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…
Category: Business
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…
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…
Arm’s shares rise as Wall Street eyes IPO lock-up expiration
By Chibuike Oguh NEW YORK (Reuters) -Shares of Arm Holdings, the British chip designer backed by Softbank Group, gained 2.1%…
Tesla official talks up Southeast Asia expansion as China’s BYD pulls ahead
(Reuters) – Tesla’s expansion into Southeast Asia is a priority, a senior executive said on Tuesday, highlighting the fast-growing market…