New York adds 300 MW transmission line from Rainey to Corona
(Reuters) – A new 300-megawatt (MW) Con Edison Rainey-to-Corona transmission line, which can power 240,000 average-sized homes in New York…
Updated
China’s AI industry barely slowed by US chip export rules
By Stephen Nellis, Josh Ye and Jane Lanhee Lee (Reuters) -U.S. microchip export controls imposed last year to freeze China’s…
TikTok to launch ad product that will give premium content creators 50% cut
(Reuters) – TikTok said on Wednesday it is launching a product that well let advertisers place ads alongside content produced…
Option Care to buy homecare service provider Amedisys in $3.6 billion deal
(Reuters) -Homecare services provider Option Care Health Inc said on Wednesday it is acquiring Amedisys Inc in an all-stock deal…
Ford CEO calls electric vehicle market price cuts ‘a worrying trend’
By David Shepardson and Joseph White WASHINGTON (Reuters) -Ford CEO Jim Farley said on Wednesday that price cuts in the…
Nine killed in planned attack at Serbian school by 13-year-old boy
By Ivana Sekularac and Aleksandar Vasovic BELGRADE (Reuters) -A 13-year-old boy gunned down eight fellow pupils and a security guard…
Equities choppy while Treasury yields, dollar retreat in choppy trading after Fed hikes rates
(Corrects firm name to RBC Wealth Management from RBC Portfolio Advisory Group in paragraph 5) By Sinéad Carew NEW YORK…
Albemarle cuts annual profit forecast on softening lithium prices
By Ernest Scheyder (Reuters) -Lithium producer Albemarle Corp cut its annual profit forecast on Wednesday despite posting a better-than-expected quarterly…
U.S. FTC to enforce law to curb risks of artificial intelligence -chief
WASHINGTON (Reuters) – The Federal Trade Commission’s chief said the agency was committed to using existing laws to rein in…
Spirit AeroSystems takes $110 million in charges, profit hit on Boeing 737
By Valerie Insinna and Abhijith Ganapavaram WASHINGTON (Reuters) -Spirit AeroSystems Holdings Inc on Wednesday took a hefty $110 million loss…