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Business

Indexes fall, led by Nasdaq, as inflation data offers little relief to investors

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 11, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register US consumer prices slow in April; inflation still high Coinbase falls on Q1 revenue slump, net loss Indexes: Dow down 0.1%, S&P down 0.6%, […]

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Business

EXCLUSIVE Google paying more than 300 EU publishers for news, more to come

BRUSSELS, May 11 (Reuters) – Alphabet (GOOGL.O) unit Google has signed deals to pay more than 300 publishers in Germany, France and four other EU countries for their news and will roll out a tool to make it easier for others to sign up too, the company told Reuters. The move to be announced publicly […]

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Business

Tesla exports first cars from Shanghai since reopening plant – average

A Tesla sign is seen at its factory in Shanghai, China, May 13, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register SHANGHAI, May 11 (Reuters) – Tesla Inc (TSLA.O) on Wednesday made its first exports from China since reopening its Shanghai factory on April 19, as a shipment of 4,767 cars […]

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Mobile

Court says Musk recklessly tweeted that ‘funding secured’ for taking Tesla private

SAN FRANCISCO, May 10 (Reuters) – A court said that Elon Musk’s 2018 tweets that funding was secured to take Tesla private was inaccurate and reckless, saying “there was nothing concrete” about financing from Saudi Arabia’s sovereign wealth fund at that time. The decision by US District Judge Edward Chen of San Francisco is a […]

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Mobile

Microsoft to help cover US employees’ travel costs for abortion

May 9 (Reuters) – Microsoft Corp (MSFT.O) said on Monday that it would extend its abortion and gender affirming care services for employees in the United States to include travel expense assistance. Several companies, including Yelp Inc (YELP.N), Citigroup (CN), Levi Strauss & Co (LEVI.N), and Amazon.com Inc (AMZN.O), have already pledged to cover costs […]

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Business

Musk says he would reverse Twitter ban on Donald Trump

May 10 (Reuters) – Billionaire Elon Musk said on Tuesday he would reverse Twitter’s ban on former US President Donald Trump when he buys the social media platform, the clearest signal yet of Musk’s intention to cut moderation of the site. Musk, the world’s richest person and chief executive of electric vehicle maker Tesla Inc […]

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Markets

Intel launches new AI chips, challenging Nvidia’s market

Visitors are seen at the Intel booth during the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. Picture taken July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register JERUSALEM/SAN FRANCISCO, May 10 (Reuters) – Intel Corp (INTC.O) on Tuesday launched a new […]

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Mobile

‘Taking the pistachio’ – Tesco rapped by watchdog over mobile phone ads

A general view of Tesco Extra store, in Warrington, Britain, January 13, 2022. REUTERS/Jason Cairnduff Register now for FREE unlimited access to Reuters.com Register LONDON, May 11 (Reuters) – Britain’s advertising regulator has banned five adverts for Tesco’s (TSCO.L) mobile phone business, saying its use of the words “shiitake” and “pistachio” alluded to expletives and […]

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Economy

Ukraine to halt key Russian gas transit to Europe, blames Moscow

Gas pipelines are pictured at the Atamanskaya compressor station, facility of Gazprom’s Power Of Siberia project outside the far eastern town of Svobodny, in Amur region, Russia November 29, 2019. REUTERS/Maxim Shemetov. Register now for FREE unlimited access to Reuters.com Register KYIV/LONDON, May 10 (Reuters) – Ukraine said on Tuesday it would suspend the flow […]

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Business

S&P 500, Nasdaq end up but investors cautious before inflation data

A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 9, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register All eyes on US CPI data on Wednesday Peloton falls as CEO says business “thinly capitalized” NEW YORK, May 10 (Reuters) – The […]