Business
Musk tells rivals Tesla will put growth ahead of profit
By Akash Sriram and Hyunjoo Jin (Reuters) – Tesla Inc on Wednesday posted its lowest quarterly gross margin in two years, missing…
Business
AI companies ask U.S. court to dismiss artists’ copyright lawsuit
By Blake Brittain (Reuters) – Stability AI, Midjourney, and DeviantArt fired back Tuesday at a group of artists who accused them of…
Business
Fed’s Goolsbee says he is watching for other ‘credit shoes’ to drop
(Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee said on Wednesday that after the failure of two large regional Fed banks…
Business
Biden’s push for electric vehicles hits deep in the heart of Texas
By Norihiko Shirouzu and Joseph White SAN ANTONIO, Texas (Reuters) – At Toyota Motor Corp’s sprawling factory here, just 16 miles (26…
Business
Futures retreat as Treasury yields rise, Tesla slides
(Reuters) – U.S. stock index futures fell on Wednesday as Treasury yields rose on expectations the Federal Reserve could keep interest rates…
Business
UK inflation, highest in western Europe, falls only a little in March
By Andy Bruce and David Milliken LONDON (Reuters) – Britain was the only country in western Europe with double-digit inflation in March…
Business
TSMC seeks up to $15 billion from US but objects to certain conditions- WSJ
(Reuters) -Taiwan Semiconductor Manufacturing Co Ltd is pushing back on some of the conditions the United States has attached to chip-factory subsidies…
Business
Western Alliance deposits stabilize, profits beat, shares rise after hours
(Reuters) -Western Alliance Bancorp on Tuesday posted profits that surpassed estimates and said its deposits stabilized after the March banking crisis, news that…
Business
J&J talc unit asks judge to halt cancer lawsuits as it pursues $8.9 billion settlement
By Dietrich Knauth (Reuters) -A Johnson & Johnson subsidiary is again asking a U.S. judge to pause tens of thousands of lawsuits…