By David Shepardson WASHINGTON (Reuters) – Boeing is in discussions with the U.S. Department of Justice to reach a revised plea agreement in a criminal fraud case stemming from the planemaker’s alleged misrepresentations to regulators about a key system on the 737 MAX, company CEO Kelly Ortberg said on Wednesday. Ortberg said at a Senate…
By Zaheer Kachwala, Medha Singh and Suzanne McGee (Reuters) -Shares of conservative news outlet Newsmax soared another 180% on Tuesday, extending their eye-popping gains a day after a stellar debut on the New York Stock Exchange. The stock has been popular with retail investors, remaining the top trending ticker on retail investor-focused social media stocktwits.com…
(Reuters) -Meta Platforms CEO Mark Zuckerberg is lobbying U.S. President Donald Trump and White House officials to agree to a settlement that would prevent the company from facing an antitrust trial later this month, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Meta and its representatives have met with the…
By Lucia Mutikani WASHINGTON (Reuters) -U.S. manufacturing contracted in March after growing for two straight months, while a measure of inflation at the factory gate jumped to the highest level in nearly three years amid rising anxiety over tariffs on imported goods. Anecdotes from the Institute for Supply Management survey on Tuesday offered a gloomy…
MILAN (Reuters) – Tesla’s new car registrations in Italy rebounded sharply in March after a plunge the previous month to stand down 7% year-on-year in the quarter as a whole, data from the Transport Ministry showed on Tuesday. The quarterly number adds to signs that drivers are shunning Elon Musk’s electric vehicle brand as competition…
(Reuters) – Meta Platforms’ head of artificial intelligence research, Joelle Pineau, plans to leave the company, at a time when the tech giant is aggressively investing and competing in the AI space. Pineau, who has been with the company for eight years and has led Meta’s Fundamental AI Research group (FAIR) since 2023, will depart…
(Reuters) -China’s tech and e-commerce giant Alibaba Group is planning to release Qwen 3, an upgraded version of its flagship AI model, as soon as this month, Bloomberg News reported on Tuesday, citing a person familiar with the matter. The new release may arrive later in April, although the exact timing could still change, the…
