(Reuters) -Social media platform X, formerly known as Twitter, on Monday sued a nonprofit that fights hate speech and disinformation, accusing it of asserting false claims and encouraging advertisers to pause investment on the platform. U.S. media reported earlier that Elon Musk-owned X had sent a letter to the Center for Countering Digital Hate (CCDH)…
By Divya Rajagopal and Gilles Guillaume TORONTO/PARIS (Reuters) – French-based Automotive Cells Co (ACC) is in early talks with officials in Canada and the United States on setting up a battery manufacturing plant in North America, an ACC spokesperson told Reuters on Tuesday. ACC is a joint venture between Stellantis, Total Energies and Mercedes-Benz Group….
By Sharon Bernstein (Reuters) -A North Carolina man who ran an SUV into six migrant workers in a Walmart parking lot and then fled the scene has turned himself in to authorities, saying he hit the accelerator by accident before striking people, police said. David Gonzalez, 68, of Hickory, North Carolina, surrendered on Monday at…
By Safiyah Riddle (Reuters) – Record-breaking heat waves across the U.S. forced small businesses to close early in July, according to a report released on Tuesday, and reduced paid working hours for employees as dangerous temperatures reshape consumer behavior. Hundreds of millions Americans dealt with extreme heat advisories in the past two weeks, as temperatures…
(Reuters) – A U.S. congressional committee on China is investigating asset management giant BlackRock and index provider MSCI, saying they were facilitating investments into blacklisted Chinese companies, underscoring how tense relations between the two countries are rippling out into corporate America. The firms have facilitated the flow of American capital into companies the U.S. government…
(Reuters) – U.S. energy company Equitrans Midstream on Tuesday said it still expects to complete the Mountain Valley natural gas pipeline by the end of the year despite being tangled in numerous court fights since construction began in 2018. The U.S. Supreme Court last week on Thursday removed an obstacle to completing the estimated $6.6…
Palantir Technologies Inc (NYSE:PLTR) experiences wild fluctuations in shares as positive momentum continues post a recent surge. The surge was prompted by favorable remarks from Wedbush analysts, generating excitement among investors. Wedbush analyst Dan Ives made an impressive entrance by initiating coverage on Palantir last Friday, issuing an Outperform rating along with a $25 price…
Elon Musk’s Starlink Empowers Ukraine Amidst Crisis, Raising Global Concerns During the 2022 Russian invasion, Starlink, SpaceX’s satellite internet service, came to Ukraine’s aid by providing crucial communication support amid outages. However, concerns are mounting globally over Musk’s significant influence on the technology. Countries, including Ukraine, have reached out to the United States to assess…
By Medha Singh and Chibuike Oguh (Reuters) -Shares of Tupperware Brands Corp, Yellow Corp and other U.S. companies have soared in recent days, reminding analysts of so-called “meme stock” rallies in which strong demand from retail investors fueled huge gains in stocks that had fallen out of favor on Wall Street. Shares of trucking company…
(Reuters) -Myanmar’s ruling military pardoned on Tuesday jailed former leader Aung San Suu Kyi on five of the 19 offences for which she was convicted but she will remain under house arrest, state media and informed sources said. The pardons mean six years will be shaved off Suu Kyi’s 33-year jail term, junta spokesperson Zaw…
