(Reuters) -Elon Musk, the world’s richest man, is being sued by the U.S. Securities and Exchange Commission, which is trying…
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EV maker Rivian shares have record drop after convertible bond offering launched
By Chibuike Oguh and Abhirup Roy NEW YORK (Reuters) -Shares of Rivian Automotive Inc fell by nearly 23% on Thursday,…
Biden team weighs using US State Dept grants to fund weapons for Ukraine -US official
(Reuters) – The Biden administration is considering using a U.S. State Department grant program to send additional military aid to…
Global miner BHP to focus on cost cuts, patient on M&A
By Melanie Burton MELBOURNE (Reuters) -Global miner BHP Group is focused on cutting costs to drive growth while being patient…
UAW, automakers signal progress after days of stalemate -sources
By Joseph White and David Shepardson DETROIT (Reuters) – Negotiators for the United Auto Workers and Ford Motor have narrowed…
Oil settles down more than $5 as US data shows weak demand for gasoline
By Laura Sanicola (Reuters) -Oil prices settled down more than $5 on Wednesday as fuel demand destruction and a bleaker…
Apple CEO Tim Cook makes $41 million from biggest stock sale in two years
(Reuters) – Apple Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two…
Google launches Pixel 8, smartwatch with new AI feature
By Yuvraj Malik and Max A. Cherney (Reuters) – Alphabet’s Google on Wednesday launched Pixel 8 smartphones and a new…
Kevin McCarthy ousted by US House Republicans in historic vote
By Moira Warburton, Richard Cowan and David Morgan WASHINGTON (Reuters) -A handful of Republicans in the U.S. House of Representatives…
Meta’s Instagram, Facebook to charge EU users for ad-free service – sources
By Supantha Mukherjee and Jyoti Narayan (Reuters) – Meta Platforms is looking to introduce ad-free subscription plans for Instagram and…