Fed’s Powell says ‘time has come’ to lower interest rates
By Howard Schneider and Ann Saphir JACKSON HOLE, Wyoming (Reuters) -Federal Reserve Chair Jerome Powell on Friday offered an explicit…
Month: August 2024
Meta cancels plans for high-end mixed-reality headset, the Information reports
(Reuters) -Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple’s Vision Pro, the Information…
Texas sues over Biden legalization program for immigrants married to US citizens
By Ted Hesson WASHINGTON (Reuters) – Texas and a coalition of Republican-led states on Friday sued President Joe Biden’s administration…
Third Point sees room for Apple stock price to climb, letter says
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire hedge fund manager Daniel Loeb sees room for Apple’s stock price to climb,…
Apple to update EU browser options, make more apps deletable
By Supantha Mukherjee STOCKHOLM (Reuters) -Apple will change how users choose browser options in the European Union, add a dedicated…
BMW overtakes Tesla in European EV sales for first time, report says
(Reuters) – BMW led the European battery electric vehicle (BEV) market for the first time, beating U.S. automaker Tesla, according…
Why Ford’s three-row electric ‘personal bullet train’ SUV went off the rails
By Nora Eckert DETROIT (Reuters) – At a packed investor day in Dearborn, Michigan, last year, Ford Motor executives lauded…
Bristol-Myers Squibb-backed Zenas BioPharma files for US IPO
(Reuters) – Bristol-Myers Squibb-backed Zenas BioPharma has filed to go public in the United States, a regulatory filing showed on…
Tesla issuing new recall for 9,100 Model X SUVs over trim issue
By Akash Sriram and David Shepardson (Reuters) -Tesla has issued a recall for about 9,100 Model X sports utility vehicles…
Ford slows EV plans, delaying pickup and axing three-row SUV, to cut costs
By Nora Eckert DETROIT (Reuters) -Ford Motor on Wednesday said it was killing a planned three-row electric SUV and pushing…