By Jonathan Stempel (Reuters) -General Motors has been sued by the state of Texas, which accused the automaker of installing technology on more than 14 million vehicles to collect data about drivers,[...]
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August 13, 2024
Intel sells stake in chip designer Arm Holdings
(Reuters) -Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a[...]
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California allows Chinese robotaxi firm WeRide to test with passengers
(Reuters) – China-based autonomous driving startup WeRide has received approval from California to test its driverless vehicles with passengers, according to a permit from the state’s util[...]
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FanDuel owner Flutter lifts guidance, rival betting firm drops US surcharge plans
By Padraic Halpin DUBLIN (Reuters) -Flutter raised its full-year guidance after a much better than expected second quarter and said it would not hit customers with a surcharge in high-tax U.S. states,[...]
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Japan’s business sentiment in Aug slips on China’s slowdown: Reuters poll
By Kaori Kaneko TOKYO (Reuters) – Japanese manufacturers turned slightly less confident about business conditions in August and the service sector’s mood eased, the monthly Reuters Tankan[...]
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Wall Street ends higher as softer producer prices data boosts rate-cut bets
By Abigail Summerville (Reuters) – U.S. indexes closed up on Tuesday and hit a near two-week high after softer producer prices data reinforced bets of an interest-rate cut by the Federal Reserve[...]
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Brazil’s Lula to name new central bank head in coming weeks, says finance minister
BRASILIA (Reuters) -Brazilian Finance Minister Fernando Haddad said on Tuesday that President Luiz Inacio Lula da Silva will announce in coming weeks his choice to lead the central bank after current[...]
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Morning Bid: Markets shake off volatility, but will it last?
By Saqib Iqbal Ahmed (Reuters) – A look at the day ahead in Asian markets. Markets have bounced back nicely from the recent volatility, and it’s becoming clearer each day that the recent t[...]
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Texas judge in lawsuit by Musk’s X against advertisers exits case
By Mike Scarcella (Reuters) – A federal judge in Texas assigned to hear a lawsuit by Elon Musk’s social media platform X against a group of advertisers has removed himself from the case fo[...]
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