Today: October 05, 2024
Today: October 05, 2024

Latest From Reuters

Business|Economy|Technology

Western rare earths supply chain springs into gear

Global supply chains for rare earths are realigning to diversify away from top producer China to make permanent magnets used in products from electric vehicles to wind turbines

Western rare earths supply chain springs into gear
Business|Technology

Microsoft extends rally with a record-breaking stock market value

** Shares of Microsoft climb 1.3%, ending the session with a market cap of $3.33 trln, a record for any co, while Apple and Nvidia were close behind ** AAPL ahead of MSFT for part of the session

Microsoft extends rally with a record-breaking stock market value
Economy|Political|Technology

China's Wuhan Tianyu says inclusion on US sanctions list may impact forex transactions

China's Wuhan Tianyu Information Industry said on Sunday the U.S. including it on a sanctions list was a "unilateral" act that could affect the data security company's foreign

China's Wuhan Tianyu says inclusion on US sanctions list may impact forex transactions
Business|Technology

OpenAI CEO says company could become for-profit corporation, The Information reports

OpenAI CEO Sam Altman told some shareholders that the company is considering changing its governance structure to a for-profit business that the firm's nonprofit board doesn't control, The

OpenAI CEO says company could become for-profit corporation, The Information reports
Business|Economy|Technology

Norway wealth fund to continue 'constructive dialogue' with Tesla after AGM

Norway's $1.7 trillion wealth fund, a top shareholder in Tesla, will continue "a constructive dialogue" with the automaker after its annual general meeting endorsed CEO Elon Musk's $

Norway wealth fund to continue 'constructive dialogue' with Tesla after AGM
Business|Technology

Tesla to fix software in 5,836 imported cars in China, watchdog says

China's market regulator said on Friday that Tesla would fix software in 5,836 imported Model 3, Model S and Model X cars from July, citing safety issues.

Tesla to fix software in 5,836 imported cars in China, watchdog says
Business|Technology

Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say

Boeing has told suppliers it is delaying a key production milestone for its 737 jet family by three months, two industry sources said, as it continues to

Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
Business|Technology

GameStop postpones shareholder meet to June 17 after technical difficulties

Video game retailer GameStop said that its virtual annual shareholders' meeting on Thursday was postponed without any business being conducted due to technical difficulties.

GameStop postpones shareholder meet to June 17 after technical difficulties
Business|Technology

Microsoft to delay release of Recall AI feature on security concerns

Microsoft will not roll out "Recall", an AI-powered feature that tracks computer usage, with its new computers next week and will instead preview it with a smaller group later, the tech

Microsoft to delay release of Recall AI feature on security concerns
Business|Technology

Japan's Honda to start selling micro-sized electric vans in October

Honda Motor will start selling a micro-sized electric van targeted at Japan's delivery industry in October, the Japanese automaker said on Thursday, joining an increasingly crowded

Japan's Honda to start selling micro-sized electric vans in October
Business|Technology

Samsung chief Lee discusses cooperation with Meta, Amazon and Qualcomm

Samsung Electronics said on Thursday its chairman met with the heads of Meta, Qualcomm and Amazon this week to discuss cooperation and that topics included artificial intelligence,

Samsung chief Lee discusses cooperation with Meta, Amazon and Qualcomm
Business|Economy|Technology

China's Chery Auto: EU factory will help mitigate EV tariffs

Chery Auto, China's largest automaker by export volume, expects its planned production in Europe to help offset the impact of European Union tariffs on imports of China-made electric

China's Chery Auto: EU factory will help mitigate EV tariffs
Business|Technology

NHIndustries signs 600 million euro NATO deal for helicopter upgrade

NHIndustries has signed a contract worth more than 600 million euros ($648.18 million) with the NATO helicopter management agency (NAHEMA) to develop an upgrade of the NH90 military

NHIndustries signs 600 million euro NATO deal for helicopter upgrade
Business|Economy|Technology

Tesla expects to raise price of China-made cars in EU after duty increase

Tesla expects to increase the price of its Model 3 because of European Union import duties on electric vehicles (EVs) made in China, the carmaker said on its website on Thursday.

Tesla expects to raise price of China-made cars in EU after duty increase
Business|Economy|Technology

China's Geely expresses disappointment in EU tariff decision, vows 'necessary measures' to safeguard rights

Chinese automaker Geely on Thursday expressed "great disappointment" in the European Union's decision to increase tariffs on Chinese-made electric vehicles, vowing "all necessary

China's Geely expresses disappointment in EU tariff decision, vows 'necessary measures' to safeguard rights
Business|Entertainment|Technology

Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows

Keith Gill, the stock influencer known as Roaring Kitty, updated his holding of GameStop on Thursday to show he now owns 9 million shares of the company, up from 5 million at the

Roaring Kitty nearly doubles GameStop holdings to 9 million shares, Reddit post shows
Business|Technology

Adobe raises full-year revenue forecast on robust software demand

Photoshop maker Adobe raised its revenue forecast for fiscal 2024 on Thursday as more businesses and consumers take to its artificial intelligence-powered editing tools

Adobe raises full-year revenue forecast on robust software demand
Business|Technology

Reaction to Tesla shareholders approving Elon Musk's $56 billion pay package

Tesla shareholders approved CEO Elon Musk's $56 billion pay package, the electric vehicle-maker said on Thursday, a big thumbs-up to his leadership and an enticement for keeping his focus

Reaction to Tesla shareholders approving Elon Musk's $56 billion pay package
Business|Technology

EV startup Fisker to recall more than 11,000 vehicles in latest setback (June 12)

(This June 12 story has been corrected to say that the company will recall more than 11,000 vehicles, not 18,000 vehicles, in the headline, and that it is recalling thousands of cars, not

EV startup Fisker to recall more than 11,000 vehicles in latest setback (June 12)
Business|Economy|Technology

Microsoft, BlackRock CEOs expected to attend G7 session in Italy

The heads of U.S. corporate heavyweights Microsoft and BlackRock are expected to attend talks on infrastructure development during the Group of Seven (G7) summit in southern

Microsoft, BlackRock CEOs expected to attend G7 session in Italy
Business|Technology

Tesla shareholder meeting: How investors are voting on Musk's $56 billion pay package

Investors will vote on Tesla CEO Elon Musk's $56 billion compensation package and the company's reincorporation in Texas, from Delaware, at a shareholder meeting on Thursday.

Tesla shareholder meeting: How investors are voting on Musk's $56 billion pay package
Business|Technology

Virgin Galactic announces reverse stock split

Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in extended trading.

Virgin Galactic announces reverse stock split
Business|Economy|Entertainment|Technology

Paramount Global tells employees it will focus on strategic plan

Paramount Global's leadership team told employees Wednesday the company will focus on its new plan to transform its streaming business, reduce costs and divest some assets to help pay down

Paramount Global tells employees it will focus on strategic plan
Business|Technology

Broadcom boosts revenue forecast from AI chips, unveils stock split

Broadcom raised its annual forecast for revenue from chips that help in artificial intelligence work by 10% on Wednesday, and announced a stock split to take advantage of

Broadcom boosts revenue forecast from AI chips, unveils stock split
Business|Technology

Tesla reported to police in Sweden over alleged illegal electrical work

U.S. electric vehicle manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation work without the necessary registration, the Swedish

Tesla reported to police in Sweden over alleged illegal electrical work

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