By David Shepardson WASHINGTON (Reuters) – U.S. regulators will not immediately allow Boeing to increase 737 MAX production as it addresses ongoing safety issues, the agency’s administrator said on Thursday, after a three-hour meeting with company officials, including outgoing CEO Dave Calhoun. The Federal Aviation Administration’s enhanced oversight of Boeing will continue in coming months,…
By Liz Lee, Joey Roulette, Joe Brock and Eduardo Baptista BEIJING (Reuters) -China landed an uncrewed spacecraft on the far side of the moon on Sunday, overcoming a key hurdle in its landmark mission to retrieve the world’s first rock and soil samples from the dark lunar hemisphere. The landing elevates China’s space power status…
By Xinghui Kok and Fanny Potkin SINGAPORE (Reuters) – Ukrainian President Volodmyr Zelenskiy’s unscheduled appearance at Asia’s biggest security conference dominated proceedings on Sunday after China’s defence chief slammed “separatists” in Taiwan, drawing a sharp response from the government in Taipei. Dressed in his trademark olive green T-shirt, Zelenskiy addressed the last day of the…
By Medha Singh (Reuters) – Nvidia could soon surpass Apple to become the world’s second-most valuable company, as the kingmaker behind the AI revolution takes on the iPhone maker that has ruled Wall Street for decades. The reliance of virtually all artificial intelligence applications such as OpenAI’s ChatGPT on Nvidia’s high-end chips has helped the…
By Katie Paul NEW YORK (Reuters) – Meta said on Friday its flagship app Facebook is attracting its highest number of young adults in three years, as it tries to shake the platform’s reputation as a hangout for an older generation. The social media network said that more than 40 million U.S. and Canadian adults…
(Reuters) – A Tesla shareholder filed a lawsuit on Thursday accusing CEO Elon Musk of insider trading when he sold over $7.5 billion of shares of the electric car maker in late 2022, saying the billionaire entrepreneur sold the shares before potentially disappointing production and delivery numbers were made public. Shareholder Michael Perry, in the…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the U.S. Securities and Exchange Commission, Live Nation said…
By Steve Holland WASHINGTON (Reuters) -U.S. President Joe Biden on Friday said Israel had proposed a Gaza ceasefire in exchange for the release of hostages, and called on Hamas to agree to the new offer, saying it was the best way to end the conflict. “It’s time for this war to end and for the…
By Karen Freifeld (Reuters) – The U.S. House of Representatives committee on China has asked the FBI and the intelligence community for a briefing on GenScript Biotechnology Co and three subsidiaries to determine if the Chinese Communist Party has influence over their operations. In a letter dated May 30 to the FBI and the U.S….
(Reuters) -Tesla is recalling 125,227 vehicles in the United States due to a malfunction in its seat belt warning system that can increase the risk of injury in a collision, the National Highway Traffic Safety Administration said on Friday. The regulator said the vehicles failed to comply with the federal safety requirements as their seat…
