Tesla misses estimates for third-quarter deliveries on stiff competition
By Akash Sriram (Reuters) -Tesla handed over fewer vehicles than analysts expected in the third quarter as stiff competition in…
2024
US to award up to $100 million to boost use of AI for semiconductor materials
WASHINGTON (Reuters) – The U.S. Commerce Department said Wednesday it plans to award $100 million to boost the use of…
OpenAI introduces new tools for developers to fast-track building of AI models
(Reuters) – OpenAI unveiled a host of new tools on Tuesday that would make it easier for developers to build…
Peloton beats shareholder lawsuit over post-pandemic financial forecasts
By Jonathan Stempel NEW YORK (Reuters) – Peloton Interactive won dismissal of a lawsuit claiming it defrauded shareholders by concealing…
US issues $2 billion electric vehicle tax rebates since Jan 1, Treasury says
By David Shepardson WASHINGTON (Reuters) – The U.S. government has issued $2 billion in advance point-of-sale consumer electric vehicle (EV)…
Biden directed US military to help Israel shoot down Iranian missiles, White House says
WASHINGTON (Reuters) – President Joe Biden has directed the U.S. military to aid Israel’s defense against Iranian attacks and shoot…
Platinum Equity’s Ingram Micro makes US IPO filing public
(Reuters) -Ingram Micro made public its U.S. IPO filing on Monday, more than two years after the private-equity backed electronics…
US oil demand grew to highest seasonal level since 2019 in July, EIA data shows
NEW YORK (Reuters) -U.S. oil demand rose in July to the highest seasonal level since 2019 while output declined for…
GM’s Cruise self-driving unit to pay $1.5 million fine over crash disclosure
By David Shepardson WASHINGTON (Reuters) -The National Highway Traffic Safety Administration said on Monday that General Motors’ self-driving car unit…
US FTC allows Chevron-Hess deal, bars John Hess from board
By Jody Godoy NEW YORK (Reuters) -The U.S. Federal Trade Commission allowed Chevron’s $53 billion purchase of Hess Corp on…