-Ford Motor cut prices of some variants of its F-150 Lightning electric pickup truck by as much as $5,500, the Detroit automaker said on Thursday, […]
US electricity and gasoline prices push up energy sector inflation
NEW YORK (Reuters) – U.S. electricity and gasoline prices increased sharply in March, with electricity up 0.9% and gasoline up 1.7%, leading the energy sector […]
Fed seen cutting US interest rates later, and less, as inflation stays hot
By Ann Saphir (Reuters) -Prospects for a first Federal Reserve interest-rate cut before the end of summer — or even at all this year — […]
Biden administration says Enbridge pipeline shutdown order should be reconsidered
By Clark Mindock and Rod Nickel (Reuters) -The Biden administration has urged a U.S. appeals court to tell a lower court to rethink its order […]
US CDC says bird flu risk low, but asks states to be ready with testing
(This April 8 story has been corrected to remove reference to rapid testing, in the headline) (Reuters) – The U.S. Centers for Disease Control and […]
Google unveils Arm-based data center processor, new AI chip
By Max A. Cherney SAN FRANCISCO (Reuters) – Google on Tuesday revealed the details of a new version of its data center artificial intelligence chips […]
JPMorgan names CEO Dimon’s potential successors including Piepszak, Lake
By Manya Saini and Nupur Anand (Reuters) -JPMorgan Chase’s board identified potential successors to CEO Jamie Dimon, paving the way for a leadership transition at […]
Tesla’s Musk predicts AI will be smarter than the smartest human next year
(Reuters) -Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably by next year, or by […]
Retailer 99 Cents Only files for bankruptcy, plans to shut down
By Dietrich Knauth NEW YORK (Reuters) – Budget retailer 99 Cents Only filed for Chapter 11 bankruptcy protection in Delaware on Sunday, saying that it […]
JPMorgan CEO Dimon hails US power in policy-focused letter to investors
By Nupur Anand NEW YORK (Reuters) -JPMorgan Chase CEO Jamie Dimon hailed U.S. leadership and economic power in an annual letter to shareholders on Monday […]