By Arriana McLymore, Greg Bensinger NEW YORK (Reuters) -Amazon’s Prime Day is losing its luster among a critical group: sellers. Some third-party merchants who previously sold China-made goods during Amazon’s premier July shopping event are sitting it out this year or reducing the amount of discounted merchandise they offer. The planned pullback, which hasn’t been…
By David Shepardson WASHINGTON (Reuters) – Major automakers want Congress to bar California’s landmark plan to end the sale of gasoline-only vehicles by 2035 that has been adopted by 11 other states, warning the rules could begin impacting vehicle shipments in a few months. The U.S. House of Representatives will vote later this week on…
By David Shepardson (Reuters) -The California Department of Motor Vehicles said Friday it is proposing to allow testing of self-driving heavy-duty trucks and other large vehicles on state public roads. California currently allows self-driving light-duty passenger vehicles for testing on public roads but not heavy-duty vehicles weighing more than 10,001 pounds, which manufacturers are testing…
By Karen Freifeld (Reuters) – President Donald Trump’s nominee for NASA administrator, Jared Isaacman, was arrested on fraud charges in 2010 and faced lawsuits in two states for writing $2 million in bad checks to casinos, according to government records and court filings. Isaacman is a billionaire pilot and astronaut who founded Shift4 Payments company…
By Lewis Krauskopf NEW YORK (Reuters) -A packed upcoming week for markets will test a U.S. stocks rebound, with investors focused on a wave of corporate results led by Apple and Microsoft, while the prospect of global trade developments threatens to cause volatility at any time. The monthly U.S. employment report, data on first-quarter U.S….
(Reuters) -President Donald Trump’s administration aims to cut billions of dollars from programs that support child care, health research, education and housing in its fiscal 2026 budget proposal, the New York Times reported on Friday. The plan would also hit community development and housing assistance and is being finalized by the White House’s Office of…
(Reuters) -Facebook owner Meta Platforms is laying off an unspecified number of employees from its Reality Labs division amid ongoing restructuring efforts, the company said on Thursday. The job cuts affect teams within Oculus Studios, Meta’s in-house game development arm for Quest virtual reality headsets. Employees working on titles such as Supernatural, a VR fitness…
By Aditya Kalra, Aditi Shah and Abhijith Ganapavaram NEW DELHI (Reuters) -Air India is in talks with U.S. planemaker Boeing to acquire around 10 737 MAX jets after Chinese customers started rejecting deliveries amid a trade war with the United States, two people familiar with the discussions told Reuters. Boeing CEO Kelly Ortberg said on…
By David Shepardson WASHINGTON (Reuters) – The U.S. Attorney’s Office in Manhattan apologized on Thursday for accidentally filing an internal government letter that cast significant doubt on the Transportation Department’s effort to kill New York’s congestion pricing program in New York. Lawyers for the office late Wednesday erroneously filed an April 11 letter that said…
By Sarah N. Lynch and Peter Eisler WASHINGTON (Reuters) -The U.S. Justice Department is terminating grants totaling $811 million for a wide range of services to crime victims, including trauma recovery centers and sign language interpretation, two sources familiar with the matter told Reuters. The grants were worth $811 million when awarded, a total reported…
