(Reuters) -Oil major Exxon Mobil is in talks with Tesla, Ford Motor, Volkswagen and other automakers to supply lithium for electric vehicle batteries, Bloomberg Law reported on Monday, citing people familiar with the matter. The talks also include the likes of Samsung and SK On Co, the report added. Tesla, Ford, Volkswagen did not respond…
By Julie Steenhuysen CHICAGO (Reuters) -Quest Diagnostics on Monday launched the first direct-to-consumer blood test to detect abnormal levels of beta amyloid, a key Alzheimer’s disease protein that can appear years before dementia symptoms arise. The $399 test, called AD-Detect, uses the same technology as a blood test the company began selling for use by…
WASHINGTON (Reuters) -U.S. President Joe Biden has selected Colorado Springs as the permanent location of the U.S. Space Command headquarters, the U.S. military said on Monday, ending a long-running debate over potentially moving it to Republican-stronghold Alabama. The Pentagon said the decision by Biden, a Democrat, would ensure “peak readiness” of the command during a…
(Reuters) – Tenet Healthcare Corp on Monday raised its annual profit forecast after a strong second quarter, betting on a recovery in surgical procedure volumes, sending its shares up 3% in extended trading. The hospital operator sees its 2023 core earnings in the range of $3.31 million to $3.46 million, compared with its previous forecast…
By Gram Slattery RYE, New Hampshire (Reuters) – Sunday afternoon for Ron DeSantis began at a restaurant. The Florida governor sidled into a booth to chat up a pair of newlyweds. Next he took questions at a barbecue outside a small red barn where onlookers munched on hot dogs. His day of campaigning for the…
By David Morgan WASHINGTON (Reuters) -A witness in a Republican-led congressional probe said on Monday that Hunter Biden sought to create an “illusion of access” to his father Joe Biden while doing business in Ukraine but that the then-vice president played no role in any deals, according to a Democratic lawmaker. Former Hunter Biden associate…
By Echo Wang (Reuters) – U.S. stocks closed little changed on Monday, ending a strong July on upbeat company earnings and hopes of a soft landing for a resilient U.S. economy. All three major stock indexes ended with gains for the month, ahead of a busy week of earnings reports from companies including Amazon.com and…
By Ann Saphir (Reuters) -U.S. banks reported tighter credit standards and weaker loan demand from both businesses and consumers during the second quarter, Federal Reserve survey data released on Monday showed, evidence that the central bank’s interest-rate hike campaign is slowing the nation’s financial gears as intended. The Fed’s quarterly Senior Loan Officer Opinion Survey,…
By Herbert Lash NEW YORK (Reuters) -The dollar strengthened on Monday after a survey from the Federal Reserve showed U.S. banks reported tighter credit standards and weaker loan demand during the second quarter, a sign rising interest rates are having an impact on the economy. The Fed’s quarterly Senior Loan Officer Opinion Survey, or SLOOS,…
By Lisa Baertlein LOS ANGELES (Reuters) – The operational shutdown of Yellow Corp, a major U.S. trucking firm, should help prop up industry rates that tumbled after the cargo bubble of the early coronavirus pandemic deflated last year, transportation analysts said. The company, formerly known as YRC, is one of the nation’s largest so-called “less-than-truck…