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

Latest From Reuters

Business|Economy|Technology

IBM falls as enterprise-spending constraints choke consulting demand

Shares of International Business Machines fell more than 8% in premarket trading on Thursday, as its consulting business faces pressure from enterprises tightening their budgets to cope

IBM falls as enterprise-spending constraints choke consulting demand
Business|Technology|Travel

Klarna to offer payment services on Uber's platform

Sweden's Klarna on Wednesday partnered with Uber Technologies to offer its payment services across the company's ridesharing and food delivery platforms in a few markets, including the

Klarna to offer payment services on Uber's platform
Business|Economy|Technology

Texas Instruments' upbeat Q2 forecast pushes chip stocks higher

Texas Instruments jumped around 6.5% on Wednesday, sparking a rally in chip stocks as its strong second-quarter revenue forecast fanned optimism that chip demand was

Texas Instruments' upbeat Q2 forecast pushes chip stocks higher
Business|Technology|Travel

Korean Air in talks to buy Boeing 777X jets, sources say

Korean Air is in talks over the purchase of at least 10 Boeing 777X jetliners in a potential tilt back towards its traditional U.S. supplier

Korean Air in talks to buy Boeing 777X jets, sources say
Business|Technology

Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo

Tesla said on Tuesday that it will use its existing factories to build new and more affordable vehicles as early as late this year, leaving investments in new factories in

Tesla's shift on low-cost cars throws Mexico, India factory plans into limbo
Business|Economy|Technology

Boeing, Spirit agree $425 million deal to address supplier's issues

Spirit AeroSystems said Boeing would give it advance payments of $425 million and help it address issues like higher levels of inventory and lower cashflows after the U.S. aviation

Boeing, Spirit agree $425 million deal to address supplier's issues
Business|Economy|Technology|World

Google invests $640 million in new data centre in Netherlands

Alphabet-owned Google is investing 600 million euros ($640.62 million) in a new data centre in the Dutch city of Groningen, it said on Tuesday, adding the investment will create

Google invests $640 million in new data centre in Netherlands
Business|Economy|Technology

Tesla shares rise ahead of quarterly results

Shares of Tesla gained on Tuesday ahead of the electric car maker's first-quarter results, with analysts expecting its lowest gross profit margin in more than six years due to price cuts

Tesla shares rise ahead of quarterly results
Business|Technology|Travel

Former JetBlue CEO Hayes to lead Airbus in North America

Former JetBlue Airways CEO Robin Hayes has been named as the new head of Airbus' operations in North America, the European planemaker said Monday.

Former JetBlue CEO Hayes to lead Airbus in North America
Business|Economy|News|Technology

Tesla shares tumble on price cuts in run-up to earnings

Tesla tumbled 4% on Monday, as its latest global price cuts fanned Wall Street concerns about dwindling margins at the electric-vehicle maker in the run-up to its earnings report later this

Tesla shares tumble on price cuts in run-up to earnings
Business|Economy|Health|Technology

Medical device maker Intuitive beats estimates on strong demand for surgical robots

Intuitive Surgical beat Wall Street estimates for first-quarter profit and revenue on Thursday, riding on higher demand for its robots used in minimally invasive procedures.

Medical device maker Intuitive beats estimates on strong demand for surgical robots
Business|Technology

Why is the US government trying to ban TikTok or force Bytedance to divest?

TikTok and its owner Bytedance on Tuesday sued to stop a law that would give its Chinese parent about a year to divest the U.S. assets of the short-video app, or face a

Why is the US government trying to ban TikTok or force Bytedance to divest?
Business|Economy|Technology

What are EV startups doing to ride out weak demand?

Fisker filed for bankruptcy protection on Monday, the latest electric-vehicle startup to succumb to fundraising difficulties, slow sales, as well as supply chain and distribution challenges

What are EV startups doing to ride out weak demand?
Business|Technology

How Elon Musk's pay package compares with other top CEOs in the US

Tesla shareholders will vote on Thursday on whether to ratify CEO Elon Musk's $56 billion pay package, which a Delaware judge voided in January because she found he improperly controlled

How Elon Musk's pay package compares with other top CEOs in the US
Business|Health|Science

Bavarian Nordic gets $63 million US government order for small pox, mpox vaccine

Bavarian Nordic has received an order worth $63 million from the U.S. government to produce additional bulk product and the final freeze-dried doses of its mpox and smallpox vaccine,

Bavarian Nordic gets $63 million US government order for small pox, mpox vaccine
Health|Science

Biohaven surges as genetic disease drug meets main study goal

Biohaven's drug for a genetic disease that affects the nervous system met the main study goal, sending its shares up more than 12% as the trial data allayed investor

Biohaven surges as genetic disease drug meets main study goal
Science|Technology

SpaceX plans to send five uncrewed Starships to Mars in two years, Musk says

SpaceX plans to launch about five uncrewed Starship missions to Mars in two years, CEO Elon Musk said on Sunday in a post on social media platform X.

SpaceX plans to send five uncrewed Starships to Mars in two years, Musk says
Economy|Science|Technology

Microsoft deal propels Three Mile Island restart, with key permits still needed

Constellation Energy and Microsoft have signed a power deal to help resurrect a unit of the Three Mile Island nuclear plant in

Microsoft deal propels Three Mile Island restart, with key permits still needed
Business|Science|Technology

GM's Cruise to begin testing autonomous vehicles in California

General Motors' self-driving unit Cruise said on Thursday it will begin supervised testing with up to five autonomous vehicles in fall this year in California's Bay Area.

GM's Cruise to begin testing autonomous vehicles in California
Business|Environment|Science|Technology

Upstream electrification can cut oil and gas production emissions by more than 80%, report says

Oil and gas production facilities could reduce associated emissions by more than 80% by switching to electricity generated from renewables or natural gas designated for burning, a report

Upstream electrification can cut oil and gas production emissions by more than 80%, report says
Asia|Australia|Environment|Science|World

La Nina, if it appears, will likely be brief, Australia's weather bureau says

Conditions in the Pacific Ocean have become more La Nina-like in recent weeks, but if the weather pattern does form, it is likely to be weak and short-lived, Australia's weather

La Nina, if it appears, will likely be brief, Australia's weather bureau says
Science|Technology

Intuitive Machines clinches $4.8 billion navigation services contract from NASA

Intuitive Machines said on Tuesday it has bagged a navigation and communication services contract of up to $4.82 billion from NASA for missions

Intuitive Machines clinches $4.8 billion navigation services contract from NASA
Health|Science|Technology

Musk's Neuralink gets FDA's breakthrough device tag for 'Blindsight' implant

Elon Musk's brain-chip startup Neuralink said on Tuesday its experimental implant aimed at restoring vision received the U.S.

Musk's Neuralink gets FDA's breakthrough device tag for 'Blindsight' implant
Science|Technology|World

Iran launches second satellite this year into orbit, state media says

Iran on Saturday launched a research satellite into orbit with a rocket built by the Revolutionary Guards, state media reported.

Iran launches second satellite this year into orbit, state media says
Science|Technology

Spacecraft carrying Russians and American docks with International Space Station

A spacecraft carrying an American astronaut and two Russian cosmonauts took off from the Baikonur cosmodrome in Kazakhstan late on Wednesday evening and docked with the

Spacecraft carrying Russians and American docks with International Space Station

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