Apple on Monday provided a peek at upcoming tweaks to the software that powers more than 1 billion iPhones and rolled out two laptops that will be the first available with the next generation of a company-designed microprocessor. As usual, Apple spent most of the opening day of its annual developers conference touting the next…
By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended slightly higher on Monday with gains in Amazon.com and other mega-cap growth shares offset by persistent worries over inflation. Shares of Amazon.com Inc rose in the stock’s first day of trading after adjusting to a 20-for-1 split. A solid jobs report on Friday lowered hopes…
By Luc Cohen and Karen Freifeld NEW YORK (Reuters) -A U.S. court on Monday issued warrants for the seizure of two luxury planes owned by Russian billionaire Roman Abramovich under U.S. measures imposed after Russia’s invasion of Ukraine, court records showed. But the U.S. government’s likelihood of gaining control of the aircraft worth nearly $400…
By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK (Reuters) – Amazon’s stock split may provide some solace to shareholders who have seen the e-commerce giant’s shares battered this year. Amazon shares were up 3.1% to $126.17 in afternoon trading after the 20-for-1 split, announced earlier this year but which took effect Monday. They have…
MEXICO CITY/WASHINGTON (Reuters) – The U.S. government on Monday asked Mexico to review whether workers at an auto parts plant owned by Italian-French carmaker Stellantis were denied their rights under the terms of the North American trade agreement. The request by the Labor Department and U.S. Trade Representative’s Office to probe Teksid Hierro de Mexico…
By Stephen Nellis (Reuters) -Apple Inc on Monday announced it would more deeply integrate its software into the instrument cluster on the dashboard of cars that will start shipping next year, while analysts and developers are keenly awaiting any hints about how a future mixed-reality headset might work. Apple also announced that its new MacBook…
FARMINGTON HILLS, Mich. (AP) — Two years ago, struggling Nissan Motor Co. announced a restructuring plan to cut costs and revamp its aging model lineup in an effort to rebuild sales as the coronavirus pandemic eased. Jérémie Papin, the company’s chairman for the Americas, says the turnaround is happening. In May, Nissan reported its first…
By Rajesh Kumar Singh, David Shepardson and Anirban Sen CHICAGO/WASHINGTON/NEW YORK (Reuters) -JetBlue Airways Corp on Monday improved its offer for Spirit Airlines Inc, heating up the bidding war for the ultra-low-cost-carrier whose shareholders are due to vote later this week on a merger agreement with Frontier Group Holdings Inc. JetBlue increased its reverse break-up…
By Stephen Nellis (Reuters) -As Apple Inc rolls out its usual stream of upgrades to operating systems for its iPhones, iPads and Macs at its annual software developer conference Monday, analysts and developers will be scouring between the lines for any hints about how a future mixed-reality headset might work. That headset is likely to…
By Jeff Mason WASHINGTON (Reuters) -President Joe Biden waived tariffs on solar panels from four Southeast Asian nations for two years and invoked the Defense Production Act to spur solar panel manufacturing at home, the White House said on Monday, confirming a Reuters report. The tariff exemption applies to panels from Cambodia, Malaysia, Thailand and…
