Automakers oppose Cleveland-Cliffs push to buy U.S. Steel
By David Shepardson WASHINGTON (Reuters) -A group representing major automakers on Tuesday said the industry opposes steelmaker Cleveland-Cliffs’ proposed acquisition…
Category: General
US seeks to block JetBlue’s Spirit Airlines deal at trial
By Nate Raymond BOSTON (Reuters) -The U.S. argued on Tuesday that JetBlue Airways’ planned $3.8 billion acquisition of ultra-low-cost carrier…
BP shares slump as Q3 profit misses forecast on weak gas
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP on Tuesday reported third-quarter earnings of $3.3 billion, missing analysts’…
US lawmakers urge Yellen to speed up China outbound investment rules
By Michael Martina WASHINGTON (Reuters) – The Republican and Democratic leaders of a U.S. congressional committee on China urged Treasury…
Raytheon, Kongsberg to further develop NASAMS missile system, Norway says
COPENHAGEN (Reuters) – The Norwegian defence ministry on Tuesday said it had agreed a new collaboration with U.S. based RTX…
Google CEO acknowledges importance of being default search engine in US trial
By Diane Bartz WASHINGTON (Reuters) -Google CEO Sundar Pichai on Monday acknowledged the importance of making its search engine the…
Biden administration aims to cut AI risks with executive order
By Jeff Mason, Trevor Hunnicutt and Alexandra Alper (Reuters) -U.S. President Joe Biden is seeking to reduce the risks that…
VF Corp withdraws annual forecasts on slowing demand for higher-priced apparel
(Reuters) – VF Corp withdrew its full-year revenue and profit forecasts on Monday, with demand for its higher-priced apparel and…
From Amazon to McDonald’s, strong earnings show U.S. consumer resilience
By Ananya Mariam Rajesh and Aishwarya Venugopal (Reuters) – In a strong quarter for earnings, the big consumer stocks have…
Lower prices, oversupply to weigh on lithium miners
By Arunima Kumar (Reuters) – Albemarle Corp, the world’s largest producer of lithium, is expected to report lower quarterly profit…