Tesla, Volvo Car pause output as Red Sea shipping crisis deepens
By Victoria Waldersee, Anna Ringstrom and Marie Mannes BERLIN/STOCKHOLM (Reuters) -Automakers Tesla and Geely-owned Volvo Car said they were suspending…
January 2024
US airlines cancel over 2,000 flights due to massive winter storm
(Reuters) -Airlines in the United States canceled more than 2,000 flights on Friday after a massive winter storm knocked out…
JPMorgan’s annual profit surges to record even as quarterly net income dips
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase reported its best-ever annual profit and forecast higher-than-expected interest income…
Delta cuts 2024 profit outlook on higher costs, economic risks; shares fall
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year,…
Hunter Biden pleads not guilty to tax fraud charges
By Chris Kirkham LOS ANGELES (Reuters) -U.S. President Joe Biden’s son Hunter Biden pleaded not guilty on Thursday in federal…
Microsoft briefly overtakes Apple as world’s most valuable company
By Aditya Soni (Reuters) -Microsoft on Thursday briefly overtook Apple as the world’s most valuable company for the first time…
Biden administration issues rule that could curb ‘gig’ work, contracting
By Daniel Wiessner (Reuters) -The U.S. Department of Labor on Tuesday issued a final rule that will force companies to…
Meta to restrict more content for teens as regulatory pressure mounts
(Reuters) – Meta Platforms said on Tuesday it would hide more content from teens on Instagram and Facebook, after regulators…
Exxon’s faces hurdles in $2.5 billion exit from California offshore
By Sabrina Valle HOUSTON (Reuters) – Exxon Mobil’s write-down of about $2.5 billion of troubled California properties aims to end…
Nvidia rallies to record high as chipmaker announces AI-related components
(Reuters) – Shares of Nvidia surged to a record high close on Monday after the world’s most valuable chipmaker unveiled…