over to TVs as ESPN, ABC go dark
(Reuters) -Walt Disney and Charter Communications traded salvos over their unresolved distribution agreement after several channels including ESPN went dark…
Amazon shareholder sues board, Bezos over Blue Origin launch contracts
(Reuters) – An Amazon shareholder has filed a lawsuit against founder Jeff Bezos and the Amazon board alleging directors failed…
Fed seen likely done with rate hikes as job market cools
By Ann Saphir (Reuters) -The U.S. Federal Reserve is likely done raising interest rates, traders bet on Friday after a…
US construction spending rises strongly in July on single-family housing
WASHINGTON (Reuters) – U.S. construction spending increased solidly in July as a shortage of houses on the market boosted outlays…