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Category: Business

Stellantis shares drop to over 2-year low as investors question dividend
Business

Stellantis shares drop to over 2-year low as investors question dividend

MILAN (Reuters) – Stellantis shares fell further on Thursday amid concerns over the sustainability of the automaker’s dividend following a…

October 3, 2024
Business

Tesla recalls more than 27,000 Cybertrucks to fix rear-view camera delay

(Reuters) -Tesla said on Thursday it would recall more than 27,000 Cybertrucks due to delayed rear-view camera images that could…

October 3, 2024
Apple readies new iPhone SE, upgraded iPad Air for early next year, Bloomberg News reports
Business

Apple readies new iPhone SE, upgraded iPad Air for early next year, Bloomberg News reports

(Reuters) -Apple is nearing production of an updated iPhone SE that will serve as an new entry-level model for early…

October 2, 2024
Tesla misses estimates for third-quarter deliveries on stiff competition
Business

Tesla misses estimates for third-quarter deliveries on stiff competition

By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…

October 2, 2024
Crypto asset manager Bitwise files for XRP ETP with securities regulator
Business

Crypto asset manager Bitwise files for XRP ETP with securities regulator

(Reuters) – Crypto asset manager Bitwise has filed an initial registration statement with the U.S. SEC for an exchange-traded product…

October 2, 2024
SoftBank to invest $500 million in OpenAI, The Information reports
Business

SoftBank to invest $500 million in OpenAI, The Information reports

(Reuters) – Japanese telecom company SoftBank’s Vision Fund will invest $500 million in OpenAI’s latest funding round, The Information reported…

September 30, 2024
Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks
Business

Stellantis recalls 194,000 Jeep plug-in hybrids over fire risks

By David Shepardson WASHINGTON (Reuters) -Stellantis said Monday it is recalling 194,000 plug-in hybrid electric Jeep SUVs to address fire…

September 30, 2024
OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
Business

OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025

By Krystal Hu and Kenrick Cai (Reuters) – Thrive Capital is investing more than $1 billion of OpenAI’s current $6.5…

September 28, 2024
Apple drops out of talks to join OpenAI investment round, WSJ says
Business

Apple drops out of talks to join OpenAI investment round, WSJ says

(Reuters) – Apple has left negotiations to participate in an OpenAI funding round expected to raise about $6.5 billion, the…

September 28, 2024
Chinese automaker BYD seeks further easing of Mexico EV tariffs
Business

Chinese automaker BYD seeks further easing of Mexico EV tariffs

MEXICO CITY (Reuters) -Chinese automaker BYD is seeking an extension of tariff relief for electric vehicle imports from Mexico’s government,…

September 27, 2024

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