GM delays additional $330 million investment in Thacker Pass, Lithium Americas says
(Reuters) – Lithium Americas said on Friday automaker General Motors has delayed the second tranche of investment, worth $330 million,…
Month: August 2024
Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army
(Reuters) – A joint venture between Lockheed Martin and RTX’s Raytheon was awarded a $1.3 billion follow-on contract by the…
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
(Reuters) – Intel’s shares rose more than 3% before the bell on Friday, as a report of the struggling chipmaker…
CrowdStrike exec to testify before Congress on IT outage
(Reuters) – A senior executive at CrowdStrike will testify before a U.S House of Representatives subcommittee on Sept. 24 on…
Gap posts higher second-quarter sales on steady demand
(Reuters) -Apparel retailer Gap on Thursday posted a 5% jump in its second-quarter sales on robust demand for its Old…
Salesforce gains as software firm bets on AI tools to power growth
(Reuters) – Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker’s…
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
(Reuters) – The Teamsters said on Thursday its strikes against unfair labor practices were expanding, with Amazon.com workers across several…
Apple, Nvidia in talks to join OpenAI funding round, media reports say
(Reuters) -Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising…
Lilly launches smallest single-dose vials of Zepbound for $399
By Patrick Wingrove (Reuters) -Eli Lilly said it has begun selling vials of the smallest, starter dose of its popular…
Hindenburg takes aim at AI server maker Super Micro with short position
(Reuters) -Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged “accounting manipulation” at the AI…