By Hyunjoo Jin SAN FRANCISCO (Reuters) – A Tesla Model S car was in “Full Self-Driving” mode when it hit and killed a 28-year-old motorcyclist in the Seattle area in April, police…
Exclusive-Harris and her VP pick to tour battleground states next week, sources say
By Jarrett Renshaw and Nandita Bose (Reuters) -Vice President Kamala Harris will tour battleground states next week with her vice presidential candidate, two sources familiar with the planning said on Tuesday, a…
World Bank approves $1 billion in financing for Ethiopia
(Reuters) – The World Bank said on Tuesday its board had approved a $1 billion credit for Ethiopia, as the Horn of Africa country tries to push ahead with a long-running debt…
CrowdStrike down after report Delta Air to seek compensation over IT outage
(Reuters) – Shares of CrowdStrike fell more than 4% in premarket trading on Tuesday after a report Delta Air Lines will seek compensation from the cybersecurity firm over the recent global IT…
Stellantis offering new round of voluntary buyouts to US salaried workers
DETROIT (Reuters) – Jeep-maker Stellantis said on Tuesday it is offering a new round of voluntary buyouts to its U.S. salaried workers, the latest in a series of cost-cutting measures CEO Carlos…
Tesla jumps on replacing Ford as Morgan Stanley’s ‘top pick’ in US auto sector
(Reuters) – Tesla shares jumped nearly 6% on Monday after Morgan Stanley named the most valuable automaker its “top pick” in the U.S. automotive industry, replacing Ford. The brokerage said Tesla’s energy…
US-listed crypto stocks retreat following Trump-fueled spike
By Niket Nishant (Reuters) – Shares of New York-listed crypto firms fell on Monday as bitcoin dipped after breaching the $70,000-mark for the first time since mid-June. The sell-off erased gains from…
Pondera seeks to cash out of Whisker at $1 billion valuation, sources say
By Abigail Summerville NEW YORK (Reuters) – Investment firm Pondera Holdings is exploring options for Whisker, including a sale of its controlling stake that could value the maker of self-cleaning cat litter…
McDonald’s sales fall globally for first time in more than three years
By Savyata Mishra (Reuters) -McDonald’s reported a surprise drop in sales worldwide on Monday, its first decline in 13 quarters, as deal-seeking consumers shy away from higher priced menu items, including Big…
Putin warns the United States of Cold War-style missile crisis
By Guy Faulconbridge and Dmitry Antonov MOSCOW (Reuters) -Russian President Vladimir Putin on Sunday warned the United States that if Washington deployed long-range missiles in Germany then Russia would station similar missiles…