Electric-vehicle maker Rivian simplifies output, cuts costs, aiming for first profit
By Abhirup Roy NORMAL, Illinois (Reuters) -Electric-vehicle maker Rivian’s drive to cut costs and turn its first profit has removed…
2024
US aircraft carrier arrives in South Korea for military drills
SEOUL (Reuters) – A nuclear-powered U.S. aircraft carrier, the Theodore Roosevelt, arrived in the South Korean port city of Busan…
Drone attack causes damage to vessel west of Yemen’s Hodeidah
CAIRO (Reuters) – A drone attack caused damage to a merchant vessel 65 nautical miles west of Yemen’s Hodeidah, the…
Apple and Meta have discussed AI partnership, WSJ reports
(Reuters) -Facebook parent Meta Platforms has discussed integrating Meta’s generative AI model into Apple Inc’s recently announced AI system for…
Nvidia to launch in Middle East amid U.S. curbs on AI exports to region, Ooredoo CEO says
By Andrew Mills DOHA (Reuters) – Nvidia has signed a deal to deploy its artificial intelligence technology at data centres…
Biden, Trump prep for presidential debate that will highlight mental fitness
By Nathan Layne and Trevor Hunnicutt (Reuters) – President Joe Biden is hunkered down with aides at Camp David for…
US imposes sanctions on Russia’s AO Kaspersky Lab executives over cyber risks
WASHINGTON (Reuters) – The United States slapped sanctions on 12 people in senior leadership roles at AO Kaspersky Lab on…
S&P, Nasdaq end lower as Nvidia drags the tech sector for second day
By Echo Wang (Reuters) -The S&P 500 and Nasdaq closed marginally lower on Friday, weighed down by a decline in…
Under Armour to pay $434 million to settle 2017 lawsuit
(Reuters) – Under Armour said on Friday it would settle a 2017 shareholder class action lawsuit that accused the apparel…
Tesla tells judge that shareholder vote should reverse Musk pay ruling
By Tom Hals WILMINGTON, Delaware (Reuters) – A Delaware judge should recognize a vote by Tesla shareholders in favor of…