Tesla tells judge that shareholder vote should reverse Musk pay ruling
By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge should recognize a vote by Tesla shareholders in favor of…
Month: June 2024
Fisker heads toward liquidation as creditors fight over assets
By Dietrich Knauth NEW YORK (Reuters) – Electric vehicle startup Fisker is headed towards a liquidation, attorneys said in U.S.…
U.S. jet fuel output rises to pre-COVID levels as demand soars
By Shariq Khan and Seher Dareen NEW YORK (Reuters) – U.S. refiners pumped out jet fuel last week at the…
Nikola plans 1-for-30 reverse stock split to comply with Nasdaq listing rules
(Reuters) – Nikola on Thursday announced a 1-for-30 reverse stock split to comply with Nasdaq listing rules. The stock will…
US urges Britain to pick a date for stock market shake up
By Huw Jones LONDON (Reuters) – Britain should set a date for halving the time it takes to settle a…
Yellen says Biden’s China tariffs are strategic, Trump’s would raise costs
By Rich McKay ATLANTA (Reuters) – U.S. Treasury Secretary Janet Yellen on Thursday defended President Joe Biden’s increased tariffs on…
Dell assembling racks for xAI’s supercomputer, Elon Musk says
(Reuters) – Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk…
GE Aerospace developing hybrid engines for single-aisle jets
By Rajesh Kumar Singh EVENDALE, Ohio (Reuters) – GE Aerospace is developing a hybrid electric engine with the hopes it…
Foreigners buy $10 billion of index-bound Indian bonds since JPM inclusion announcement
By Dharamraj Dhutia MUMBAI (Reuters) – Foreign investors have bought more than $10 billion of Indian government bonds that will…
Putin and Kim sign mutual defence pact
By Josh Smith and Ju-min Park SEOUL (Reuters) -Russian President Vladimir Putin signed a deal with North Korea’s Kim Jong…