FedEx says U.S. Express service disrupted, blames FAA IT outage overnight
LOS ANGELES (Reuters) -FedEx Corp on Wednesday said its U.S. Express deliveries could be delayed due to an overnight Federal…
Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI
By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth fell to near…
Thermo Fisher’s warning on more pain from biotech funding squeeze hits sector
By Bhanvi Satija (Reuters) -Thermo Fisher Scientific on Wednesday signaled that a slump in demand from biotechs for its services…
U.S. will extend EU metals tariff exemption if needed -envoy
BRUSSELS (Reuters) – The United States will roll over its suspension of tariffs on European Union steel and aluminium if…
UAW strikes GM’s Escalade factory, turning up pressure for higher wages
By David Shepardson and Joseph White (Reuters) -The United Auto Workers (UAW) union on Tuesday struck a General Motors assembly…
Tesla aware of Autopilot steering malfunction before fatal crash -lawyer
By Dan Levine and Hyunjoo Jin (Reuters) – An attorney suing Tesla over a fatal accident cited an internal safety…
Time for central bank digital currencies to prove their worth
By Marc Jones LONDON (Reuters) -A milestone move by the European Central Bank toward launching a digital euro within a…
NextEra CEO Expects Results to Beat Expectations for Next Three Years
By Nicole Jao and Seher Dareen (Reuters) -NextEra Energy expects financial results to be at least near the top of…
Apple to hold special event on Oct. 30 dubbed ‘Scary Fast’
(Reuters) – IPhone maker Apple said on Tuesday it will hold a special event named “Scary Fast” on Oct. 30….
Chevron to buy Hess for $53 billion in latest oil mega-merger
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) – Chevron has agreed to buy Hess for $53 billion in stock…