By Rajesh Kumar Singh EVENDALE, Ohio (Reuters) – A GE Aerospace executive said on Wednesday global supply chains will likely remain challenged even next year, despite a production slowdown at Boeing. Russel Stokes, head of GE Aerospace’s commercial engines and services, said while the company is aligned with Boeing’s production rates for this year, it…
By Kristina Cooke and Ted Hesson WASHINGTON (Reuters) – When news broke of U.S. President Joe Biden’s plan to provide a path to citizenship for certain immigrants who entered the country illegally and are married to U.S. citizens, Pennsylvania-based immigration lawyer Bridget Cambria didn’t need long to think of clients it could help. Over the…
(Reuters) – Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk said in a post on social media platform X on Wednesday. The U.S. businessman has recently told investors that his artificial intelligence startup xAI is planning to build a supercomputer to power the next version…
By Brendan Pierson (Reuters) – Johnson & Johnson is facing a new proposed class action seeking damages and medical monitoring on behalf of women who have been diagnosed with cancer, or might develop it in the future, allegedly as a result of using the company’s baby powder and other talc products. The lawsuit, filed on…
By Gram Slattery RACINE, Wisconsin (Reuters) – Donald Trump holds a rally in Racine, Wisconsin, on Tuesday, where he will slam Democratic President Joe Biden’s handling of the economy, even as a major local factory that Trump broke ground on six years ago has proven to be a flop. The Republican former president was in…
(Reuters) – ** Shares of Apple Inc climbs 2.1% with the iPhone maker on track to close with a market cap of $3.33 trln, more than any company in history, with Microsoft and Nvidia both close behind ** AAPL now up ~10% since June 7, just before the co unveiled a long-awaited AI strategy, integrating…
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund Balchug Capital, Russian company filings showed. Caterpillar Inc suspended operations in its manufacturing facilities in Russia in 2022, joining a number of foreign companies that halted business in the country after Moscow’s February 2022 invasion…
By Brendan Pierson (Reuters) – The U.S. state of Kansas on Monday sued Pfizer, accusing the company of misleading the public about its COVID-19 vaccine by hiding risks while making false claims about its effectiveness. In a lawsuit filed in the District Court of Thomas County, the state said the New York-based drugmaker’s alleged false…
By David Shepardson and Andrea Shalal WASHINGTON (Reuters) – The first U.S. presidential debate between incumbent Joe Biden and Republican rival Donald Trump on June 27 will include two commercial breaks, no props and muted microphones except when recognized to speak, CNN said Saturday. In May, the candidates agreed to face off in two debates…
WASHINGTON (Reuters) – Republican Senator Chuck Grassley said Friday he is launching a new congressional oversight inquiry into the Federal Aviation Administration and Boeing after a January mid-air emergency involving a 737 MAX 9. The probe is the latest in a series of investigations by lawmakers since the incident. Grassley, who first probed Boeing safety…
