(Reuters) -Tesla is hiring more than a thousand new workers in Nevada as the electric vehicle maker looks to ramp up mass production of its much-delayed Semi trucks, Business Insider reported on Tuesday, citing people familiar with the matter. On Monday, Tesla released a video on YouTube announcing that the first units of its electric…
RIO DE JANEIRO (Reuters) – Foreign ministers from the BRICS group of developing nations failed to reach a joint communique on Tuesday after meeting in Rio de Janeiro, but chair Brazil issued a statement speaking out against trade protectionism. In the statement, Brazil said the group’s foreign ministers expressed “serious concern at the prospect of…
By Karen Freifeld NEW YORK (Reuters) -The Trump administration is working on changes to a Biden-era rule that would limit global access to AI chips, including possibly doing away with its splitting the world into tiers that help determine how many advanced semiconductors a country can obtain, three sources familiar with the matter said. The…
By Keith Weir and Alexandra Hudson VATICAN CITY (Reuters) – Pope Francis’ funeral brought world leaders, monarchs, and hundreds of thousands of people to Rome on Saturday to bid him farewell in a ceremony of breathtaking spectacle that offered age-old Catholic funeral rites and touching moments of personal grief. Sixteen Reuters photographers, some inside St….
(Reuters) – Barclays lowered its Brent crude forecast on Monday by $4 to $70 a barrel for 2025 and set its 2026 estimate at $62/b, citing “a rocky road ahead for fundamentals” amid escalating trade tensions and OPEC+’s pivot in its production strategy. Despite oil market fundamentals evolving “significantly better than expected” in early 2025,…
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….
