(Reuters) -The U.S. securities regulator is investigating Elon Musk’s role in shaping EV maker Tesla’s self-driving claims, Bloomberg News reported…
EV maker Lucid surges on report Saudi PIF to buy remaining stake
(Reuters) -Lucid Group’s shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment…
Dozen hedge funds eye bonanza as Rogers-Shaw deal nears close
By Maiya Keidan and Nell Mackenzie TORONTO/LONDON (Reuters) – As one of Canada’s most bitterly contested acquisitions nears the finish…
Intel’s ‘historic collapse’ erases $8 billion from market value
By Aditya Soni and Nivedita Balu (Reuters) – Intel Corp saw about $8 billion wiped off its market value on…
U.S. secures deal with Netherlands, Japan on China chip export limit – Bloomberg
WASHINGTON (Reuters) – The United States has secured a deal with the Netherlands and Japan to restrict exports of some…
Analysis-Google faces greater threat of forced ad unit sale from U.S. lawsuit
By Jack Queen and Mike Scarcella (Reuters) – The U.S. government is more likely to force Google to divest a…
U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed
By Hannah Lang (Reuters) -The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank’s application to become a member of…
Dutch PM Rutte: may not disclose result of U.S. chip export control talks
AMSTERDAM (Reuters) – The Netherlands’ Prime Minister Mark Rutte said on Friday that it is not clear whether his government…
Salesforce appoints new board directors amid activist investor pressure
By Svea Herbst-Bayliss (Reuters) – Salesforce Inc on Friday named three new board directors, including the chief of hedge fund…
Tesla, insurers take different paths to deal with expensive repairs
By Paul Lienert (Reuters) – Tesla Inc’s electric vehicles are expensive to repair – so much so that the automaker…