By Shivansh Tiwary (Reuters) -Shares of Ford Motor Co closed down 12.3% on Friday, after the automaker reported a wider loss from its electric-vehicle (EV) business due to pressures from a price war,[...]
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October 27, 2023
Boeing assessing Lockbit hacking gang threat of sensitive data leak
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Boeing Co said on Friday it was assessing a claim made by the Lockbit cybercrime gang that it had “a tremendous amount” of sensitive data s[...]
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Wall Street ends mixed at close of earnings-packed week
By Stephen Culp NEW YORK (Reuters) – U.S. stocks closed mostly lower on Friday, losing momentum as investors digested a hectic week of mixed earnings, and economic data that seemed to support th[...]
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Morgan Stanley gives new CEO Ted Pick, 2 executives $20 million bonuses
By Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley gave its incoming CEO Ted Pick and the two other executives considered for the top job one-time bonuses of $20 million each, the bank said[...]
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US probes GM’s Cruise robocars over pedestrian close calls
By Greg Bensinger SAN FRANCISCO (Reuters) -General Motors’ autonomous vehicle unit, Cruise, is facing multiple federal investigations over its cars’ safety, including two incidents where the robot car[...]
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J&J says DoJ seeking information related to eye products in civil investigation
(Reuters) -Johnson & Johnson disclosed on Friday that the U.S. Department of Justice (DOJ) in July had sought documents and information related to the drugmaker’s free and discounted eye sur[...]
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T. Rowe beats profit estimates on higher fee-based income
(Reuters) – T. Rowe Price Group reported a better-than-expected quarterly profit on Friday, as concerns about the economy somewhat eased from last year, boosting assets under management at the f[...]
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Argentina urges US judge to put $16.1 billion YPF judgment on hold
By Jonathan Stempel NEW YORK (Reuters) – Argentina urged a U.S. judge not to enforce a $16.1 billion judgment arising from the government’s 2012 seizure of a majority control in state-cont[...]
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Elon Musk’s X launches two new premium subscription plans
(Reuters) – Elon Musk’s social media platform X, formerly known as Twitter, rolled out two new subscription plans on Friday, including a Premium+ tier for users willing to pay for an ad-fr[...]
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