By Gabriel Araujo SAO PAULO (Reuters) – Brazil has the potential to become one of the major global players in sustainable aviation fuel (SAF), a Boeing executive said on Tuesday, as the sector a[...]
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August 8, 2023
Rivian lifts 2023 EV production target, reassures on liquidity
By Abhirup Roy and Akash Sriram (Reuters) – Rivian Automotive on Tuesday raised its full-year production forecast, and its chief executive said the electric vehicle maker has enough money to las[...]
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Lyft falls as fears of price war with Uber overshadow strong forecast
By Yuvraj Malik (Reuters) -Lyft signaled on Tuesday it would double down on competitive pricing to catch up with larger rival Uber, taking the shine off its strong earnings forecast and sending the co[...]
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Two US lawmakers raise security concerns about Chinese cellular modules
By David Shepardson WASHINGTON (Reuters) -Two U.S. lawmakers on Tuesday asked the Federal Communications Commission (FCC) to address questions about potential security concerns involving cellular modu[...]
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Take-Two forecasts downbeat second-quarter net bookings on muted gamer spending
(Reuters) -Take-Two Interactive Software forecast second-quarter net bookings below Wall Street targets on Tuesday, in a sign that spending on games remained under pressure amid inflationary pressures[...]
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US congressional panel probes FTC regulation of vision care insurance
By Kanishka Singh WASHINGTON (Reuters) – The U.S. House of Representatives Oversight Committee said on Tuesday it has opened a probe into the Federal Trade Commission’s (FTC) regulation of[...]
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Bumble declines as higher expenses fan concerns about Tinder competition
(Reuters) – Bumble shares fell 4% on Tuesday after the dating app owner forecast lackluster third-quarter revenue and posted a jump in expenses, sparking fears that stiff competition with Tinder[...]
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Exclusive-Amazon in talks to become anchor investor in Arm ahead of IPO -sources
By Echo Wang and Anirban Sen NEW YORK (Reuters) – Amazon.com is in talks about joining other technology companies as a cornerstone investor in SoftBank Group Corp’s Arm Ltd ahead of its in[...]
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Yellow Corp asset sale could surpass $1.4 billion – Fox Business
(Reuters) – Trucking company Yellow Corp’s assets have attracted significant bidders and their sale could likely surpass the company’s $1.4 billion in secured debt, Fox Business repo[...]
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