By Lisa Baertlein, Karl Plume and Timothy Gardner LOS ANGELES/CARLSBAD, Calififornia (Reuters) -President Donald Trump’s plan to revive U.S. shipbuilding using massive fees on China-linked ship visits to American ports is causing U.S. coal inventories to swell and stoking uncertainty in the embattled agriculture market, as exporters struggle to find ships to send goods abroad. […]
By Joey Roulette WASHINGTON (Reuters) – Boeing’s troubled Starliner capsule that left two NASA astronauts on the International Space Station last year may need to fly a third uncrewed test flight before it carries astronauts again, agency officials said as the spacecraft’s first crew had to return to Earth on a SpaceX capsule this week. […]
By Stephen Nellis SAN FRANCISCO (Reuters) – Adobe on Tuesday said it is rolling out artificial intelligence “agents” that brands can use to help consumers navigate their websites. Adobe is known for consumer apps such as Photoshop but also sells a suite of business-to-business software tools used in online marketing, which made up a quarter […]
By Jonathan Stempel (Reuters) – Google agreed to pay $28 million to settle a class action lawsuit claiming that it favored white and Asian employees by paying them more and putting them on higher career tracks than other workers. The accord with Google, a unit of Alphabet, won preliminary approval last week from Judge Charles […]
By Jayla Whitfield-Anderson (Reuters) -Victor Fettes, 54, is going ahead with his long-planned retirement next Friday. But the recent decline in the stock market and uncertainty over how U.S. President Donald Trump’s policies will hit the economy have him rethinking how he’ll spend it. “I’ll say I’m nervous,” says Fettes, a senior director of risk […]
By Kalea Hall and Abhirup Roy (Reuters) – General Motors will use artificial intelligence chips and software from Nvidia to develop autonomous vehicle technology for its vehicles and improve workflow at its factories, the companies said on Tuesday. Traditional automakers have struggled to commercialize autonomous technology that has been more challenging and expensive than expected […]
(Reuters) – Chevron purchased about 4.99% of Hess Corp’s common shares this year, the oil giant said in a regulatory filing on Monday. Chevron said the stock purchase reflects its continuing confidence in completing the pending acquisition of Hess. In October 2023, Chevron agreed to acquire Hess in an all-stock deal valued at $53 billion, […]
FRANKFURT (Reuters) -The German insurer Allianz said on Monday that it was selling its 26% stake in two joint ventures with India’s Bajaj Finserv to the Bajaj Group for around 2.6 billion euros ($2.84 billion). Last year, Bajaj Finserv had said that Allianz was considering exiting the joint ventures, ending a decades-old partnership. Allianz said […]
As the Federal Reserve prepares to announce its latest interest rate decision on March 20, investors are bracing for potential market turbulence. With trade tensions, inflation concerns, and global economic uncertainties dominating headlines, it’s crucial to assess how to safeguard portfolios and spot emerging opportunities. While the Fed is expected to hold rates steady, all eyes […]
(Reuters) – Alphabet’s Google on Monday expanded its partnership with Reddit amid concerns that the social media platform’s user growth relies heavily on traffic from Google Search. Redburn Atlantic analyst James Cordwell initiated coverage on Reddit’s stock with a “sell” rating, saying the company’s growth in daily active users (DAUs) — a key metric in […]
