By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Tuesday, but ended lower against the euro after data showed that U.S. retail sales rose more than expected in S[...]
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October 17, 2023
US agency probes pedestrian risks at GM’s self-driving unit Cruise
By David Shepardson and Nick Carey WASHINGTON (Reuters) -U.S. auto safety regulators on Tuesday opened a probe into whether General Motors’ self-driving unit Cruise is taking sufficient precauti[...]
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Factbox-How the US will cut off China from more AI chips
By Stephen Nellis (Reuters) – The Biden administration on Tuesday issued a sweeping update to restrictions on exporting advanced artificial intelligence to China and other countries. The measure[...]
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Tyson Foods workers, activists protest child labor in US meat sector
By Tom Polansek (Reuters) -Tyson Foods workers and activists rallied outside the U.S. meat company’s headquarters in Arkansas on Monday to protest child labor and push for improved working condi[...]
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GM delays EV truck production at Michigan plant by year
By David Shepardson and Ben Klayman DETROIT (Reuters) -General Motors Co said on Tuesday it will delay production of electric pickup trucks at its plant in Michigan’s Orion Township by a year as[...]
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Adidas lifts revenue guidance, cuts operating loss for 2023
(Reuters) -Sportswear giant Adidas lifted its revenue forecast and cut its expected loss for 2023 on Tuesday, citing Yeezy shoe sales and a stronger core business. The German company said it now expec[...]
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AutoNation drops bid for UK auto dealer Pendragon
(Reuters) – U.S.-based AutoNation said on Tuesday it will not make an offer for Pendragon, just weeks after the British automotive retailer’s top shareholder Hedin Mobility and PAG Interna[...]
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Detroit casino workers go on strike after failed talks
By Doyinsola Oladipo NEW YORK (Reuters) -Thousands of hospitality workers in Detroit walked off the job on Tuesday after unions called for strikes at casinos MGM Grand Detroit operated by MGM Resorts[...]
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Stellantis cancels presentation at CES tech show due to UAW strike
(Reuters) -Chrysler-parent Stellantis is canceling its presentation at technology show CES slated for January 2024 due to the ongoing United Auto Workers (UAW) strike in the U.S. “As the costs o[...]
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