By Noel Randewich (Reuters) - U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to…
By David Shepardson WASHINGTON (Reuters) - Major U.S. airlines told the U.S. Transportation Department (USDOT) they will provide meals for customers delayed by three hours and hotel rooms for stranded passengers if prompted by issues under the airlines' control. American…
TOKYO/WASHINGTON (Reuters) - Japan's Honda Motor Co will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd, the two companies said on Monday. Battery makers are…
By Lisa Baertlein LOS ANGELES (Reuters) -FedEx Corp on Friday filed suit asking a federal judge to stop one of its largest delivery contractors from spreading misinformation about its business for financial gain, and confirmed that it severed its relationship…
By Sheila Dang and Nivedita Balu (Reuters) - Twitter Inc is facing more employee departures, company executives told staff on Wednesday, as leaders sought to address multiple challenges, including whistleblower https://www.reuters.com/markets/deals/twitter-whistleblower-could-help-musk-by-adding-volatility-legal-battle-2022-08-23 allegations and a legal battle with billionaire Elon Musk.…
By Lisa Pauline Mattackal (Reuters) - The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at the…
WASHINGTON (Reuters) -Owners of some Hyundai and Kia SUVs that were recently recalled over fire risks should park them outdoors and away from homes until they are repaired, the U.S. Department of Transportation said on Tuesday. The South Korean automakers…
By Joseph White (Reuters) -Ford Motor Co said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla Inc in the race to develop software-driven…
By Daniel Wiessner (Reuters) -A California administrative agency has declined to review Tesla Inc's claim that the state's civil rights watchdog suing the company for race bias at an assembly plant is rushing to sue businesses without conducting full investigations.…
By Angelique Chen (Reuters) - Banking giants such as JPMorgan Chase & Co and Bank of America collectively face more than $1 billion in regulatory fines for employees' use of unapproved messaging tools, including email and apps like WhatsApp. The…