US proposes $7.54 billion loan to Stellantis, Samsung SDI battery joint venture
By David Shepardson WASHINGTON (Reuters) -The U.S. Energy Department said Monday it is planning to loan up to $7.54 billion…
Category: Business
Bumble CFO to step down next year amid growth challenges
(Reuters) – Bumble said on Monday Anu Subramanian will step down as chief financial officer, effective March 14, 2025. Subramanian,…
Amazon to pilot AI-designed material for carbon removal
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…
BlackRock, Vanguard, State Street sued by Republican states over climate push
By Jonathan Stempel (Reuters) -BlackRock, Vanguard and State Street have been sued by Texas and 10 other Republican-led states, which…
Bitcoin options trade shows more bets on retreat after failing to breach $100,000
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors in the world’s largest cryptocurrency are anticipating a significant downward move after…
Nvidia shows AI model that can modify voices, generate novel sounds
By Stephen Nellis (Reuters) – Nvidia on Monday showed a new artificial intelligence model for generating music and audio that…
Soaring legal fees in snarled Citgo auction rankle companies
By Gary McWilliams and Marianna Parraga HOUSTON (Reuters) – Court advisers have billed nearly $30 million for a stalled auction…
Meta faces April trial in FTC case seeking to unwind Instagram merger
By Jody Godoy NEW YORK (Reuters) – Facebook owner Meta Platforms will face trial in April over the U.S. Federal…
Musk’s Neuralink to launch feasibility trial with brain implant, robotic arm
(Reuters) -Elon Musk’s brain technology startup Neuralink said on Monday it has received approval to launch a new feasibility study…
Procter & Gamble doubles down on China’s TikTok to reverse sales slump
By Jessica DiNapoli NEW YORK (Reuters) – Procter & Gamble has been revamping its marketing and line-up of influencers on…