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Chips firms seek double $28 billion US subsidies available, Commerce Dept says FILE PHOTO: U.S. Secretary of Commerce Raimondo vists China

FILE PHOTO: U.S. Secretary of Commerce Raimondo vists China

Chips firms seek double $28 billion US subsidies available, Commerce Dept says

Market Spectator February 26, 2024

By David Shepardson WASHINGTON (Reuters) -U.S. Commerce Secretary Gina Raimondo said on Monday most chips companies seeking...

Oil gains over $1 on possible shipping disruptions FILE PHOTO: Oil rig pumpjacks extract crude from the Wilmington

FILE PHOTO: Oil rig pumpjacks extract crude from the Wilmington

Oil gains over $1 on possible shipping disruptions

Market Spectator February 26, 2024

By Erwin Seba HOUSTON (Reuters) – Oil prices gained on Monday as European diesel demand, constrained by...

AT&T to give billing credits to consumers impacted by outage FILE PHOTO: The company logo for AT&T is displayed on

AT&T to give billing credits to consumers impacted by outage

Market Spectator February 25, 2024

By David Shepardson WASHINGTON (Reuters) -AT&T will award billing credits to consumers impacted or potentially impacted earlier...

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR FILE PHOTO: Illustration shows Broadcom logo

Exclusive-Broadcom nears $3.8 billion sale of remote access unit to KKR

Market Spectator February 24, 2024

By Milana Vinn (Reuters) -Chipmaker Broadcom is nearing a $3.8 billion deal to sell its business that...

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

Warren Buffett says Berkshire ‘built to last’ though eye-popping gains are over

Market Spectator February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett on Saturday moved to reassure investors that his conglomerate Berkshire...

Buffett’s Berkshire posts record profit on insurance, investments FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the

Buffett’s Berkshire posts record profit on insurance, investments

Market Spectator February 24, 2024

By Jonathan Stempel (Reuters) – Warren Buffett’s Berkshire Hathaway on Saturday posted its second straight record annual...

Ford halts shipments of new F-150 Lightning EVs Ford Motor Co. reveals the 2024 Ford F-150 pick-up truck

Ford Motor Co. reveals the 2024 Ford F-150 pick-up truck

Ford halts shipments of new F-150 Lightning EVs

Market Spectator February 24, 2024

By David Shepardson (Reuters) -Ford Motor said on Friday it had halted shipments of all 2024 model...

Delta seeks reversal of US plan to scrap airline’s Aeromexico partnership FILE PHOTO: Delta Air Lines passenger planes parked in Birmingham

FILE PHOTO: Delta Air Lines passenger planes parked in Birmingham

Delta seeks reversal of US plan to scrap airline’s Aeromexico partnership

Market Spectator February 24, 2024

By David Shepardson WASHINGTON (Reuters) -Delta Air Lines on Friday urged the U.S. government to allow the...

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger British sports car maker Lotus unveils its new fully-electric "Emeya"

British sports car maker Lotus unveils its new fully-electric "Emeya"

EV maker Lotus Tech closes up modestly in Nasdaq debut after SPAC merger

Market Spectator February 23, 2024

By Echo Wang and Lance Tupper NEW YORK (Reuters) -Shares of Lotus Technology closed up 2% in...

US intercepts small balloon over Utah, determines it’s not a threat

US intercepts small balloon over Utah, determines it’s not a threat

Market Spectator February 23, 2024

WASHINGTON (Reuters) -The U.S. military intercepted a small balloon over the state of Utah on Friday and...