SHANGHAI (Reuters) – U.S. luxury electric vehicle (EV) maker Lucid Group is preparing to enter the world’s largest auto market, its head of China operations Zhu Jiang said on Thursday. Luc[...]
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US trade deficit widens to 6-month high, expected to dent economic growth
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit widened by the most in eight years in April as imports of goods rebounded while exports of energy products declined, a trend that[...]
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Subway struggles to get big new franchisees to buy its US sandwich shops
By Hilary Russ NEW YORK (Reuters) – Subway is seeking big new franchisees in the United States in a push to revamp its ownership model, but low restaurant profits and outdated stores are making[...]
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Hollywood actors set vote to authorize strike with writers still out
By Lisa Richwine LOS ANGELES (Reuters) – Hollywood’s actors union will announce Monday whether their members authorized a possible strike, a move that would turn up the heat on major film[...]
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Netflix shareholders withhold support for executive pay package
By Dawn Chmielewski (Reuters) – Netflix Inc shareholders on Thursday withheld their support for the company’s executive pay package, in a non-binding vote that followed a call by striking[...]
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American Airlines raises second-quarter profit outlook on lower fuel costs
(Reuters) – American Airlines Group Inc on Wednesday raised its forecast for second-quarter profit on lower jet fuel costs and high travel demand. The company’s shares were up 2% at $14.91[...]
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US agency closes investigation into Tesla game feature
By David Shepardson WASHINGTON (Reuters) – The National Highway Traffic Safety Administration (NHTSA) said Tuesday it is closing its investigation into 580,000 Tesla vehicles over the automaker[...]
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Analysis-Investing in AI: how to avoid the hype
By Naomi Rovnick LONDON(Reuters) – Experienced tech investors are hunting for undervalued opportunities in an over-valued space. At stake is how best to invest in the potential of Artificia[...]
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Dish Network surges after report of talks to sell wireless plans via Amazon
(Reuters) -Shares of Dish Network Corp rose over 10% on Thursday, after a report that the U.S. satellite TV service provider was in talks to sell its wireless plans through Amazon.com Inc. The potenti[...]
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