By Lucia Mutikani WASHINGTON (Reuters) – U.S. import prices fell for the first time in five months in May amid lower prices for energy products, providing another boost to the domestic inflation[...]
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June 14, 2024
Tesla plans to leverage Elon Musk’s big pay win in Delaware court battle
By Hyunjoo Jin, Ross Kerber and Tom Hals SAN FRANCISCO (Reuters) -Tesla will use Thursday’s strong support for Elon Musk’s $56 billion pay package to try to win over a Delaware judge that[...]
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Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
By Noel Randewich (Reuters) – Tesla shareholders approved CEO Elon Musk’s $56 billion pay package in a what was seen as an endorsement of his leadership, but the electric car maker’s[...]
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Oil dips, but posts weekly gain on solid 2024 demand outlook
By Nicole Jao NEW YORK (Reuters) -Oil futures prices settled slightly lower on Friday after a survey showed deteriorating U.S. consumer sentiment, but prices rose 4% for the week as investors weighed[...]
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US manufacturing group calls for stronger protection against Chinese imports
By David Lawder WASHINGTON (Reuters) -A policy group led by the United Steelworkers union and domestic manufacturers is calling for the U.S. to enact stronger trade barriers to Chinese imports after P[...]
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Microsoft to delay release of Recall AI feature on security concerns
(Reuters) – Microsoft will not roll out “Recall”, an AI-powered feature that tracks computer usage, with its new computers next week and will instead preview it with a smaller group[...]
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Fed’s Bostic flags more issues with financial disclosures
By Michael S. Derby NEW YORK (Reuters) -A financial disclosure form for Federal Reserve Bank of Atlanta President Raphael Bostic notes more issues with reporting of past trading and investing activiti[...]
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NY Fed data shows neutral rate holding steady at low level
By Michael S. Derby NEW YORK (Reuters) – The underlying level of interest rates viewed as neutral in economic influence held steady at a low level over the first three months of this year, accor[...]
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Exclusive-Boeing tells suppliers it is slowing 737 output goal by 3 months, sources say
By Allison Lampert and Tim Hepher (Reuters) -Boeing has told suppliers it is delaying a key production milestone for its 737 jet family by three months, two industry sources said, as it continues to s[...]
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