(Reuters) – Applied Digital reported third-quarter revenue below Wall Street estimates on Monday due to a slowdown in the datacenter…
Tesla speeds up odometers to avoid warranty repairs, US lawsuit claims
By Jonathan Stempel (Reuters) – Tesla faces a proposed class action claiming it speeds up odometers on its electric vehicles…
Lyft investor Engine Capital names board nominees in start to proxy battle
(Reuters) -Activist investor Engine Capital is gearing up for a proxy battle at Lyft, after it nominated two directors to…
Ford Motor may hike prices if Trump’s auto tariffs persist, memo says
By Kalea Hall, Nora Eckert and Utkarsh Shetti (Reuters) – Ford Motor may raise prices on its new vehicles if…
Shein, Temu to get pricier as Trump cracks down on cheap imports
(Reuters) -Chinese e-marketplace Temu and fast-fashion retailer Shein will raise prices next week as U.S. President Donald Trump’s sweeping tariffs…
Intel will need license to export AI chips to Chinese clients, FT reports
(Reuters) – American chipmaker Intel has informed Chinese clients it will start needing a license to sell some of its…
US banks maintain steady headcount amid tariff turbulence
(Reuters) – Major U.S. banks kept their staffing levels largely stable in the first quarter, bracing for potential disruption later…
China’s customs administration encourages companies to expand in diverse markets
BEIJING (Reuters) – The head of China’s General Administration of Customs on Tuesday encouraged import and export businesses to rise…
Global electric vehicle sales up 29% in March, researchers find
By Alessandro Parodi (Reuters) – Global sales of electric and plug-in hybrid vehicles rose 29% year-on-year in March, helped by…
Google’s spam policy hit by EU antitrust complaint from German media company
By Foo Yun Chee BRUSSELS (Reuters) – A German media company has complained to EU antitrust regulators following Alphabet unit…