Tesla warns of slowing growth before new model launch next year
By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla expects to start production of its next-generation electric vehicle at its Texas…
Category: Business
S&P 500 ekes out another record high as Netflix and chipmakers leap
By Noel Randewich and Johann M Cherian (Reuters) -The S&P 500 climbed to its fourth straight record high close on…
IBM forecasts annual revenue growth above estimates on AI adoption rush
By Arsheeya Bajwa (Reuters) -IBM forecast full-year revenue growth above market estimates on Wednesday, banking on stable demand for its…
Watchdog flags conflict of interest issue in ex-Fed bank presidents’ trading
(This Jan. 22 story has been corrected to clarify that the trading activity was disclosed after the fact, in paragraph…
Nvidia, Equinix team up to offer AI supercomputers to businesses
By Stephen Nellis SAN FRANCISCO (Reuters) – Data center operator Equinix and Nvidia said on Wednesday they had partnered up…
Ford recalls 2.24 million Ford Explorer SUVs over trim-retention clips
By David Shepardson WASHINGTON (Reuters) -Ford Motor said Wednesday it was recalling 2.24 million older Explorer sport utility vehicles worldwide…
China cuts bank reserves to defend markets, spur growth
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China’s central bank announced a deep cut to bank reserves on Wednesday,…
Netflix hits fourth-quarter subscriber record, fueled by ‘The Crown’ and ‘The Killer’
By Dawn Chmielewski (Reuters) -Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a…
Stocks gain slightly, dollar rises against yen after BoJ decision
By Sinéad Carew and Amanda Cooper NEW YORK/LONDON (Reuters) -MSCI’S global equities index gained very slightly as investors digested a…
Oil prices settle down slightly on more supply in US and abroad
By Laila Kearney NEW YORK (Reuters) -Oil prices settled lower on Tuesday as traders focused on rebounding crude output in…