By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed…
AT&T wants Big Tech firms to pay into telecom and broadband subsidy fund
By David Shepardson WASHINGTON (Reuters) -AT&T CEO John Stankey said on Monday that Congress should give the Federal Communications Commission…
Big US banks expected to be cautious on shareholder payouts after stress tests
By Pete Schroeder and Nupur Anand WASHINGTON (Reuters) – Big U.S. lenders are expected to show they have ample capital…
Macron warns podcast of ‘civil war’ risk as French elections loom
PARIS (Reuters) – French President Emmanuel Macron told a podcast episode shown on Monday that both the far right National…
Record high prices, rising mortgage rates dampen US home sales
By Lucia Mutikani WASHINGTON (Reuters) -U.S. existing home sales fell for a third straight month in May as record-high prices…
OpenAI acquires database analytics firm Rockset
(Reuters) – Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said…
Tesla tells judge that shareholder vote should reverse Musk pay ruling
By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge should recognize a vote by Tesla shareholders in favor of…
Apple to delay launch of AI-powered features in Europe, blames EU tech rules
By Foo Yun Chee BRUSSELS (Reuters) – Apple will delay launching three new artificial intelligence features because landmark European Union…
Nestle, Coke take cautious approach to catering to Ozempic users
By Jessica DiNapoli NEW YORK (Reuters) -Nestle’s new food brand for people taking weight-loss drugs like Wegovy will note that…
TikTok says US ban is inevitable without a court order blocking law
By David Shepardson WASHINGTON (Reuters) – TikTok and Chinese parent ByteDance on Thursday urged a U.S. court to strike down…