Tesla’s China-made EV sales fall 6% y/y in April as woes deepen
BEIJING (Reuters) – Tesla’s China-made electric vehicle sales fell 6% in April from a year earlier, extending declines for a…
Airlines re-route, cancel flights due to India-Pakistan fighting
By Ben Blanchard, Abhijith Ganapavaram and Dan Catchpole TAIPEI/NEW DELHI (Reuters) -Several Asian airlines including Taiwan’s China Airlines and Korean…
Amazon’s Bezos leads new investment in AI data company Toloka
By Alexander Marrow LONDON (Reuters) -Jeff Bezos’ personal firm Bezos Expeditions is leading a $72-million investment in artificial intelligence data…
Teva Pharm first-quarter profit rise tops estimates
JERUSALEM (Reuters) -Teva Pharmaceutical Industries reported a slightly larger than expected rise in first-quarter profit, helped by strong sales gains…
CrowdStrike to lay off 5% of staff, reaffirms forecasts
(Reuters) -CrowdStrike reiterated its fiscal 2026 first quarter and annual forecasts on Wednesday and announced a plan to cut about…
Intel shareholders approve equity incentive plan, new CEO pay
SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to…
Cisco shows quantum networking chip, opens new lab
By Stephen Nellis SAN FRANCISCO (Reuters) -Cisco Systems on Tuesday showed a prototype chip for networking quantum computers together and…
Stressed US companies restructured more debt in April
By Shankar Ramakrishnan (Reuters) -Debt restructuring by financially stressed U.S. companies rose nearly 60% in April, data from JPMorgan showed…
Buffett’s Dairy Queen on guard as tariffs weigh on desire to dine out
By Jonathan Stempel OMAHA, Nebraska (Reuters) -Dairy Queen, owned by Warren Buffett’s Berkshire Hathaway, has seen signs that consumers are…
US will not pay for California high-speed rail, Trump says
By David Shepardson and Steve Holland WASHINGTON (Reuters) – The U.S. government will not pay for a high-speed rail line…