By Howard Schneider WASHINGTON (Reuters) -Data since the Federal Reserve’s last policy meeting has added to the impression the U.S. economy is cooling without cracking, likely bolstering the cas[...]
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Google DeepMind co-founder calls for US to enforce AI standards – FT
(Reuters) – The U.S. should allow Nvidia’s artificial intelligence (AI) chips only to buyers who agree to ethically use the technology, Google DeepMind’s co-founder Mustafa Suleyman[...]
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Swedish EV maker Polestar’s loss narrows as supply chain snags ease
By Marie Mannes STOCKHOLM (Reuters) -Swedish electric vehicle (EV) maker Polestar’s operating loss narrowed in the second quarter as the auto industry slowly recovers from pandemic-related suppl[...]
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Explainer-Why is France struggling to lower supermarket prices?
PARIS (Reuters) – Finance Minister Bruno Le Maire is meeting France’s top supermarkets and their suppliers on Wednesday and Thursday to try to persuade them to accelerate price cuts as sho[...]
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U.S. banks to raise $70 billion in debt under draft rules aimed at mitigating failures
By Pete Schroeder WASHINGTON (Reuters) -Large regional banks would have to issue roughly $70 billion in fresh debt under a new rule proposed Tuesday by U.S. banking regulators, part of a broader effor[...]
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Vinfast rallies on after becoming world’s third-most valuable automaker
(Reuters) -Shares of Vietnamese electric-vehicle maker Vinfast surged 21% on Monday, extending a rally from last week that more than quadrupled its market value to $160 billion. The company made a blo[...]
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Disney closes at lowest in nearly nine years as investors turn bearish
(Reuters) -Shares of Walt Disney fell 3.9% on Thursday, closing at their lowest level in nearly nine years, with some investors betting that a further price drop is on the cards in the next few months[...]
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Kohl’s beats profit estimates on cost cuts, leaner inventory
By Savyata Mishra (Reuters) -Kohl’s Corp beat estimates for quarterly profit on Wednesday, as leaner inventories, lower costs and fewer discounts helped the department store chain counter a broa[...]
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US airline pilots fight their unions to increase retirement age
By Rajesh Kumar Singh and Allison Lampert (Reuters) – Bo Ellis has been a devoted member of the Air Line Pilots Association (ALPA) for nearly four decades, but the 64-year-old is waging a campai[...]
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