By Yelin Mo and Casey Hall BEIJING (Reuters) -Chinese smartphone maker Xiaomi took the wraps off its first electric vehicle on Thursday and promptly announced it was aiming to become one of the world[...]
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NEWSLETTER
Wall St Ekes Out Modest Gains as S&P 500 Hovers Near All-Time Closing High
By Stephen Culp NEW YORK (Reuters) -U.S. stocks closed slightly higher in languid trading on Wednesday, with little market-moving news to fuel conviction as the S&P 500 hovered just below bull mar[...]
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Twitter violated contract by failing to pay millions in bonuses, US judge rules
By Kanishka Singh WASHINGTON (Reuters) – Twitter violated contracts by failing to pay millions of dollars in bonuses that the social media company, now called X Corp, had promised its employees,[...]
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Wall Street Analysts Trim Chevron Views as Setbacks Mount
By Sabrina Valle HOUSTON (Reuters) – Wall Street analysts are trimming their earnings estimates for Chevron Corp and employees are preparing for potential job cuts as a series of operational set[...]
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Dollar Index Slips to 1-Week Low; Traders Eye Friday’s U.S. Inflation Report
By Saqib Iqbal Ahmed and Caroline Valetkevitch NEW YORK (Reuters) -The dollar hit a one-week low against a basket of major currencies on Thursday as U.S. equities rebounded from the prior day’s[...]
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Toyota recalling 1.12 million vehicles over potential air bag issue
By David Shepardson WASHINGTON (Reuters) -Toyota Motor said on Wednesday it will recall 1.12 million vehicles worldwide because a short circuit in a sensor could cause air bags not to deploy as design[...]
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Google to pay $700 million to US consumers, states in Play store settlement
By Mike Scarcella (Reuters) -Alphabet’s Google will pay $700 million and revamp its Play app store to allow for greater competition as part of an antitrust settlement with U.S. states and consum[...]
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US single-family housing starts scale more than 1-1/2-year high
By Lucia Mutikani WASHINGTON (Reuters) – U.S. single-family homebuilding surged to more than a 1-1/2-year high in November and could gain further momentum, with declining mortgage rates and ince[...]
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Nikola Founder Trevor Milton Sentenced to Four Years for Fraud Conviction
By Jody Godoy NEW YORK (Reuters) -Trevor Milton, the convicted founder of electric- and hydrogen-powered truck maker Nikola, was sentenced to four years in prison on Monday after a jury last year foun[...]
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