By James Pearson LAS VEGAS (Reuters) – A recent surge in GPS “spoofing”, a form of digital attack which can send commercial airliners off course, has entered an intriguing new dimension, accordi[...]
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August 10, 2024
Thyssenkrupp shuts down steel unit’s funding request
FRANKFURT (Reuters) – Thyssenkrupp said on Saturday its steel division must be restructured to fund investment needs with its own earnings, but that the parent company had provided financial sec[...]
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Fed’s Bowman: Rate cuts will be needed if inflation keeps falling
(Reuters) – Federal Reserve Governor Michelle Bowman softened her usually hawkish tone ever so slightly on Saturday, noting some further “welcome” progress on inflation in the last c[...]
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Exclusive-India’s Mahindra seeks nod for $3 billion Shaanxi JV, sources say
By Sarita Chaganti Singh NEW DELHI (Reuters) -Indian automaker Mahindra & Mahindra and China’s Shaanxi Automobile Group have agreed to set up a $3 billion joint venture to build a car manufa[...]
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Tesla stops taking orders for cheapest Cybertruck, offers $100,000 version now
By Abhirup Roy and Hyunjoo Jin SAN FRANCISCO (Reuters) – Tesla has stopped taking orders for the least expensive version of its Cybertruck, which is priced at $61,000, while making the $100,000[...]
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Exclusive-Cisco to lay off thousands more in second job cut this year, sources say
By Utkarsh Shetti and Supantha Mukherjee (Reuters) -Cisco will cut thousands of jobs in a second round of layoffs this year as the U.S. networking equipment maker shifts focus to higher-growth areas,[...]
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Canada railways warn of Aug. 22 lockout without labor deal
OTTAWA (Reuters) -Canada’s two main rail companies said on Friday they would lock out employees on Aug. 22 if talks to negotiate a labor contract fail, a move that would bring the country’[...]
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Former YouTube CEO Susan Wojcicki dies at 56 of lung cancer
By Mrinmay Dey (Reuters) -YouTube’s former chief executive and long-time Google executive Susan Wojcicki died on Saturday at the age of 56 after a two-year battle with lung cancer. “It is[...]
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Disney’s D23 fan convention showcases ‘Moana 2,’ ‘Incredibles 3’ and ‘Mufasa: The Lion King’ films
By Dawn Chmielewski, Lisa Richwine and Danielle Broadway ANAHEIM, California (Reuters) -Walt Disney, which reclaimed the top of the summer box office with Pixar animation’s “Inside Out 2[...]
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