Fisker cuts production forecast as challenges mount for EV startups
(Reuters) -Fisker Inc lowered its 2023 production target on Tuesday, the latest sign that U.S. electric-vehicle startups were struggling to…
US
US debt limit default could hit in early June to early August -think tank
By David Lawder WASHINGTON (Reuters) -The U.S. government will begin defaulting on its payment obligations between early June and early…
Michael Cohen calls Trump’s $500 million suit against him “pure retaliation”
By Karen Freifeld and Jonathan Stempel (Reuters) – Donald Trump’s onetime lawyer and fixer Michael Cohen asked a court to…
Ford to test small UK fleet of hydrogen fuel cell E-Transit vans
By Nick Carey LONDON (Reuters) – Ford Motor Co said on Tuesday it will test a small fleet of prototype…
Duke Energy misses profit estimates as warm weather weighs on power usage
(Reuters) – Duke Energy Corp on Tuesday missed Wall Street estimates for first-quarter profit, as the gas and electric utilities…
Valero Energy CEO Joseph Gorder to step down, insider Riggs to succeed
(Reuters) – U.S. refiner Valero Energy Corp said on Tuesday CEO Joseph Gorder would step down from the role on…
Apollo Global Q1 earnings fall 8%, missing estimates
By Chibuike Oguh NEW YORK (Reuters) – Apollo Global Management Inc said on Tuesday its first-quarter adjusted net income fell…
Explainer-How Disney’s and DeSantis’ dueling lawsuits might play out
By Tom Hals WILMINGTON, Delaware (Reuters) – Walt Disney Co and Florida Governor Ron DeSantis have been embroiled in an…
Drugmakers set strategy for legal fight against US pricing regulation
By Patrick Wingrove and Michael Erman (Reuters) – Some of the world’s biggest drugmakers are laying legal groundwork to fight…
Explainer-Washington edges closer to debt ceiling deadline
By Jason Lange WASHINGTON (Reuters) – U.S. President Joe Biden is due to meet on Tuesday with the top Republicans…