Tesla settles race bias claims by Black former worker after $3 million verdict
By Daniel Wiessner (Reuters) -Tesla has settled a long running lawsuit by a Black former factory worker who claimed he…
Author: Wall St Mavens
Telecom Italia flags cash call risk to investors if KKR deal collapses, sources say
MILAN (Reuters) – Telecom Italia’s (TIM) Chief Executive Pietro Labriola has warned investors the company could need to raise billions…
SpaceX Starship disintegrates after completing most of third test flight
By Joe Skipper, Steve Gorman and Joey Roulette BOCA CHICA, Texas (Reuters) -SpaceX’s Starship rocket, designed to eventually send astronauts…
Microsoft singles out Google’s competitive edge in generative AI
(This March 14 story has been corrected to say 15 million euros and not 15 billion euros, in paragraph 11)…
Wall St ends down after PPI data and as chipmakers fall
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks dropped on Thursday, with chipmaker stocks extending losses for a second day,…
Amazon’s Zoox robotaxis to drive faster, farther, at night in Las Vegas
By Greg Bensinger (Reuters) – Amazon.com’s self-driving car unit, Zoox, is seeking to stay abreast of rival Waymo by expanding…
Biden to raise concern over Nippon Steel’s deal for U.S. Steel, source says
By Trevor Hunnicutt and David Brunnstrom WASHINGTON (Reuters) -U.S. President Joe Biden plans to express concern over Nippon Steel’s proposed…
Wall Street ends mostly lower as chipmakers ease; inflation data ahead
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq edged lower on Wednesday as investors took profits in…
Global corporate dividends hit record $1.66 trillion in 2023
By Lucy Raitano LONDON (Reuters) – Corporate dividends globally hit an all-time high of $1.66 trillion in 2023, with record…
Russia’s nuclear arsenal: how big is it, and who controls it?
By Guy Faulconbridge MOSCOW (Reuters) -President Vladimir Putin warned the West on Wednesday that Russia was technically ready for nuclear…