Nikola to pause production, cut costs after quarterly loss
(Reuters) – Nikola Corp on Tuesday reported a bigger quarterly loss and said it would pause production to streamline the…
May 9, 2023
Russian mercenary chief says he’s been told to stay in Bakhmut or be branded traitor
By Andrew Osborn (Reuters) – The head of Russia’s Wagner mercenary force fighting in eastern Ukraine said on Tuesday he…
Airbus Jan-April deliveries fall 5%, regains lead over Boeing
PARIS (Reuters) – Airbus delivered 54 airplanes in April, bringing its total for the year to 181, down 5% from…
Former Pakistan PM Imran Khan arrested, stirring nationwide violence
By Asif Shahzad and Gibran Naiyyar Peshimam ISLAMABAD (Reuters) -Pakistan’s anti-corruption agency arrested former prime minister Imran Khan at Islamabad…
Facebook is wrong to say news lacks economic value, says Canada PM Trudeau
By Ismail Shakil OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau on Tuesday said Meta Platforms Inc’s opposition to proposed…
Fox tops profit expectations as CEO affirms programming strategy after Tucker Carlson dismissal
By Helen Coster and Yuvraj Malik (Reuters) – Broadcaster Fox Corp beat estimates for third-quarter revenue and adjusted profit on…
Metaverse Could Contribute Up To 2.4% Of US GDP By 2035 – Study
(Reuters) – The metaverse could contribute as much as $760 billion or about 2.4% to U.S. annual gross domestic product…
Boeing deliveries fall by half in April due to 737 MAX bracket defect
WASHINGTON (Reuters) – Boeing Co deliveries fell to 26 airplanes in April, less than half of the previous month’s total,…
Novavax forecasts higher-than-expected revenue; shares surge
By Bhanvi Satija and Michael Erman (Reuters) -COVID-19 vaccine maker Novavax Inc on Tuesday forecast much higher 2023 revenue than…
Republican Speaker McCarthy opposes extending debt-ceiling through fiscal year
WASHINGTON (Reuters) – Republican U.S. House of Representatives Speaker Kevin McCarthy said on Tuesday he opposes the idea of extending…