By Scott DiSavino NEW YORK (Reuters) -Oil prices eased about 1% on Tuesday as worries that sluggish global economic growth could reduce energy demand outweighed Saudi Arabia’s pledge to deepen o[...]
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June 6, 2023
Apple buys AR headset startup Mira – The Verge
(Reuters) -Apple Inc has acquired Mira, a Los Angeles-based AR startup that makes headsets for other companies and the U.S. military, the Verge reported on Tuesday, citing a post from Mira CEO’s[...]
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Tesla’s Model 3 cheaper than Toyota’s Camry in California with tax benefits
By Hyunjoo Jin and David Shepardson SAN FRANCISCO/WASHINGTON (Reuters) -Tesla Inc’s rapid adjustment of its battery supply chain means all of its Model 3 vehicles qualify for federal U.S. credit[...]
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Citadel portfolios post gains in May -investor
NEW YORK (Reuters) – U.S. hedge fund Citadel’s flagship portfolio posted a 6.14% return in the first five months of the year and its other portfolios also gained, an investor in the fund s[...]
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US passenger railroad Amtrak CEO says ridership near pre-pandemic levels
By David Shepardson WASHINGTON (Reuters) – Amtrak CEO Stephen Gardner said on Tuesday the U.S. passenger railroad expects traffic to get back to pre-pandemic levels even as it projects about $80[...]
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U.S. regulators issue final guidelines to banks for third-party risk management
(Reuters) – Top U.S. regulators on Tuesday issued final guidelines to help banks manage risks associated with their relationships with third-parties like fintechs and cloud-computing firms, acco[...]
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US bond giant PIMCO sees chance to expand lending after banking turmoil
By Davide Barbuscia NEW YORK (Reuters) – PIMCO said on Tuesday that this year’s banking turmoil has created opportunities for the U.S. bond giant to expand in areas which were previously t[...]
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Stocks edge up as Aussie hike provides rates reminder
By Marc Jones and Koh Gui Qing LONDON/NEW YORK (Reuters) – World shares edged higher on Tuesday as investors mulled whether a recent rally in stocks has legs to run further, while Treasury yield[...]
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Rocky history of Illumina’s Grail deal
(Reuters) – Gene-sequencing machine maker Illumina Inc has filed an appeal against an order from the U.S. Federal Trade Commission (FTC) that demands it divest cancer diagnostic test maker Grail[...]
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