Musk says ‘Deutschland rocks!’ after visit to arson-hit Tesla plant
BERLIN (Reuters) – Elon Musk on Wednesday visited Tesla’s European gigafactory in Gruenheide, Germany, where operations had resumed after an…
Year: 2024
Boeing whistleblower found dead of apparent suicide
(Reuters) -John Barnett, a former Boeing employee who had reportedly raised concerns about the company’s production issues, was found dead…
Toyota becomes Asia’s most shorted large-cap stock – Hazeltree
MILAN (Reuters) – Automaker Toyota Motor Corp became the most shorted large-cap stock by hedge funds in the Asia Pacific…
Oracle surges to record high as AI demand helps reignite cloud business momentum
(Reuters) -Oracle soared more than 13% to reach a record high on Tuesday, on signs the company was making progress…
Biden’s $7.3 trillion budget is campaign pitch for spending, tax goals
By Trevor Hunnicutt and David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden sketched his policy vision for a potential…
NYCB closes $1 billion capital infusion deal, announces reverse stock split
(Reuters) -New York Community Bancorp said on Monday it had closed the $1 billion capital infusion deal that was agreed…
Disney gets personal in board battle with Peltz
By Dawn Chmielewski (Reuters) -Walt Disney responded on Monday to billionaire Nelson Peltz and his Trian Fund’s campaign to win…
Options players ready for market swings after US inflation data
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Traders in the U.S. equity options market have grown skittish ahead of…
Reddit targets up to $6.4 billion valuation in much-awaited US IPO
By Niket Nishant, Manya Saini and Echo Wang (Reuters) – Reddit is aiming for a valuation of up to $6.4…
Nvidia is sued by authors over AI use of copyrighted works
By Jonathan Stempel (Reuters) – Nvidia, whose chips power artificial intelligence, has been sued by three authors who said it…