(Reuters) – Tesla’s electric-vehicle registrations in California dropped 15.1% during the first quarter, according to industry data, signaling an accelerated decline and growing challenges for the Elon Musk-led automaker in the crucial U.S. market.The...
By Hritam MukherjeeBENGALURU (Reuters) – Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast emerging as a major technology center after being known for years as a manufacturing hub.Global companies are...
By Michael S. Derby(Reuters) – Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S. economy right now argue for the central bank to hold steady on interest rate policy and take in more information...
(Reuters) – A federal judge on Tuesday threw out a U.S. Consumer Financial Protection Bureau rule capping credit card late fees at $8, after the agency agreed with opponents that the rule adopted during President Joe Biden’s administration was illegal....
MILAN (Reuters) -Stellantis Chairman John Elkann said on Tuesday U.S. tariffs and strict European Union emissions standards were threatening the industry, as the automaker continued its search for a new chief executive.”With the current path of painful tariffs...
(Reuters) -Albertsons forecast annual profit below estimates on Tuesday as the company offers selective discounts and invests in its loyalty program to drive sales while inflation pressures consumer spending, sending its shares down 3%.Retailers are tempering their...