By Noel Randewich (Reuters) -Chipmaker Nvidia is replacing Tesla as Wall Street’s most traded stock by value, adding to its prominence after becoming the third-most valuable U.S. company and sho[...]
Read more
February 20, 2024
Oil settles lower, demand worries offset geopolitical price support
By Laura Sanicola (Reuters) -Oil prices settled lower on Tuesday, with worries about global demand offsetting price support from the Israel-Hamas conflict. Brent futures settled down $1.22, or 1.5%, t[...]
Read more
US Supreme Court won’t review Apple’s win against $503 million patent verdict
By Blake Brittain WASHINGTON (Reuters) – The U.S. Supreme Court on Tuesday declined to hear patent-licensing company VirnetX’s bid to revive a $502.8 million jury verdict it won against Ap[...]
Read more
Tesla faces rejection from locals for plans to expand German site
BERLIN (Reuters) – Tesla’s ambitions to expand its German plant hit a roadblock when citizens voted against a motion to raze down trees and make way for the larger site, the mayor of Gruen[...]
Read more
Stellantis could build Leapmotor EVs in Europe, North America
By Joseph White DETROIT (Reuters) – Stellantis could build electric vehicles based on technology from Chinese affiliate Leapmotor in Europe, North America or other markets where it needs competi[...]
Read more
Neuralink’s first human patient able to control mouse through thinking, Musk says
(Reuters) – The first human patient implanted with a brain-chip from Neuralink appears to have fully recovered and is able to control a computer mouse using their thoughts, the startup’s f[...]
Read more
Canada’s inflation rate slows and bolsters bets on early rate cut
By Promit Mukherjee and Ismail Shakil OTTAWA (Reuters) -Canada’s annual inflation rate slowed significantly more than expected to 2.9% in January and core price measures also eased, data showed[...]
Read more
Macy’s faces proxy fight as Arkhouse pushes for board seats
By Savyata Mishra and Abigail Summerville (Reuters) -Macy’s is facing a board challenge from Arkhouse Management after the investment firm nominated nine director candidates just weeks after the[...]
Read more
United Airlines to lean more on MAX 9 and Airbus A321 amid Boeing delays
CHICAGO (Reuters) – United Airlines will rely more on Boeing 737 MAX 9 and Airbus A321 aircraft in the absence of MAX 10 to pursue its growth plans, Chief Financial Officer Mike Leskinen said on[...]
Read more