By Nora Eckert LOUISVILLE (Reuters) -Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said on Monday, as it aspires to the cost efficiency of Chinese rivals. The new midsize four-door pickup will be assembled…
By Anirban Sen and Carolina Mandl NEW YORK (Reuters) -Monthly U.S. inflation data is under increased scrutiny after President Donald Trump removed the head of the U.S. Bureau of Labor Statistics, a move that could undermine confidence in the $2.1-trillion market for Treasury debt designed to protect against inflation. The Consumer Price Index, which will…
By Dan Levine and Deena Beasley (Reuters) -The U.S. CDC has tightened security following an attack Friday on its Atlanta headquarters that left a police officer and the gunman dead, including having employees work from home on Monday and removing vehicle decals showing where they work. The union representing workers at the U.S. Centers for…
(Reuters) -Upcoming streaming services of ESPN and Fox will be bundled for $39.99 per month starting October 2, the companies said on Monday, offering sports fans a wide range of major events including the NFL and NBA at a discounted rate. The bundle is the first significant deal involving major sports rights holders after Disney,…
By Anna Tong SAN FRANCISCO (Reuters) -OpenAI launched on Thursday its GPT-5 artificial intelligence model, the highly anticipated latest installment of a technology that has helped transform global business and culture. OpenAI’s GPT models are the AI technology that powers the popular ChatGPT chatbot, and GPT-5 will be available to all 700 million ChatGPT users,…
By Jeff Mason and Isla Binnie WASHINGTON (Reuters) -U.S. President Donald Trump signed an executive order on Thursday that aims to allow private equity, real estate, cryptocurrency, and other alternative assets in 401(k) retirement accounts. The order smoothes the way for private equity and other fund managers to tap into trillions of dollars of Americans’…
By Melanie Burton MELBOURNE (Reuters) -So far this earnings season, large miners are paying out their lowest dividends in years, as mineral prices slip and they need to retain cash for their massive development projects, while trying to keep a lid on costs. Rio Tinto, Anglo American and Glencore have all reported lower half year…
By Aishwarya Jain and Doyinsola Oladipo (Reuters) -Airbnb on Wednesday forecast weaker growth for the rest of the year, with the company blaming the trend on tough comparisons with the year-ago period when strong bookings in Asia and Latin America had boosted earnings. Shares of the vacation rentals company fell more than 6% after the…
By Manoj Kumar and Sarita Chaganti Singh (Reuters) -Indian Prime Minister Narendra Modi said on Thursday he will not compromise the interests of the country’s farmers even if he has to pay a heavy price for it, in his first comments after U.S. President Donald Trump’s salvo of a 50% tariff on Indian goods. Trump announced…
-Deutsche Telekom reported second quarter core profit in line with analyst expectations on Thursday, citing continued growth in both Germany and the U.S., and edged up its full-year profit guidance. The Germany-based telecoms giant reported second quarter adjusted earnings before interest, taxes and amortization after leases (EBITDA AL) of 11 billion euros ($13 billion), compared…
