(Reuters) – Faraday Future Intelligent Electric has received $90 million in funding commitment from its existing investors, the electric-vehicle startup said on Tuesday, sending its shares up ab[...]
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June 27, 2023
New benchmark tests speed of systems training ChatGPT-like chatbots
By Jane Lanhee Lee San Francisco (Reuters) – MLCommons, a group that develops benchmark tests for artificial intelligence (AI) technology, on Tuesday unveiled results for a new test that determi[...]
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US consumer confidence races to 17-month high; housing market regaining strength
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years amid renewed labor market optimism, while business spending appeare[...]
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Volvo EVs to now have access to Tesla superchargers
(Reuters) – Swedish carmaker Volvo Cars said on Tuesday it had signed an agreement with Tesla to give its electric vehicles (EVs) access to the EV maker’s Supercharger network in the Unite[...]
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J&J’s $8.9 billion talc settlement faces US bankruptcy test
By Dietrich Knauth (Reuters) – Johnson & Johnson’s proposed $8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a crucial hurdle this we[...]
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Canada’s May inflation rate slows, weakening case for a July rate hike
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate came in at 3.4% in May, its slowest pace in two years, data showed on Tuesday, weakening the case for another[...]
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Beyonce-flation? How stars are driving prices up as fans flock to concerts
By Dawn Chmielewski, Danielle Broadway and Sachin Ravikumar LOS ANGELES/GLASTONBURY, England (Reuters) – Call it Beyflation. Or maybe Swiftflation. The cost of certain goods is retreating in som[...]
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LVMH chief Bernard Arnault, daughter embark on China tour
By Casey Hall and Mimosa Spencer SHANGHAI/PARIS (Reuters) – LVMH chairman and CEO Bernard Arnault has touched down in China, kicking off a flurry of interest on social media in a key market for[...]
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Washington state plans to mandate Tesla’s charging plug -official
By Jarrett Renshaw (Reuters) -Washington state plans to require electric vehicle charging companies to include Tesla’s plug if they want to be part of a state program to electrify highways using[...]
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