By Mike Spector, Chris Prentice and David Shepardson NEW YORK/WASHINGTON (Reuters) -The U.S. Justice Department has made no decision yet on whether to pursue a prosecution of planemaker Boeing for vio[...]
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June 21, 2024
Rally in U.S. big tech stocks may be getting stretched
By David Randall NEW YORK (Reuters) – A blistering rally in U.S. big tech stocks may be due for a breather, offering hope for market segments that have been more tepid this year. Although the S[...]
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US lawsuit against TikTok to focus on children’s privacy
By Jody Godoy (Reuters) – The U.S. Department of Justice plans to focus an upcoming lawsuit against TikTok on allegations that the popular social media platform violated the privacy rights of ch[...]
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GM’s self-driving Cruise unit to pay $112,500 for delaying crash report
(Reuters) -A California regulator said on Thursday it is imposing the maximum penalty of $112,500 on General Motors’ self-driving Cruise unit for the company’s failure to promptly provide[...]
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Tesla, opponents of Musk’s pay clash over resolving compensation lawsuit
By Tom Hals WILMINGTON, Delaware (Reuters) -Tesla and opponents of Elon Musk’s compensation clashed on Friday over ways to resolve the legal quagmire that has engulfed the CEO’s $56 billio[...]
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Oil prices ease on strong dollar, mixed global economic news
By Scott DiSavino (Reuters) -Crude prices eased about 1% on Friday on worries that global oil demand growth could be hit by a strong U.S. dollar and negative economic news from some parts of the world[...]
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Fisker heads toward liquidation as creditors fight over assets
By Dietrich Knauth NEW YORK (Reuters) – Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S. bankruptcy court on Friday, as two creditor factions previewed a b[...]
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U.S. jet fuel output rises to pre-COVID levels as demand soars
By Shariq Khan and Seher Dareen NEW YORK (Reuters) – U.S. refiners pumped out jet fuel last week at the fastest pace since the pandemic, government data showed, as they look to keep up with fore[...]
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Factbox-US regulators single out four banks for flawed ‘living wills’
(Reuters) – U.S. bank regulators said four major banks had shortcomings in their “living wills” – or plans that outline how they could be safely wound down if they went bankrup[...]
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