By Howard Schneider and Ann Saphir WASHINGTON (Reuters) -U.S. Federal Reserve Governor Christopher Waller, an early and outspoken “hawk” in the central bank’s efforts to confront inf[...]
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Updated
EVs, full-size pickup trucks least reliable – Consumer Reports survey
(Reuters) – Electric vehicles (EVs) and full-size pickup trucks were the two most problematic categories in terms of reliability, Consumer Reports magazine’s annual reliability survey show[...]
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Tesla reports two new fatal crashes involving driver assistance systems
By David Shepardson WASHINGTON (Reuters) – Tesla Inc told U.S. auto safety regulators it has reports of two new crash fatalities in Model 3 cars tied to advanced driver assistance systems in the[...]
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AMD chip to power auto supplier Aisin’s new automated car parking system
By Jane Lanhee Lee and Paul Lienert OAKLAND Calif/DETROIT (Reuters) – U.S. chip design firm Advanced Micro Devices Inc on Wednesday said Japan’s major automotive supply company Aisin Corp has c[...]
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Nvidia says it is working with Microsoft to build ‘massive’ cloud AI computer
By Jane Lanhee Lee OAKLAND, Calif, (Reuters) – U.S. chip designer and computing firm Nvidia Corp on Wednesday said it is teaming up with Microsoft Corp to build a “massive” computer to handle in[...]
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Oil falls as Druzhba pipeline reopens, China COVID worries stay at the fore
By Shariq Khan BENGALURU (Reuters) -Oil prices settled more than a dollar lower on Wednesday after Russian oil shipments via the Druzhba pipeline to Hungary restarted and as rising COVID-19 cases in C[...]
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Air France raises 300 million euros with convertible bond issue
By Silvia Aloisi PARIS (Reuters) -Air France-KLM on Wednesday raised just over 300 million euros ($312 million) by issuing subordinated bonds convertible into stock, seeking to strengthen its capital[...]
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Micron to supply fewer memory chips in 2023, plans fresh capex cuts
(Reuters) -Micron Technology Inc said on Wednesday it would reduce memory chip supply and make more cuts to its capital spending plan, as the semiconductor firm struggles to clear excess inventory due[...]
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U.S. House committee to hold hearing on collapse of FTX
By David Shepardson WASHINGTON (Reuters) -The U.S. House Financial Services Committee said Wednesday it plans to hold a hearing in December to investigate the collapse of cryptocurrency exchange FTX.[...]
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