By Daniel Wiessner (Reuters) -The administration of U.S. President Joe Biden on Tuesday unveiled a […]
Author: Reuters
Big banks face probe over NDAs in swaps, clearing businesses, Bloomberg reports
(Reuters) -The Commodity Futures Trading Commission (CFTC) has reached out to a number of banks, […]
Tesla to cut more than 6,000 jobs in Texas, California, notices show
(Reuters) -Tesla said it will lay off 6,020 employees in Texas and California ahead of […]
Egypt economy seen growing slower after IMF deal before picking up- Reuters poll
By Patrick Werr CAIRO (Reuters) – Egypt’s economy will grow slower than previously expected this […]
US power, tech companies lament snags in meeting AI energy needs
By Laila Kearney NEW YORK (Reuters) – U.S. electrical systems are not expanding fast enough […]
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on […]
Mortgage rates top 7% for the first time this year, Freddie Mac says
By Amina Niasse NEW YORK (Reuters) – U.S. mortgage rates increased by the most since […]
Tesla shares fall as Deutsche Bank flags risks from focus on Robotaxi
(Reuters) – Tesla shares fell to their lowest in more than a year on Thursday […]
Walmart-backed Ibotta targets up to $2.7 billion valuation in US IPO
(Reuters) – Walmart-backed digital marketing company Ibotta will likely raise $577.3 million at a valuation […]
Exclusive-Donald Trump mulls middle-class tax cut as he eyes return to office
By Gram Slattery WASHINGTON (Reuters) – U.S. Republican presidential candidate Donald Trump has indicated to […]