Exclusive-Chevron CEO warned staff of rising safety issues before fatal Angola platform fire
By Sheila DangHOUSTON (Reuters) -Chevron CEO Mike Wirth told employees they needed to reinforce safety standards after a growing number of injury near-misses in an internal video message on April 29, just weeks before three workers died due to a fire on one of the...
China’s EV makers turn on BYD as price war escalates
BEIJING/SHANGHAI (Reuters) -Fierce competition among China’s leading EV makers has intensified, with a long-running dispute between BYD and Great Wall Motor over emissions compliance escalating after Geely joined in to criticise BYD’s aggressive price...
Musk’s father says Trump row triggered by intense stress, has to end
By Guy FaulconbridgeMOSCOW (Reuters) -The row between Donald Trump and Elon Musk was triggered by months of intense stress on both sides, and the public battle between the U.S. president and the billionaire donor needs to stop, Musk’s father told Reuters on...
Tariffs on canola seen supercharging Canadian farmers’ shift to spring wheat
By Ed WhiteWINNIPEG, Canada (Reuters) -In the U.S. Great Plains, where spring wheat once dominated fields, farmers are turning away from the crop. But across the border in Canada, the pinch and prospect of Chinese and U.S. tariffs on canola have prompted farmers to...
Robinhood shares fall as S&P 500 inclusion hopes dashed
(Reuters) -Shares of Robinhood Markets dipped 5% in premarket trading on Monday, after S&P Dow Jones Indices made no changes to the S&P 500 membership following recent speculation that the online brokerage would be added to the index. S&P Dow Jones Indices...
Merck’s cholesterol drug meets main goal in two studies
(Reuters) -Merck said on Monday its drug met the main goal of reducing a type of cholesterol in two late-stage studies. The drug, enlicitide decanoate, is being evaluated as a treatment for hyperlipidemia, a condition where there is elevated buildup of fat in the...
Advanced nuclear companies and others urge Senate to keep energy tax credits
(Reuters) -Energy companies representing technologies that provide baseload, or stable and consistent power, on Tuesday urged U.S. Senate leadership to preserve clean energy tax credits that were effectively gutted by a Republican bill passed last month by the House...
Lululemon shares tumble as yogawear firm warns tariffs will crimp profit
By Savyata Mishra(Reuters) – Lululemon Athletica’s shares fell 20% in premarket trading on Friday, as the maker of high-end leggings warned that tariff-related costs and uneven demand in key markets of North America and China will dent its profits this...