Zoox headcount grows as Amazon’s self-driving unit expands testing in Vegas
By Abhirup Roy and Akash Sriram (Reuters) – Amazon.com Inc’s self-driving vehicle unit Zoox has grown its headcount by about…
Business
US judge approves Overstock’s $21.5 million Bed Bath & Beyond purchase
By Dietrich Knauth NEW YORK (Reuters) – A U.S. bankruptcy judge on Tuesday approved Overstock.com’s $21.5 million purchase of Bed…
Oil prices drop over 2% on interest rate hike worries
By Stephanie Kelly NEW YORK (Reuters) -Oil prices slumped over 2% on Tuesday on signals that central banks may not…
Harley-Davidson taps insider Jonathan Root as new CFO
(Reuters) – Harley-Davidson on Tuesday named insider Jonathan Root as its new chief financial officer to succeed Gina Goetter who…
U.S. new home sales jump in May; median house price falls
WASHINGTON (Reuters) -Sales of new U.S. single-family homes surged to the highest level in nearly 1-1/2 years in May, benefiting…
Biden does not expect a recession, says US economy is ‘strong’
WASHINGTON (Reuters) – President Joe Biden said on Tuesday the United States economy is “strong now” and he does not…
Jefferies beats profit estimates as capital market revival offsets deal slump
By Jaiveer Shekhawat and Lananh Nguyen (Reuters) -Jefferies Financial Group Inc on Tuesday posted second-quarter profit that edged past analysts’…
United Airlines CEO blames FAA as storms trigger more flight cancellations
(Reuters) – United Airlines Chief Executive Scott Kirby has blamed the Federal Aviation Administration (FAA) after severe storms led to…
Google aims to avoid ‘perverse’ regulation in Brazil, says executive
By Patricia VilasBoas SAO PAULO (Reuters) – The top executive of Google Brazil said on Tuesday the company encourages greater…
Wall Street closes higher as upbeat economic data allays slowdown fears
By Sinéad Carew, Sruthi Shankar and Johann M Cherian (Reuters) – U.S. stock indexes rebounded on Tuesday from a recent…