Theranos founder Holmes loses bid to stay out of prison, hit with huge restitution bill
By Jody Godoy (Reuters) -Theranos founder Elizabeth Holmes and former CEO Ramesh “Sunny” Balwani were on Tuesday ordered to pay…
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Hyundai Europe CEO: we won’t take a “knee-jerk reaction” to Tesla
MUNICH (Reuters) – Hyundai Motor Co’s European chief said the carmaker was not making a direct change to its pricing…
Vietnam EV maker VinFast sees sales boom, path to breakeven
By Phuong Nguyen HANOI (Reuters) -Vietnam’s VinFast expects to sell as many as 50,000 electric vehicles (EVs) this year, an…
Elon Musk says Tesla not immune to tough economy that he foresees
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla Inc CEO Elon Musk warned on Tuesday that the electric-vehicle maker was…
Blackstone, Thomson Reuters consortium sells $3.4 billion LSEG shares at discount
(Reuters) -An investor consortium including U.S. buyout firm Blackstone and Thomson Reuters sold 33 million shares in the London Stock…
Japan embraces G7’s gas support but companies may face long-term problems
By Katya Golubkova, Yuka Obayashi and Kate Abnett TOKYO (Reuters) – Japan’s energy companies were quick to embrace the G7’s…
China’s BYD beefs up autonomous driving credentials with new unit, hiring spree
SHANGHAI/BEIJING (Reuters) – BYD Co Ltd may be China’s biggest electric vehicle maker by a country mile but it knows…
Explainer-Can Ukraine use Patriot defense systems to knock out Russian hypersonic missiles?
(Reuters) – Ukraine said on Tuesday that it downed six Russian hypersonic Kinzhal missiles in a single night, in what…
US House Democrat to force vote to expel embattled Republican George Santos
By Moira Warburton WASHINGTON (Reuters) – Democratic U.S. Representative Robert Garcia on Tuesday started the process of forcing a vote…
US IRS to launch free tax e-file pilot program in 2024
By David Lawder WASHINGTON (Reuters) -The Internal Revenue Service said on Tuesday it would launch a free, government-provided direct tax…