By Nichola Groom (Reuters) – Hundreds of used electric vehicle battery packs are enjoying a second life at a California…
Shuttered South African airline Comair sues Boeing over 737 MAX purchases
By David Shepardson WASHINGTON (Reuters) – A shuttered South African airline sued Boeing Co for fraud over its agreement to…
U.S. trade gap widens in December; deficit highest on record in 2022
By Lucia Mutikani WASHINGTON (Reuters) – The U.S. trade deficit widened in December, reversing half of the prior month’s sharp…
Carlyle welcomes new CEO Schwartz with steep drop in earnings
By Chibuike Oguh NEW YORK (Reuters) -Carlyle Group Inc said on Tuesday that its fourth-quarter distributable earnings tumbled 52% year-on-year,…
Uber to steal a march on Lyft in resurgent rideshare market
(Reuters) – Uber Technologies Inc’s revenue growth is set to outpace that of rival Lyft Inc as the rideshare firm’s…
Exclusive-Rosenstein’s JANA promotes Ostfeld to joint managing partner amid strong returns – letter
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor JANA Partners LLC, which has flexed its muscle at household names…
Canada, Taiwan to begin formal talks to spur foreign investments
By Ismail Shakil and Ben Blanchard OTTAWA/TAIPEI (Reuters) -Canada and Taiwan on Tuesday agreed to start formal negotiations for a…
Spirit Airlines says expects DOJ decision on JetBlue merger in around 30 days
(Reuters) – Spirit Airlines Inc said on Tuesday it expects U.S. antitrust regulators to decide whether to allow the low-cost…
Italy’s CDP sounds out banks, funds on rival bid for TIM grid, sources say
By Elvira Pollina and Giuseppe Fonte MILAN (Reuters) – Italian state lender CDP is sounding out banks that could help…
Explainer-Bard vs ChatGPT: What do we know about Google’s AI chatbot?
(Reuters) – Alphabet Inc and rival Microsoft are once again locked in a race to rule the internet zeitgeist after…