By Akash Sriram, Jeffrey Dastin and Arriana McLymore (Reuters) -Amazon.com Inc signaled on Thursday its long lofty cloud growth would slow further as its business customers braced for turbulence and c[...]
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Domino’s Pizza warns of challenging delivery business, shares fall
By Ananya Mariam Rajesh (Reuters) -Domino’s Pizza Inc on Thursday warned of a slowdown in its delivery business as consumers opt to cook at home instead of ordering in, sending shares of the com[...]
Read moreFirst Republic plumbs new lows, options dwindle
By Nupur Anand, Saeed Azhar and Niket Nishant (Reuters) -First Republic Bank’s market value plunged again on Wednesday as investors waited to see if it would be able to find buyers for assets an[...]
Read moreFactbox-US banks hit by deposit flight as clients seek higher returns
(Reuters) – The closure of two U.S. regional banks in March shook investor confidence in the banking industry and drove spooked customers to seek refuge in “too-big-to-fail” institut[...]
Read moreIs this solar panel American? Companies eyeing US subsidy await rules
By Nichola Groom (Reuters) – U.S. President Joe Biden’s plan to challenge China’s dominance in solar panel manufacturing hinges in large part on rules his administration will soon re[...]
Read moreUS business activity rises to 11-month high in April – S&P Global survey
WASHINGTON (Reuters) – U.S. business activity accelerated to an 11-month high in April, according to a survey on Friday, which was at odds with growing signs that the economy was in danger of sl[...]
Read moreTesla tumbles as investors balk at Musk’s price-cutting spree
By Aditya Soni and Noel Randewich (Reuters) – Tesla Inc’s stock tumbled nearly 10% on Thursday after CEO Elon Musk signaled the electric vehicle maker will keep cutting prices to drive up[...]
Read moreStellantis recalls 131,700 Ram trucks over powertrain software issue – NHTSA
(Reuters) – Stellantis will recall 131,700 Ram 1500 pickup trucks manufactured in 2021 due to a powertrain software issue, the National Highway Traffic Safety Administration’s (NHTSA) webs[...]
Read moreNissan aims for 80% of model line-up to be electrified by 2030 – exec
TOKYO (Reuters) – Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its line-up to be electrified by 2030 in China, chief operating officer Ashwani[...]
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