By Joey Roulette WASHINGTON (Reuters) – Elon Musk’s SpaceX has tapped NASA’s former human spaceflight boss Kathy Lueders to help oversee development of the company’s moon and Mars rocket called Starship, a person familiar with the hire said on Monday. Lueders, the second former NASA human spaceflight chief to retire and move to SpaceX in…
By David French and Mrinalika Roy (Reuters) – Activist investor Elliott Investment Management LP is calling for a boardroom overhaul and strategic changes at NRG Energy after taking a position in the U.S. power company for the second time in six years. The investment firm, which also pushed for changes at NRG in 2017, wants…
(Reuters) – A Russian government commission has approved the sale of Volkswagen’s main factory in Russia to a domestic car dealership, Trade and Industry Minister Denis Manturov told the TASS news agency on Monday. The VW plant, in the Kaluga region south of Moscow, will be sold to the Avilon dealership, previously the official dealer…
By Gabrielle Tétrault-Farber and Emma Farge GENEVA (Reuters) -Former White House adviser Amy Pope was elected to head the U.N. migration agency, prevailing on Monday in a tense contest against a Portuguese incumbent who had the support of European countries. The International Organization for Migration (IOM) said Pope would become the first woman to lead…
PARIS (Reuters) – The Paris prosecutor has opened a judicial inquiry into planned obsolescence of Apple products, a spokesperson for the prosecutor said on Monday, confirming an AFP report. “Following a complaint, an investigation was opened in December 2022 into deceptive marketing practices and programmed obsolescence,” the spokesperson said, adding that the complaint had been…
By Marc Jones LONDON (Reuters) – Hopes among investors of a surge in Turkish markets evaporated on Monday after long-standing President Tayyip Erdogan took a commanding position in Turkey’s elections. The combative 69-year-old performed better than expected in Sunday’s first round vote, securing a comfortable lead for the second round on May 28 and dousing…
By Sarah N. Lynch and Tyler Clifford WASHINGTON (Reuters) -Migrant crossings at the U.S.-Mexico border have unexpectedly fallen, not risen, since Title 42 curbs expired and reinstating criminal penalties for illegal entry is likely the biggest reason, the Biden administration said on Sunday. U.S. Homeland Security Secretary Alejandro Mayorkas said border patrol agents have seen…
Raphael Bostic, the president of the Federal Reserve Bank of Atlanta, said Monday he does not expect any interest-rate cuts this year because inflation is likely to be stickier than those in markets believe, and if anything “we may have to go up”. “The appropriate policy is really just to wait and see how much…
PARIS (Reuters) – US electric car manufacturer Tesla will make significant investments in France, its CEO Elon Musk said in Versailles on Monday, adding that he could not give a timetable. Asked after a meeting with French President Emmanuel Macron whether Tesla planned to announce investments in France, Musk said “I think at some point,…
