Tesla promises ‘more affordable’ cars after shelving all-new Model 2
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla said on Tuesday it would introduce “new models” by early 2025 using…
April 2024
Visa results beat estimates on resilient consumer spending
By Manya Saini and Pritam Biswas (Reuters) -Visa’s second-quarter results sailed past Wall Street estimates on Tuesday, as consumers shrugged…
JPMorgan CEO Dimon says US economy is booming
By Nupur Anand (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment…
Coca-Cola signs $1.1 billion deal to use Microsoft cloud, AI services
By Stephen Nellis (Reuters) – Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use…
Boeing expects slower increase in 787 production rate and deliveries, memo says
By Allison Lampert and David Shepardson (Reuters) -Boeing expects a slower increase in the production rate and deliveries of its…
Trump says Biden would be ‘responsible’ for any TikTok ban
By David Shepardson WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Monday that President Joe Biden was “pushing”…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
Stellantis to recall over 38,000 vehicles on potential airbag deployment issues
(This March 20 story has been corrected to say Stellantis, not Chrysler, is recalling vehicles in the headline and paragraph…
Meta releases early versions of its Llama 3 AI model
By Katie Paul NEW YORK (Reuters) -Meta Platforms on Thursday released early versions of its latest large language model, Llama…