Tesla laying off more than 10% of staff globally as sales fall
By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen…
Month: April 2024
Adobe explores OpenAI partnership as it adds AI video tools
By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe is in the early stages of allowing third-party generative artificial intelligence tools such…
Apple denies violating US court order in Epic Games lawsuit
By Mike Scarcella (Reuters) – IPhone maker Apple on Friday denied violating a court order governing its App Store and…
Strong US retail sales boost first-quarter growth estimates
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased more than expected in March amid a surge in receipts…
Goldman Sachs profit beats as investment banking fuels highest earnings since 2021
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs’ profit beat Wall Street estimates, fueled by a recovery…
Explainer-Key facts about the collapse of Baltimore’s Francis Scott Key Bridge
By Lisa Shumaker (Reuters) – The FBI has opened a federal criminal investigation into the deadly collapse of Baltimore’s Francis…
Coinbase asks to appeal part of case against US SEC
WASHINGTON (Reuters) – Coinbase asked two courts for permission on Friday to appeal part of its ongoing lawsuit with the…
Surging US energy shares reflect robust growth, inflation worries
By Lewis Krauskopf NEW YORK (Reuters) -U.S. energy shares are soaring as investors benefit from rising oil prices and a…
US shoots down Iranian drone aircraft bound for Israel-US officials
WASHINGTON (Reuters) – The U.S. military has shot down Iranian drone aircraft headed toward Israel on Saturday, three U.S. officials…
China natural disasters cost $3.3 billion in first quarter, government says
BEIJING (Reuters) – Floods, droughts, an earthquake and freezing conditions in China caused direct economic losses of 23.76 billion yuan…