Citi profit beats on surge in investment banking, services strength
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a…
July 2024
Major investors pile in to UK rental homes despite regulatory fears
By Iain Withers and Aby Jose Koilparambil LONDON (Reuters) – Aviva, Legal & General and M&G are ramping up investments…
Tesla delays robotaxi launch to October, Bloomberg News reports
(Reuters) -Tesla is delaying the launch of robotaxi by about two months to October as the design team was told…
US lawmakers raise worries about China in Microsoft deal with Emirati AI firm
By Alexandra Alper and Christopher Bing WASHINGTON (Reuters) -Republican lawmakers asked the Biden administration for an intelligence assessment of Microsoft’s…
G7 denounces Israel’s settlement expansion in West Bank
ROME (Reuters) – Foreign Ministers from the Group of Seven (G7) major democracies on Thursday denounced Israel’s move to expand…
Dollar General to pay $12 million penalty, improve safety in US settlement
By Kanishka Singh WASHINGTON (Reuters) – Discount store operator Dollar General has agreed to pay $12 million in penalty for…
US safety board studies Southwest airplane damage that happened before roll
By David Shepardson WASHINGTON (Reuters) – The National Transportation Safety Board said on Tuesday it is seeking to determine when…
Michigan lowers incentives for Ford EV battery plant to match reduced output
By Nora Eckert DETROIT (Reuters) – Ford Motor is receiving a reduced incentive package from Michigan for its battery plant…
Billionaire investor Ackman kicks off fundraising for new US fund
By Svea Herbst-Bayliss (Reuters) – Hedge fund manager Bill Ackman kicked off fundraising for a new U.S.-listed closed-end fund on…
White House warns Iran against meddling in Gaza protests in US
WASHINGTON (Reuters) – The White House on Tuesday accused Tehran of trying to take advantage of Gaza-related protests in the…