By Simon Lewis and Michael Martina WASHINGTON (Reuters) – The U.S. is prepared to act against Chinese companies supporting Russia’s…
Tesla cuts US prices of Models Y, X, S by $2,000
By Nilutpal Timsina (Reuters) – Tesla cut the U.S. prices of its Model Y, Model X and Model S vehicles…
Lululemon to shutter Washington distribution center, lay off 128 employees
(Reuters) -Lululemon Athletica will close its distribution center in the state of Washington at the end of the year and…
US House advances $95 billion Ukraine-Israel package toward Saturday vote
By Makini Brice and Moira Warburton WASHINGTON (Reuters) – The U.S. House of Representatives advanced a $95 billion legislative package…
Nike to lay off 740 employees at Oregon headquarters
(Reuters) – Nike will lay off about 740 employees at its world headquarters in Oregon, a letter showed on Friday,…
UnitedHealth CEO to testify before US House panel on cyberattack at tech unit
(Reuters) – UnitedHealth CEO Andrew Witty will testify before a U.S. House subcommittee on May 1 about a recent cyberattack…
Stellantis to recall over 38,000 vehicles on potential airbag deployment issues
(This March 20 story has been corrected to say Stellantis, not Chrysler, is recalling vehicles in the headline and paragraph…
AmEx surpasses profit estimate; focus turns to small-business strategy
By Mehnaz Yasmin and Niket Nishant (Reuters) -American Express’s first-quarter profit vaulted past estimates on Friday thanks to its affluent…
Rivian cuts 1% of workforce in second round of layoffs this year
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1%…
Google consolidates its DeepMind and Research teams amid AI push
(Reuters) – Alphabet-owned Google said on Thursday it would consolidate teams that focus on building artificial intelligence models across its…