By Stephen Nellis SAN FRANCISCO (Reuters) -A startup founded by U.S. Navy veterans aiming to help the U.S. military use…
Category: Business
Tesla beats Chinese rivals in some driving assisted tests, say China state media, Bytedance
BEIJING (Reuters) -Billionaire Elon Musk’s Tesla outperformed Chinese rivals including BYD, Xiaomi and Huawei in a test of assisted driving…
Citigroup’s head of energy transition decamps for Moelis role, sources say
By Isla Binnie and Svea Herbst-Bayliss NEW YORK (Reuters) -Citigroup’s global head of clean energy transition investment banking is leaving…
Gold miner Newmont’s quarterly profit beats estimates as bullion rallies
(Reuters) -Newmont surpassed Wall Street expectations for second-quarter profit as the world’s top gold miner benefited from a rally in…
Video-sharing app Vine is returning ‘in AI form’, Musk says
(Reuters) -Elon Musk’s social media company X is bringing back popular video-sharing platform Vine in “AI form”, the billionaire tech-entrepreneur…
Amazon faces UK lawsuits worth up to $5.4 billion from retailers, consumers
LONDON (Reuters) -Amazon faces two mass lawsuits from retailers and consumers worth up to 4 billion pounds ($5.4 billion) for…
McGraw Hill valued at $3.25 billion as shares open flat in underwhelming debut
By Pritam Biswas (Reuters) -U.S. publisher McGraw Hill was valued at $3.25 billion as its shares opened at par in…
Mattel cuts 2025 forecast after two-month pause, hurt by tariff uncertainties
By Savyata Mishra (Reuters) -Toymaker Mattel cut its annual forecast, reinstating it after two months, and posted a sharp drop…
NextEra beats quarterly profit estimates on massive power demand
(Reuters) -NextEra Energy beat Wall Street estimates for second-quarter adjusted profit on Wednesday, boosted by robust growth in its renewables…
Chipotle cuts sales target as dining out slows; shares drop
(Reuters) -Chipotle Mexican Grill on Wednesday lowered its annual sales growth target again and missed quarterly sales estimates as economic…