GM’s electric gains face critical test as Trump targets EV subsidies
By Kalea Hall DETROIT (Reuters) – General Motors has spent billions over decades trying to blaze an electric trail, releasing…
Category: Business
Skype’s final call set for May as Microsoft prioritizes Teams
(Reuters) – Skype will ring for the last time on May 5 as owner Microsoft retires the two-decade-old internet calling…
Apple sued over ‘carbon neutral’ claim for watches
By Jonathan Stempel (Reuters) – Apple has been sued by consumers who said its claim that three versions of Apple…
Digital rights activists file complaints in Europe over Meta’s targeted ads
AMSTERDAM (Reuters) – Online rights activists have filed complaints with data protection authorities in several European countries about U.S. software…
Exclusive-T. Rowe, Columbia Threadneedle push back against some high-yield debt sponsors
By Shankar Ramakrishnan (Reuters) – Asset managers T. Rowe Price and Columbia Threadneedle are pushing back against private equity firms…
Exclusive-Bain Capital mulls $10 billion sale of Rocket Software, sources say
By Milana Vinn (Reuters) – Private equity firm Bain Capital is weighing options, including a sale, for Rocket Software that…
Tesla’s market value tumbles below $1 trillion as its Europe sales slump
By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…
Exclusive-JPMorgan executive calls for ‘more hustle’ after return to office mandate
By Lananh Nguyen and Nupur Anand NEW YORK (Reuters) – A JPMorgan Chase executive told thousands of employees he wanted…
Oil trade group pushes US for national ethanol policy after EPA okays Midwest expansion
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – The American Petroleum Institute trade group on Monday pressed for…
AI startup Anthropic finalizing $3.5 billion funding round, WSJ reports
(Reuters) – AI startup Anthropic is looking to raise $3.5 billion in its latest funding round which would value the…