Reuters

U.S. oil stocks at Cushing delivery hub hit 2-year peak

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U.S. oil stocks at Cushing delivery hub hit 2-year peak

Reuters June 22, 2023

By Stephanie Kelly and Nia Williams NEW YORK (Reuters) – U.S. crude oil inventories at the Cushing,...

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Amazon duped millions of consumers into enrolling in Prime, US FTC says

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Amazon duped millions of consumers into enrolling in Prime, US FTC says

Reuters June 21, 2023

By David Shepardson WASHINGTON (Reuters) -The U.S. Federal Trade Commission on Wednesday accused Amazon.com of enrolling millions...

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Stocks fall as Powell says inflation fight not over

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Stocks fall as Powell says inflation fight not over

Reuters June 21, 2023

By Caroline Valetkevitch NEW YORK (Reuters) – Global stock indexes fell on Wednesday as Federal Reserve Chair...

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Intelsat, SES end talks on $10 billion merger – Bloomberg News

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Intelsat, SES end talks on $10 billion merger – Bloomberg News

Reuters June 21, 2023

(Reuters) – Intelsat SA has ended negotiations to combine with SES SA as it was not able...

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Wall Street ends lower, pausing rally as Powell testimony looms

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Wall Street ends lower, pausing rally as Powell testimony looms

Reuters June 21, 2023

By Stephen Culp NEW YORK (Reuters) – U.S. stocks softened on Tuesday, closing in negative territory as...

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China unveils $72 billion tax break for EVs, other green cars to spur demand

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China unveils $72 billion tax break for EVs, other green cars to spur demand

Reuters June 21, 2023

By Qiaoyi Li and Liz Lee BEIJING/SHANGHAI (Reuters) -China unveiled on Wednesday a 520 billion yuan ($72.3...

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Rivian to adopt Tesla’s charging standard in EVs and chargers

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Rivian to adopt Tesla’s charging standard in EVs and chargers

Reuters June 20, 2023

By Abhirup Roy SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Tuesday it will adopt Tesla’s...

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Inside China’s underground market for high-end Nvidia AI chips

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Inside China’s underground market for high-end Nvidia AI chips

Reuters June 20, 2023

By Josh Ye, David Kirton and Chen Lin HONG KONG/SHENZHEN, China (Reuters) – Psst! Where can a...

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GM investing $920 million in Ohio diesel engine plant

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GM investing $920 million in Ohio diesel engine plant

Reuters June 20, 2023

By David Shepardson WASHINGTON (Reuters) – General Motors on Tuesday said it was investing $920 million to...

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Binance, SEC strike deal to keep US customer assets in country

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Binance, SEC strike deal to keep US customer assets in country

Reuters June 20, 2023

By Baranjot Kaur and Akanksha Khushi (Reuters) -Binance, the world’s biggest cryptocurrency exchange, and Binance.US have entered...

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