Business
Exclusive-Walt Disney’s Pixar targets ‘Lightyear’ execs among 75 job cuts
By Dawn Chmielewski (Reuters) -Walt Disney’s Pixar Animation Studios has eliminated 75 positions including those of two executives behind box office disappointment…
Business
Biden signs debt limit bill, avoiding U.S. default
By Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden on Saturday signed a bill that suspends the U.S. government’s $31.4 trillion debt ceiling,…
Business
Biden cheers debt ceiling ‘crisis averted’ from Oval Office
By Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden declared a “crisis averted” on Friday in his first address…
Business
J&J secures dismissal of whistleblower case over misuse of confidential info
By Brendan Pierson (Reuters) – A federal appeals court, in a decision unsealed Wednesday, upheld the dismissal of a whistleblower lawsuit against…
Business
Pinduoduo-owner PDD beats quarterly revenue estimates, shares rise
(Reuters) -PDD Holdings Inc beat analysts’ estimates for first-quarter revenue on Friday as more price conscious customers turned to its discount e-commerce…
Tech
Dutch watchdog looking into alleged Tesla data breach
By Riham Alkousaa and Toby Sterling BERLIN/AMSTERDAM (Reuters) – The data protection watchdog for the Netherlands said on Friday it was aware…
Business
Ford strikes deal with Tesla to gain access to rival charging stations starting 2024
By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla Inc to…
Business
China’s Lenovo quarterly revenue hit by PC demand slump
By Josh Ye HONG KONG (Reuters) -Lenovo’s fourth quarter revenue fell 24% and it cut 8% to 9% of its workforce, the…
Business
Exclusive-US lawmaker demands action against Chinese chip firm CXMT after Micron
By Stephen Nellis and Karen Freifeld WASHINGTON (Reuters) -The U.S. Commerce Department should put trade curbs on Chinese memory chip maker Changxin…
Business
Biden and McCarthy to meet on Monday as debt ceiling talks resume
By David Morgan, Jeff Mason and Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden and House Republican Speaker Kevin McCarthy will meet…