Ericsson shares fall after another $1 billion Vonage impairment charge
By Supantha Mukherjee STOCKHOLM (Reuters) – Telecom equipment maker Ericsson has recorded another billion-dollar impairment...
2024
Tesla cars for first time on Chinese government purchase list
SHANGHAI (Reuters) – Tesla’s best-selling Model Y was included in a list of electric and...
Trump allies intensify Harris attacks as Biden replacement talk builds
By Nathan Layne, Tim Reid, Alexandra Ulmer and James Oliphant WASHINGTON (Reuters) – Donald Trump’s...
China’s BYD opens EV factory in Thailand, first in Southeast Asia
RAYONG, Thailand (Reuters) – China’s BYD opened its first electric vehicle plant in Thailand on...
Saks owner to buy Neiman Marcus with help from Amazon, WSJ reports
(Reuters) -The parent of Saks Fifth Avenue sealed a $2.65 billion deal to buy rival...
Amazon to wind down its Astro for Business security robot
(Reuters) -Amazon.com said on Wednesday it would discontinue its security robot, Astro for Business, for...
White House denies report that Biden is weighing whether to stay in election race
By Ismail Shakil and Katharine Jackson WASHINGTON (Reuters) -The White House dismissed as “absolutely false”...
Walmart must face lawsuit over deceptive pricing in stores
By Jonathan Stempel (Reuters) – Walmart must face a lawsuit claiming it often charges higher...
Toyota’s Q2 US auto sales up 9% on SUV demand
(Reuters) – Toyota Motor North America posted an about 9.2% rise in second-quarter U.S. auto...
US to block Tempur Sealy’s $4 billion buy of retailer Mattress Firm
By Jody Godoy (Reuters) -The U.S. Federal Trade Commission is preparing to sue to block...