Prominent investors rekindle affection for Amazon in Q2 as stock price jumps
By Svea Herbst-Bayliss NEW YORK (Reuters) – Several prominent investors including hedge fund Baupost Group...
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Ford exec expects software to boost revenue for commercial trucks, vans
By Paul Lienert (Reuters) – Ford Motor expects to incorporate more and better software into...
Verizon to raise prices again
(This Aug. 9 story has been corrected to rectify the details on price increases for...
Metal Markets
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Exclusive-China’s Nanfang to open major copper smelter ahead of expectations
By Julian Luk LONDON (Reuters) – China’s largest private copper producer Nanfang Nonferrous is due...
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Disney creates task force to explore AI and cut costs -sources
By Dawn Chmielewski and Krystal Hu (Reuters) – Walt Disney has created a task force...
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Disney hikes streaming prices, focuses on costs as Iger moves to reassure investors
By Dawn Chmielewski (Reuters) -Walt Disney CEO Bob Iger acknowledged that the entertainment company faces...
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Norfolk Southern agrees to boost safety at Ohio derailment site, US says
By David Shepardson WASHINGTON (Reuters) – Norfolk Southern Corp has agreed to improve conditions for...
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Piedmont Lithium’s plans to supply Tesla face skeptical North Carolina officials
By Ernest Scheyder (Reuters) -Piedmont Lithium on Tuesday drew skepticism and anger at a meeting...
Nvidia launches new AI chip configuration
By Max A. Cherney (Reuters) – Nvidia announced a new configuration on Tuesday for its...
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Lucid sticks to production goal, has enough cash for electric SUV next year
By Akash Sriram and Abhirup Roy (Reuters) -Luxury electric vehicle maker Lucid stuck to its...