Ford cuts F-150 Lightning production as EV demand softens
By David Shepardson and Nathan Gomes (Reuters) -Ford Motor said on Friday it would reduce production of its F-150 Lightning…
Category: Business
US announces $325 million to repair EV chargers, cut battery costs
(Reuters) -The U.S. Departments of Transportation and Energy will invest$325 million across three programs to advance EV technologies, repair chargers…
Meta ramps up AI efforts by building chip arsenal, consolidating teams
NEW YORK (Reuters) -Meta CEO Mark Zuckerberg said on Thursday that the company was bringing its AI research team “closer…
Spirit Airlines is looking at options to refinance its debt -source
CHICAGO (Reuters) – Spirit Airlines is looking at options to refinance its debt and is not considering restructuring, a person…
Apple to sell some watches without blood oxygen feature after US court ruling
By Blake Brittain and Stephen Nellis WASHINGTON/SAN FRANCISCO (Reuters) -Apple said on Wednesday it would remove a blood oxygen monitoring…
Musk’s X approved for Virginia money transmitter license
By Sheila Dang (Reuters) – Social media platform X received approval for a money transmitter license in Virginia, the 17th…
Albemarle to cut staff, pause expansions amid falling lithium prices
(Reuters) -Albemarle, the world’s largest lithium producer, said on Wednesday it will cut jobs and defer spending on a U.S.…
Analysis-Musk’s warning about Tesla stake raises governance questions
By Aditya Soni, Akash Sriram and Hyunjoo Jin (Reuters) -Elon Musk’s warning about developing AI and robotics outside Tesla unless…
US judge blocks JetBlue from acquiring Spirit Airlines
By Nate Raymond, David Shepardson and Rajesh Kumar Singh BOSTON (Reuters) -A federal judge on Tuesday blocked JetBlue Airways’ planned…
Three of ‘Big Six’ US banks tap bond market post-earnings
By Matt Tracy (Reuters) -Three of the six largest U.S. banks raised $23.25 billion in new bonds on Tuesday, kicking…