SAN FRANCISCO (Reuters) -Electric-vehicle maker Rivian Automotive on Monday reported third-quarter deliveries above market expectations, as it ramped up production…
Cigna Group announces settlement with US on claims it overcharged Medicare Advantage program
WASHINGTON (Reuters) – Health insurer Cigna Group says it has reached a settlement with the United States over claims it…
Samsung to manufacture chips from AI chip startup Tenstorrent
By Max A. Cherney (Reuters) – Samsung’s contract chip manufacturing arm picked up a new artificial intelligence chip customer, a…
Walmart says is streamlining job titles, changes pay for corporate staff
By GursimranKaur Mehar (Reuters) -Walmart on Saturday said that it will streamline job titles across its corporate staff, to ensure…
China says US is the true ’empire of lies’
BEIJING (Reuters) – The United States is the true “empire of lies”, the Chinese foreign ministry said on Saturday, lashing…
GM, Ford chiefs clash with UAW as union expands strikes
By David Shepardson and Joseph White DETROIT (Reuters) – The chief executives of GM and Ford blasted United Auto Workers…
Ford CEO says UAW holding labor deal ‘hostage’ over fate of battery plants
By David Shepardson WASHINGTON (Reuters) – Ford Motor Chief Executive Jim Farley on Friday accused the United Auto Workers union…
Robinhood sees $100 million costs tied to regulatory issues in third quarter
(Reuters) – Robinhood Markets expects a $100-million charge in the third quarter to resolve some legal and regulatory matters that…
Automakers say they face $14 billion in fines from Biden’s ‘unfeasible’ fuel rules
By David Shepardson WASHINGTON (Reuters) – The Biden administration proposal to hike fuel economy standards through 2032 is not feasible…
RBC pumps capital into Californian bank unit City National
By Nivedita Balu and Jaiveer Shekhawat TORONTO (Reuters) -Royal Bank of Canada (RBC) on Friday said it had injected capital…