By Paul Lienert and David Shepardson (Reuters) -The U.S. Energy Department on Thursday made a conditional commitment to Redwood Materials…
Yahoo to lay off more than 20% of staff
(Reuters) -Yahoo said on Thursday it plans to lay off more than 20% of its total workforce as part of a major…
AMD wins nearly a third of processor market, Arm’s climb slows, analyst report
By Stephen Nellis (Reuters) – Advanced Micro Devices Inc has captured nearly a third of the market for central processor…
High-tech dashboards, driving assistants vex luxury vehicle owners -study
By Joseph White DETROIT (Reuters) – Tesla Inc and established luxury automakers are frustrating consumers with advanced driving assistance technology…
Fed releases 2023 stress test scenarios for banks, including extra new shock for big firms
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve on Thursday released the hypothetical economic strains they will use…
Stocks, dollar slip as rate hike fears unsettle investors
By Herbert Lash and Huw Jones NEW YORK/LONDON (Reuters) – The dollar slid and a global equity rally lost steam…
Exxon to merge some business units as part of cost-cutting plan
By Sabrina Valle and Mrinalika Roy (Reuters) -Exxon Mobil Corp said on Thursday it is merging some business units as…
Exclusive-Black Knight to shed unit in bid to save $13 billion sale to ICE -sources
By David French (Reuters) – Mortgage data vendor Black Knight Inc has decided to put its Empower loan origination software…
U.S. dollar falters as Fed outlook weighs; focus on next week’s inflation data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. dollar fell across the board on Thursday, moving in line with…
Disney to cut 7,000 jobs in major revamp by CEO Iger
By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) – Walt Disney Co on Wednesday announced a sweeping restructuring under…