(Reuters) – Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly 1 million units, as President Donald Trump’s tariffs make it more expensive to buy a vehicle.While Trump on Wednesday halted reciprocal tariffs...
PARIS (Reuters) – French automotive suppliers Novares and Valeo are asking customers to cover the full cost of new U.S. duties upfront, company executives said, underlining the hit to global carmakers from President Donald Trump’s tariffs on car...
HONG KONG (Reuters) – China’s state planner said on Tuesday it held a meeting with private domestic companies, including Trina Solar, ride-hailing company Didi and Goertek, to hear suggestions about how to deal with additional U.S. tariffs.The meeting,...
(Reuters) -Walgreens, which is in the process of being taken private by Sycamore Partners, beat Wall Street estimates for quarterly profit as the pharmacy chain operator benefited from a turnaround effort that included closing underperforming stores.The company, whose...
(Reuters) – Ripple said on Tuesday it will buy multi-asset prime broker Hidden Road in a $1.25 billion deal, making it one of the largest acquisitions by the crypto company.This is the second billion-dollar-plus deal involving a crypto company this year, as...
(Reuters) – Meta Platforms on Saturday released the latest version of its large language model (LLM) Llama, called the Llama 4 Scout and Llama 4 Maverick.Meta said Llama is a multimodal AI system. Multimodal systems are capable of processing and integrating...