By Svea Herbst-Bayliss and Arsheeya Bajwa (Reuters) -Hedge fund Elliott Investment Management has built a stake of more than $1.5…
Category: Business
Lucid says it is on track to enter midsize electric SUV market next year
By Abhirup Roy and Akash Sriram (Reuters) – Lucid is on track to launch its midsize electric SUV in 2026,…
Comcast unveils five-year internet price lock to stem broadband losses
(Reuters) – Comcast unveiled a five-year price lock for its Xfinity Internet service on Tuesday, aiming to stem subscriber losses…
Google’s spam policy hit by EU antitrust complaint from German media company
By Foo Yun Chee BRUSSELS (Reuters) – A German media company has complained to EU antitrust regulators following Alphabet unit…
OpenAI launches new GPT-4.1 models with improved coding, long context comprehension
(Reuters) – OpenAI on Monday launched its new AI model GPT-4.1, along with smaller versions GPT-4.1 mini and GPT-4.1 nano,…
US regulators deny rehearing on co-located Amazon data center energy pact
By Laila Kearney NEW YORK (Reuters) – U.S. energy regulators this week denied a request to reconsider a decision that…
Foreign investors dump $6.5 billion of U.S. equities in a week
LONDON (Reuters) – Foreign investors dumped $6.5 billion of U.S. equities in the five trading sessions ending Wednesday, BofA Global…
Oil advocate withdraws nomination to lead US land bureau
By Nichola Groom (Reuters) -Oil industry lobbyist Kathleen Sgamma has withdrawn herself from consideration to lead the U.S. Bureau of…
CarMax boosts newer pre-owned car inventory as tariffs impact buying trends
By Nathan Gomes (Reuters) -CarMax is expanding its inventory of newer pre-owned vehicles, as U.S. President Donald Trump’s latest tariffs…
Gold hits record high as US-China trade war intensifies, dollar weakens
By Brijesh Patel and Anmol Choubey (Reuters) – Gold prices jumped nearly 3% to an all-time high on Thursday, as…