New US jobless claims rise again as labor market cools
By Amina Niasse NEW YORK (Reuters) -The number of Americans filing initial claims for unemployment benefits rose last week, indicating…
Category: Business
Two U.S. senators call for Tesla recalls after Reuters investigation
By Steve Stecklow (Reuters) -Two U.S. senators have written to Elon Musk, Tesla’s top executive, calling on him to “swiftly”…
EV maker VinFast launches first dealership in the US
HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast has launched its first partnership with a U.S.-based dealer, North Carolina-based…
NY Times sues OpenAI, Microsoft for infringing copyrighted works
By Jonathan Stempel NEW YORK (Reuters) -The New York Times sued OpenAI and Microsoft on Wednesday, accusing them of using…
Apple can temporarily sell smartwatches after US appeals court win
By Blake Brittain and Jaspreet Singh (Reuters) -Apple can for now resume sales of its flagship smartwatches, after a U.S.…
Toyota’s global output surges to record in November on strong demand
TOKYO (Reuters) – Toyota Motor’s global production jumped 11% in November to a record level, bouncing back from last year’s…
Apple files appeal after Biden administration allows US ban on watch imports
By Blake Brittain (Reuters) -Apple on Tuesday appealed a decision to ban imports of its watches based on a complaint…
US holiday retail sales grow 3.1%, down from prior year -Mastercard
(Reuters) -U.S. retail sales rose 3.1% between Nov. 1 and Dec. 24, as shoppers looked for last-minute Christmas deals amid…
Bristol Myers to buy RayzeBio for $4.1 billion in targeted cancer therapy push
By Bhanvi Satija (Reuters) -Bristol Myers Squibb said on Tuesday it would buy RayzeBio for about $4.1 billion to bolster…
Big oil enters 2024 strengthened by U.S. industry consolidation
By Gary McWilliams HOUSTON (Reuters) – The oil and gas industry went on a $250 billion buying spree in 2023,…