By Helen Coster NEW YORK (Reuters) – Former Fox News host Tucker Carlson’s new media company has begun building its base of paying subscribers as it moves toward launch, its chief executive told[...]
Read moreDecember 7, 2023
Chinese battery giant CATL hits back at Duke Energy disconnecting batteries
(Corrects paragraph 4 to clarify that Duke Energy disconnected batteries not because of its own security concerns but instead after lawmakers raised concerns) BEIJING/SHANGHAI (Reuters) – Chines[...]
Read moreLebanon buys about 30,000 metric tons wheat from Ukraine- traders
HAMBURG (Reuters) – The Lebanese government is believed to have purchased about 30,000 metric tons of milling wheat in a tender this week expected to be sourced from Ukraine, European traders sa[...]
Read moreAbbVie’s $8.7 billion bet on Cerevel is risky but smart, analysts say
By Bhanvi Satija and Khushi Mandowara (Reuters) – AbbVie’s decision to buy Cerevel Therapeutics before key data on the drug developer’s experimental schizophrenia treatment may have[...]
Read moreSwedish court rules against Tesla in labour dispute; Finnish union joins strike
STOCKHOLM (Reuters) -Tesla lost a chapter in a legal battle with Sweden’s postal service on Thursday as a fight with Nordic trade unions escalates, with a Finnish union joining a port blockade t[...]
Read moreBASF gives agriculture, battery units more autonomy but no plan to split
By Ludwig Burger and Patricia Weiss FRANKFURT (Reuters) -BASF plans to turn its agriculture, battery materials and coatings businesses into autonomous units to try to boost earnings, a major revamp fo[...]
Read moreGameStop gains as lower costs blunt turnaround worries
By Zaheer Kachwala (Reuters) -GameStop shares reversed course to gain 2% on Thursday as cost cuts at the brick-and-mortar videogame retailer offered some relief to investors worried about its slowing[...]
Read moreAnalysis-After blistering rally, some investors say Treasuries have bounced too quickly
By David Randall (Reuters) – Expectations that the Federal Reserve will ease monetary policy in the early months of 2024 are fueling a searing year-end rebound in U.S. government bonds. Some inv[...]
Read moreTesla’s Dojo supercomputer head leaves, former Apple exec to lead – Bloomberg News
(Reuters) -Tesla’s Dojo supercomputer project lead Ganesh Venkataramanan has left the company, Bloomberg News reported on Thursday citing people familiar with the matter. Peter Bannon, a former[...]
Read more