Albemarle cuts annual profit forecast on softening lithium prices
By Ernest Scheyder (Reuters) -Lithium producer Albemarle Corp cut its annual profit forecast on Wednesday despite posting a better-than-expected quarterly…
May 3, 2023
U.S. FTC to enforce law to curb risks of artificial intelligence -chief
WASHINGTON (Reuters) – The Federal Trade Commission’s chief said the agency was committed to using existing laws to rein in…
Spirit AeroSystems takes $110 million in charges, profit hit on Boeing 737
By Valerie Insinna and Abhijith Ganapavaram WASHINGTON (Reuters) -Spirit AeroSystems Holdings Inc on Wednesday took a hefty $110 million loss…
PacWest is weighing strategic options, including possible sale – Bloomberg News
(Reuters) – PacWest Bancorp has been weighing a range of strategic options, including a sale, Bloomberg News reported on Wednesday,…
Joby Aviation to get investment from Tesla shareholder Baillie Gifford
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said…
Joby Aviation To Get Investment From Tesla Shareholder Baillie Gifford
(Reuters) – British investment management firm Baillie Gifford will invest $180 million in electric aircraft maker Joby Aviation, they said…
Political prisoners among 2,000 pardoned by Myanmar junta
(Reuters) – Myanmar’s military government on Wednesday pardoned more than 2,000 prisoners, state media reported, among them a journalist and…
US criminal justice alliance seeks to erase ‘trial penalty’
By Sarah N. Lynch WASHINGTON (Reuters) – A group of 24 U.S. civil rights and criminal justice groups and advocates…
MetLife profit drops as economic worries hurt adjusted premiums
(Reuters) -MetLife Inc reported a drop in first-quarter profit on Wednesday, as growing economic uncertainty hurt the insurer’s adjusted premiums,…
Finnish daily uses shooter videogame to dodge Russia’s press restrictions
By Anne Kauranen HELSINKI (Reuters) – Finland’s largest daily Helsingin Sanomat on Wednesday took its struggle against Russian media restrictions…