US oil and gas auction yields nearly $80 million for federal coffers
(Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage…
Business
Taiwan says software problems delaying new F-16 deliveries
TAIPEI (Reuters) -Software problems are delaying the delivery to Taiwan of 66 advanced new F-16V fighter jets from the United…
Ford CEO says China main EV rival, not GM, Toyota
By David Shepardson (Reuters) – Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its…
Gap Inc posts surprise profit, shares jump 16% after hours
By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Gap Inc on Thursday reported a surprise profit in the first…
Air Canada ground stop lifted after technical issue
MONTREAL (Reuters) -Air Canada said on Thursday that a precautionary ground stop on its flights has been lifted after the…
Ford strikes deal with Tesla to gain access to rival charging stations starting 2024
By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla…
Wall Street ends higher as Nvidia sparks rush for AI stocks
By Noel Randewich and Shreyashi Sanyal (Reuters) – Wall Street ended sharply higher on Thursday after a blowout forecast from…
VW, Audi agree to $85 million diesel settlement in principle with Texas
By David Shepardson (Reuters) -Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations…
US trade chief seeks new thinking on global challenges as APEC ministers meet
By David Lawder DETROIT (Reuters) – U.S. Trade Representative Katherine Tai on Thursday called on Asia Pacific Economic Cooperation (APEC)…
US default fears spark clearing house collateral scrutiny
By John McCrank, Laura Matthews and Michelle Price WASHINGTON (Reuters) – Clearing houses and their members are working out how…