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Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
  • Business

Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit

Market Spectator June 24, 2024
By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first...
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AT&T wants Big Tech firms to pay into telecom and broadband subsidy fund
  • Business

AT&T wants Big Tech firms to pay into telecom and broadband subsidy fund

Market Spectator June 24, 2024
By David Shepardson WASHINGTON (Reuters) -AT&T CEO John Stankey said on Monday that Congress should give the...
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Big US banks expected to be cautious on shareholder payouts after stress tests

Big US banks expected to be cautious on shareholder payouts after stress tests

Market Spectator June 24, 2024
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – Big U.S. lenders are expected to show they...
Read More Read more about Big US banks expected to be cautious on shareholder payouts after stress tests
Macron warns podcast of ‘civil war’ risk as French elections loom
  • Top News

Macron warns podcast of ‘civil war’ risk as French elections loom

Market Spectator June 24, 2024
PARIS (Reuters) – French President Emmanuel Macron told a podcast episode shown on Monday that both the...
Read More Read more about Macron warns podcast of ‘civil war’ risk as French elections loom
OpenAI acquires database analytics firm Rockset
  • Business

OpenAI acquires database analytics firm Rockset

Market Spectator June 21, 2024
(Reuters) – Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the...
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Apple to delay launch of AI-powered features in Europe, blames EU tech rules
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Apple to delay launch of AI-powered features in Europe, blames EU tech rules

Market Spectator June 21, 2024
By Foo Yun Chee BRUSSELS (Reuters) – Apple will delay launching three new artificial intelligence features because...
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Tesla tells judge that shareholder vote should reverse Musk pay ruling

Tesla tells judge that shareholder vote should reverse Musk pay ruling

Market Spectator June 21, 2024
By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge should recognize a vote by Tesla shareholders...
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Record high prices, rising mortgage rates dampen US home sales

Record high prices, rising mortgage rates dampen US home sales

Market Spectator June 21, 2024
By Lucia Mutikani WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May...
Read More Read more about Record high prices, rising mortgage rates dampen US home sales
Boeing shifting engineers to help focus on commercial planes, Air Current reports
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Boeing shifting engineers to help focus on commercial planes, Air Current reports

Market Spectator June 20, 2024
(Reuters) – Boeing is shifting engineers away from its experimental X-66A plane program and other projects to...
Read More Read more about Boeing shifting engineers to help focus on commercial planes, Air Current reports
Nestle, Coke take cautious approach to catering to Ozempic users

Nestle, Coke take cautious approach to catering to Ozempic users

Market Spectator June 20, 2024
By Jessica DiNapoli NEW YORK (Reuters) -Nestle’s new food brand for people taking weight-loss drugs like Wegovy...
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