WASHINGTON (Reuters) – The United States is not in a recession, White House chief of staff Ron Klain said on…
Stripe to lay off 14% of employees
(Reuters) – Stripe Inc is cutting its headcount by around 14%, the digital payments processing giant said in a blog…
Central banks stay firmly in rate hike mode but slowdown on cards
LONDON (Reuters) – The United States, Australia, Britain and Norway have all raised interest rates this week in the latest…
Runwise raises $19 million to improve buildings’ energy efficiency
By Juliette Portala (Reuters) – U.S.-based building technology firm Runwise said on Thursday it had raised $19 million in a…
U.S. productivity rebounds moderately in third quarter
WASHINGTON (Reuters) – U.S. worker productivity rebounded less than expected in the third quarter, resulting in continued upward pressure on…
Tesla ships 71,704 China-made EVs in October – CPCA
(Reuters) – Tesla Inc delivered 71,704 China-made electric vehicles (EVs) in October, down 14% from a record high in the…
U.S. trade deficit widens in September
WASHINGTON(Reuters) – The U.S. trade deficit widened sharply in September, likely as a strong dollar and softening global demand weighed…
Exclusive-Airbnb faces light-touch regulation under EU plan -sources
By Foo Yun Chee BRUSSELS (Reuters) – The European Commission will propose light-touch rules for Airbnb and other short-term home…
Europe leans on Asia for ‘homegrown’ EV batteries
By Nick Carey and Victoria Waldersee LONDON/BERLIN (Reuters) – Europe’s drive to build a homegrown electric vehicle battery industry is…
Carlyle backs solar developer Aspen Power with $350 million investment
By Chibuike Oguh and Simon Jessop NEW YORK (Reuters) – Private equity firm Carlyle Group Inc said on Thursday it…