By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department announced on Friday it is awarding $703 million for 41…
Wall Street asks if Musk can manage Twitter, Tesla and more
(Reuters) – As the dust settles on Elon Musk’s $44 billion buyout of Twitter, analysts and investors are debating one…
Italian court suspends decision on Amazon’s record fine appeal
ROME (Reuters) – An Italian court has suspended a decision on a request by e-commerce giant Amazon to annul a…
Two senators ‘encouraged’ by U.S. Tesla criminal probe report
By David Shepardson WASHINGTON (Reuters) – Two Democratic U.S. senators said they are “encouraged” by a reported criminal probe by…
Factbox-Elon Musk ends Twitter fight but faces other legal headaches
By Tom Hals (Reuters) – Elon Musk was forced through a months-long court battle to buy Twitter on Thursday, but…
Fed pivot not on horizon even as over-tightening risks loom- strategists
By Anisha Sircar, Lisa Pauline Mattackal and Divya Chowdhury (Reuters) – There is a greater chance of the U.S. Federal…
Trump stands by his own platform as Musk takes over Twitter
WASHINGTON (Reuters) -Donald Trump on Friday said he plans to make use of his own Truth Social media platform despite…
India expects Musk’s Twitter to comply with new local rules
By Krishna N. Das NEW DELHI (Reuters) -Elon Musk’s takeover of Twitter Inc will not change India’s expectation that it…
Rise in U.S. consumer spending beats expectations; wage inflation slows
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending rose more than expected in September while underlying inflation pressures continued…
Analysis-Top central bankers fear breaking economy if they raise rates too fast
By Francesco Canepa FRANKFURT (Reuters) – The world’s top central bankers are beginning to fear that an already weak global…