SpaceX tender offer values company at about $150 billion – Bloomberg News
(Reuters) – Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation…
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US lawmaker to re-introduce bipartisan bill to get EV industry into biofuel program
By Stephanie Kelly NEW YORK (Reuters) – A U.S. Democratic lawmaker plans to reintroduce a bipartisan bill next month that…
US warns of potential 5G delays for airplanes without updated altimeters
By David Shepardson WASHINGTON (Reuters) -U.S. Transportation Secretary Pete Buttigieg warned Friday of potential delays starting July 1 for airplanes…
Dollar higher on safety bid as data spurs growth worries
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar rose against the euro on Friday after dismal business activity data…
US business borrowing for equipment up 1% in May, ELFA survey shows
(Reuters) – U.S. companies borrowed 1% more in May compared to a year earlier to finance equipment investments, industry body…
Palladium in retreat on EV prospects, growth risks
By Ashitha Shivaprasad (Reuters) – Palladium could extend this year’s near 30% price decline as the rapid rise of electric…
UAW rips Biden administration on US loan to Ford joint venture battery plant
By David Shepardson WASHINGTON (Reuters) – United Auto Workers (UAW) union President Shawn Fain on Friday harshly criticized the U.S….
News organizations challenge court decision on FTX customer privacy
By Dietrich Knauth NEW YORK (Reuters) – A group of media organizations on Friday appealed a court decision that allows…
Berlin plans to spend 8 billion euros in package for 60 Boeing Chinook helicopters -source
BERLIN (Reuters) – Germany aims to purchase 60 Chinook helicopters from Boeing in a package that would cost up to…
Forecasts show U.S. earnings decline in second quarter
By Caroline Valetkevitch NEW YORK (Reuters) – Forecasts for second-quarter U.S. earnings still look gloomy after a much-better-than-feared first quarter…