By Jonathan Stempel (Reuters) – Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing privately. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, put a scheduled Feb. 5, 2024 trial in the proposed class action on hold…
By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -Airplane maker Boeing is urging airlines to inspect 737 MAX airplanes for a possible loose bolt in the rudder control system, the Federal Aviation Administration (FAA) said on Thursday. The FAA said it was closely monitoring Boeing 737 MAX targeted inspections and will consider additional action based…
By Steve Stecklow (Reuters) -Two U.S. senators have written to Elon Musk, Tesla’s top executive, calling on him to “swiftly” recall any steering and suspension parts that pose a safety risk. The letter cites “an alarming” Reuters investigation published on December 20 that exposed how Tesla has blamed drivers for frequent failures of components it…
HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has launched its first partnership with a U.S.-based dealer, North Carolina-based Leith Automotive Group, its latest effort to ramp up sales in the United States market, the two companies said. In an interview with Reuters in August, VinFast’s global chief executive said the company was changing…
By Blake Brittain and Jaspreet Singh (Reuters) -Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission’s import ban on the devices imposed in a patent dispute over its medical monitoring technology. The tech giant had filed an emergency request asking the U.S. Court…
By Koh Gui Qing and Dhara Ranasinghe NEW YORK/LONDON (Reuters) -World stocks rallied to their highest level in more than a year on Wednesday, while the U.S. dollar hit a five-month low, as expectations mounted that key central banks such as the Federal Reserve will start to cut interest rates early next year. In line…
By Akash Sriram and Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla is expected to post another record quarter for electric vehicle (EV) deliveries, likely shy of an ambitious 2 million annual internal target that CEO Elon Musk touted at the beginning of the year. Faced with slowing sales, Tesla leveraged its industry-leading margins and slashed prices…
(Reuters) – The United States has finalized contracts to purchase three million barrels of oil to help replenish the Strategic Petroleum Reserve (SPR) after the largest sale in history last year, the U.S. Department of Energy said on Tuesday. The department said it bought the oil, for delivery to a site in Big Spring, Texas,…
By Sam Nussey TOKYO (Reuters) -SoftBank Group Corp said it would receive shares in telco T-Mobile US worth some $7.59 billion at no additional cost, driving the Japanese conglomerate’s shares up 5%. Masayoshi Son’s conglomerate said late on Tuesday it had told T-Mobile US to issue 48.75 million shares in common stock to it after…
By Naveen Thukral SINGAPORE (Reuters) -High food prices in recent years have prompted farmers worldwide to plant more cereals and oilseeds, but consumers are set to face tighter supplies well into 2024, amid adverse El Nino weather, export restrictions and higher biofuel mandates. Global wheat, corn and soybean prices – after several years of strong…
