U.S. forms team to set strategy on flying air taxis
By David Shepardson WASHINGTON (Reuters) -The Biden administration said Tuesday it has…
Business
US homebuilder sentiment rises to 10-month high in May
WASHINGTON (Reuters) - U.S. homebuilder sentiment rose to a 10-month high in May as tight…
AutoNation names Thomas Szlosek as CFO
(Reuters) - AutoNation Inc named Thomas Szlosek as its chief financial officer, effective…
U.S. refiners build new oil processing as travel rises
By Erwin Seba HOUSTON (Reuters) - U.S. oil refiners aim to run at up to 94% of a total…
Mercedes plans new electric van platform, 20% cost cuts by mid-decade
By Nick Carey LONDON (Reuters) - Mercedes-Benz's van unit said on Tuesday that it…
Fed officials expect interest rates to remain high, possibly rise
By Ann Saphir and Howard Schneider -U.S. central bankers on Monday signaled they see…
Macron courts Tesla’s Musk and others to ‘Choose…
By Michel Rose and Tassilo Hummel PARIS (Reuters) -President Emmanuel Macron met…
GM recalls 42,000 vehicles in Canada for air bag defect
By David Shepardson WASHINGTON (Reuters) -General Motors said on Monday it will recall…
Former Silicon Valley Bank CEO says rate hikes, withdrawals sank firm
By Pete Schroeder and Hannah Lang WASHINGTON (Reuters) -Greg Becker, former CEO of failed…
Oil gains over 1%, ends losing streak on tightening supplies
By Shariq Khan BENGALURU (Reuters) -Oil prices rose a dollar a barrel on Monday after…
SpaceX hires former NASA human spaceflight chief for Starship role
By Joey Roulette WASHINGTON (Reuters) - Elon Musk's SpaceX has tapped NASA's…
Goldman fined $7 million by ECB over credit risk reporting
FRANKFURT (Reuters) -The European Central Bank said on Monday it had fined Goldman…
Apple investigated in France over product obsolescence
PARIS (Reuters) - The Paris prosecutor has opened a judicial inquiry into planned…
US Treasury’s Adeyemo dismisses platinum coin to skirt debt…
By David Lawder and Susan Heavey WASHINGTON (Reuters) - The U.S. Deputy Treasury Secretary…
New York factory activity slumps in May – NY Fed
WASHINGTON (Reuters) - The New York Federal Reserve said on Monday its barometer of…
Tesla owners sue over impact of software update on EV batteries
By David Shepardson WASHINGTON (Reuters) - A group of U.S. Tesla Model S and Model X…
Google to pay $8 million to settle claims of deceptive ads -Texas AG
WASHINGTON (Reuters) -Google, a unit of Alphabet, has agreed to pay $8 million to settle…
Global equity funds see 4th week of outflows on slowdown worries
(This May 12 story has been corrected to change the inflation-linked bonds' outflows…
Oil prices fall on stronger dollar, demand fears
By Laura Sanicola NEW YORK (Reuters) - Oil prices settled more than 1% lower on Friday,…
Amid banking woes, faltering US small-caps offer ominous economic sign
By Lewis Krauskopf NEW YORK (Reuters) -A U.S. stocks rally is leaving behind smaller…
Stocks slip as US consumer confidence slumps, dollar gains
By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks…
