by Reuters | May 7, 2024 | General
WASHINGTON (Reuters) -TikTok and its owner Bytedance on Tuesday sued to stop a law that would give its Chinese parent about a year to divest the U.S. assets of the short-video app, or face a nationwide ban. Here is a look at the effort to ban the app. WHY ARE US...
by Reuters | May 7, 2024 | General
(Reuters) – Microsoft’s Xbox is shutting down a number of gaming studios including Arkane Austin, making it the latest publisher to shut down studios amid signs of a gaming slowdown. Studios such as “Hi-Fi Rush” maker Tango Gameworks,...
by Reuters | May 7, 2024 | General
By Joey Roulette and Steve Gorman CAPE CANAVERAL, Florida (Reuters) – The long-awaited first crewed test flight of Boeing’s Starliner spacecraft will be no earlier than Friday, NASA said, after the planned launch on Monday was halted over a fault with the...
by Reuters | May 6, 2024 | General
By Tom Polansek and Granth Vanaik (Reuters) -Tyson Foods shares suffered their worst one-day decline in a year on Monday after the U.S. meatpacker warned that consumers are under pressure from persistent inflation and high commodity costs could weigh on upcoming...
by Reuters | May 6, 2024 | General
(Reuters) -Retail trading platform Robinhood Markets said on Monday it received an enforcement action notice from the U.S. Securities and Exchange Commission (SEC) on May 4 over crypto tokens traded on its platform. The company said it received a so-called...
by Reuters | May 6, 2024 | General
(Reuters) – Axon Enterprise raised its full-year core profit and revenue forecast Monday, banking on strong demand for its software products and recently launched TASER 10 policing device. The company now expects full-year 2024 revenue to be between $1.94...
by Reuters | May 6, 2024 | General
By Gilles Guillaume PARIS (Reuters) – China’s premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior...
by Reuters | May 6, 2024 | General
By Doina Chiacu WASHINGTON (Reuters) -Republican presidential candidate Donald Trump accused Democratic rival President Joe Biden of running a “Gestapo administration” in a private address to donors in which he also attacked prosecutors involved in his...
by Reuters | May 6, 2024 | General
By Georgina McCartney HOUSTON (Reuters) -As Big Oil returns this week to the industry’s annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight. Offshore...
by Reuters | May 6, 2024 | General
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position...
