by Reuters | May 10, 2024 | General
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on Friday, days after abruptly laying off employees who were running the business. “Just to reiterate: Tesla will spend well over $500M expanding...
by Reuters | May 9, 2024 | General
By Tom Hals WILMINGTON, Delaware (Reuters) -A federal appeals court panel rejected a bid by U.S. President Joe Biden’s son to dismiss criminal gun charges, clearing the way for Hunter Biden’s June 3 trial, a first for the child of a sitting president. A...
by Reuters | May 9, 2024 | General
(Reuters) -Airbnb shares tumbled nearly 7% in afternoon trading on Thursday after weak forecasts for the second quarter stoked investor fears about slowing growth at the vacation rental firm and took the shine off a strong quarterly profit beat. The Easter holiday...
by Reuters | May 9, 2024 | General
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing the carbon footprint is possible, but only in stages, and over a far longer than ideal time period, and only if...
by Reuters | May 9, 2024 | General
By Ahmad Ghaddar, Trixie Yap and Shariq Khan LONDON/SINGAPORE/NEW YORK (Reuters) – Profit margins for diesel are slumping as new refineries boost supplies and as mild weather in the northern hemisphere and slow economic activity eat into demand, putting oil...