Albemarle to cut staff, pause expansions amid falling lithium prices
(Reuters) -Albemarle, the world’s largest lithium producer, said on Wednesday it will cut jobs and defer spending on a U.S.…
Category: Business
Analysis-Musk’s warning about Tesla stake raises governance questions
By Aditya Soni, Akash Sriram and Hyunjoo Jin (Reuters) -Elon Musk’s warning about developing AI and robotics outside Tesla unless…
US judge blocks JetBlue from acquiring Spirit Airlines
By Nate Raymond, David Shepardson and Rajesh Kumar Singh BOSTON (Reuters) -A federal judge on Tuesday blocked JetBlue Airways’ planned…
Three of ‘Big Six’ US banks tap bond market post-earnings
By Matt Tracy (Reuters) -Three of the six largest U.S. banks raised $23.25 billion in new bonds on Tuesday, kicking…
OpenAI team to focus on democratic processes for artificial intelligence software
By Anna Tong SAN FRANCISCO (Reuters) – Artificial intelligence lab OpenAI is forming a new team to create democratic processes…
Daimler Truck sales rise 1% in 2023
(Reuters) -Daimler Truck group sales grew by 1% in 2023 to 526,053 units, the German truck maker said on Monday,…
Goldman Sachs raises 2024 GDP growth forecast to 2.3%
(Reuters) – Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier. “We expect much…
China’s BYD in talks with Brazil’s Sigma Lithium on supply deal -FT
(Reuters) – Chinese electric car-maker BYD has held talks with Brazil’s Sigma Lithium over a possible supply agreement, joint venture…
Alaska Airlines begins preliminary inspections on up to 20 Boeing 737-9 MAX
(Reuters) – Alaska Airlines has begun preliminary inspections on some of its Boeing 737-9 MAX aircrafts this weekend, adding that…
US FAA extends Boeing MAX 9 grounding for new safety checks
By David Shepardson and Allison Lampert WASHINGTON (Reuters) – The U.S. aviation regulator on Friday extended the grounding of Boeing…