Rivian slashes annual deliveries forecast as US tariffs seen hitting demand
(Reuters) -Rivian lowered its deliveries forecast for 2025 on Tuesday as U.S. tariffs on imported vehicles and auto parts threaten…
Super Micro cuts annual revenue forecast; shares fall
(Reuters) -Super Micro Computer trimmed its fiscal 2025 revenue expectation on Tuesday, adding to concerns around the server maker’s position…
Lucid sticks to annual production forecast even as tariff woes hit automakers
(Reuters) -Lucid stuck to its 2025 production forecast on Tuesday despite the threat of tariffs forcing many automakers to pull…
Rivian to build $120 million Illinois supplier park to lower tariff-related costs
(Reuters) -Rivian said on Monday that it will invest $120 million to bring its key parts suppliers near its plant…
Watchdogs reviewing DOGE actions at CFPB, Democratic lawmaker says
(Reuters) – Two watchdog agencies have agreed to review efforts by Elon Musk’s Department of Government Efficiency to dismantle the…
Apple will appeal contempt ruling in Epic Games case over App Store
By Mike Scarcella (Reuters) – Apple on Monday lodged an appeal to challenge a U.S. judge’s ruling that ordered the…
US offers $1,000 stipend to encourage migrants to self-deport
By Ted Hesson WASHINGTON (Reuters) -The Trump administration will offer a $1,000 stipend and travel assistance to migrants who elect…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
(Reuters) – Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial…
US FDA accepts Novo Nordisk’s application for oral Wegovy for weight loss
(Reuters) -The U.S. Food and Drug Administration has accepted Novo Nordisk’s marketing application for an oral version of its weight-loss…
Exclusive-US readies Russia sanctions over Ukraine, unclear if Trump will sign, sources say
By Jonathan Landay, Gram Slattery, Erin Banco and Steve Holland WASHINGTON (Reuters) – U.S. officials have finalized new economic sanctions…