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Category: Business

Tesla jumps as possible tariff leeway, lower share price draw investors
Business

Tesla jumps as possible tariff leeway, lower share price draw investors

By Deborah Mary Sophia and Akash Sriram (Reuters) -Tesla shares surged 10% on Monday after this year’s steep decline following…

Apple is welcome to expand investment in China, commerce minister tells CEO
Business

Apple is welcome to expand investment in China, commerce minister tells CEO

BEIJING (Reuters) – China’s commerce minister told Apple CEO Tim Cook on Monday that the company is welcome to expand…

US oil and gas rigs rise for first time in three weeks, Baker Hughes says
Business

US oil and gas rigs rise for first time in three weeks, Baker Hughes says

By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time…

Apple losing over $1 billion a year on streaming service, the Information reports
Business

Apple losing over $1 billion a year on streaming service, the Information reports

(Reuters) -Apple is losing more than $1 billion a year on its streaming service, the Information reported on Thursday, citing…

Tesla recalls most Cybertrucks due to trim detaching from vehicle
Business

Tesla recalls most Cybertrucks due to trim detaching from vehicle

By David Shepardson, Arsheeya Bajwa and Akash Sriram WASHINGTON (Reuters) -Tesla is recalling nearly all Cybertrucks in the United States…

Eli Lilly launches weight-loss drug Mounjaro in India, beats Novo Nordisk to major market
Business

Eli Lilly launches weight-loss drug Mounjaro in India, beats Novo Nordisk to major market

By Rishika Sadam HYDERABAD (Reuters) -Eli Lilly launched its blockbuster diabetes and weight-loss drug Mounjaro in India on Thursday, beating…

Amazon loses court fight against record $812 million Luxembourg privacy fine
Business

Amazon loses court fight against record $812 million Luxembourg privacy fine

By Foo Yun Chee BRUSSELS (Reuters) – Amazon lost its fight against a record 746 million euro ($812.4 million) fine…

Nvidia, Musk’s xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure
Business

Nvidia, Musk’s xAI to join Microsoft, BlackRock and MGX to develop AI infrastructure

(Reuters) -Nvidia and Elon Musk’s xAI have joined a consortium backed by Microsoft, investment fund MGX and BlackRock to expand…

Automakers, tech industry urge Trump to speed self-driving car deployment
Business

Automakers, tech industry urge Trump to speed self-driving car deployment

By David Shepardson WASHINGTON (Reuters) – Major automakers and tech groups on Tuesday called on the Trump administration to take…

Adobe rolls out AI agents for online marketing tools 
Business

Adobe rolls out AI agents for online marketing tools 

By Stephen Nellis SAN FRANCISCO (Reuters) – Adobe on Tuesday said it is rolling out artificial intelligence “agents” that brands…

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