By Jessica DiNapoli NEW YORK (Reuters) – Key Tesla customer PepsiCo made initial payments for 100 Tesla Semis in 2017, intending to use the electric-truck fleet to haul its Cheetos, Lays potato[...]
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April 19, 2024
ECB’s Lagarde says inflation more likely to ease but risks both ways
FRANKFURT (Reuters) – Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Chri[...]
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US regulators mulling bid to limit bonuses for Wall Street execs, WSJ reports
(Reuters) -U.S. banking regulators are planning to revive a proposal that would require big banks to defer executive compensation and claw back more of their bonuses if losses pile up, the Wall Street[...]
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Tesla to recall 3,878 Cybertrucks over faulty accelerator pedal, NHTSA says
(Reuters) – Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the U.S. National Highway Traffic Safety Administratio[...]
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Netflix slips as move to end sharing subscriber count raises growth doubts
By Roshan Abraham and Harshita Mary Varghese (Reuters) -Netflix shares fell on Friday as its plan to stop sharing subscriber numbers from 2025 stoked growth worries, with analysts warning that rivals[...]
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Stablecoin Tether gets boost as dollar alternative in emerging markets, CEO says
By Federico Maccioni DUBAI (Reuters) – Stablecoin Tether’s recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryp[...]
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Google scraps minimum wage, benefits rules for suppliers and staffing firms
By Daniel Wiessner (Reuters) – Alphabet Inc’s Google on Friday said it will roll back requirements that U.S. suppliers and staffing firms pay their employees at least $15 an hour and provi[...]
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Apple pulls WhatsApp, Threads from China app store after Beijing order
By Josh Ye and Mrinmay Dey (Reuters) -Apple said on Friday it had removed Meta Platforms’ WhatsApp and Threads from its App Store in China after being ordered to do so by the Chinese government,[...]
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Apple’s offer to open up tap-and-go tech to be approved by EU next month, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Apple’s offer to open its tap-and-go mobile payments system to rivals is set to be approved by EU antitrust regulators as soon as next month after it t[...]
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