By David Lawder WASHINGTON (Reuters) -President Joe Biden’s nominee to run the Internal Revenue service pledged on Wednesday not to…
Roblox shares soar as earnings defy gaming slowdown fears
By Eva Mathews (Reuters) -Roblox shares soared 25% on Wednesday as the gaming platform popular with kids and teenagers topped…
Factbox-Tesla CEO Musk signals Part 3 of Master Plan is ready
(Reuters) – Tesla Inc Chief Executive Elon Musk promises to unveil a third part of his Master Plan on March…
U.S. backs Moderna, says government should face COVID-19 vaccine lawsuit
By Blake Brittain (Reuters) – The U.S. government should face a patent lawsuit over COVID-19 vaccines, not vaccine maker Moderna…
Ternium CEO says could build new $2 billion steel plant in northern Mexico
MEXICO CITY (Reuters) – Steelmaker Ternium is considering building a new $2.2 billion steel production plant near its current Pesqueria…
Lufthansa IT meltdown strands thousands of passengers
By Ilona Wissenbach and Hakan Ersen FRANKFURT (Reuters) -An IT failure at Lufthansa stranded thousands of passengers and forced flights…
Ford fights $8 billion cost deficit, aims to secure 8% EV margins
By Aishwarya Nair, Paul Lienert and Joseph White (Reuters) -Ford Motor Co has identified measures to secure 8% margins on…
Slowdown in UK inflation eases pressure on Bank of England
By Andy Bruce and William Schomberg LONDON (Reuters) – British inflation fell by more than expected in January and there…
Fertilizer makers in for another slow quarter as demand wilts
By Sourasis Bose (Reuters) – Fertilizer companies Nutrien Ltd, Mosaic Co and CF Industries are expected to take a sales…
U.S. retail sales roar back; manufacturing shows improvement
By Lucia Mutikani WASHINGTON (Reuters) – U.S. retail sales increased by the most in nearly two years in January after…