WeWork founder Neumann wants bankruptcy court’s help in bid to repurchase company
By Dietrich Knauth (Reuters) -WeWork founder Adam Neumann has asked a U.S. bankruptcy judge to help his bid to re-acquire…
Foreigners add net $32.7 billion to EM portfolios in March -IIF
By Rodrigo Campos NEW YORK (Reuters) -Foreigners added about $32.7 billion to their emerging market portfolios in March, a fifth…
IBM nearing deal for cloud software provider HashiCorp, source says
By Arsheeya Bajwa (Reuters) -International Business Machines is nearing a deal to buy cloud software provider HashiCorp, according to a…
Tesla to lay off more than 3,000 employees in California, notices show
(Reuters) – Tesla is set to cut 3,332 jobs in California, the electric-vehicle maker said in multiple Worker Adjustment and…
Biden unveils $7 billion for rooftop solar in Earth Day message
By Andrea Shalal and Nichola Groom TRIANGLE, Va. (Reuters) -President Joe Biden on Monday celebrated Earth Day by announcing $7…
Tesla expected to post lower profit margin amid doubts on growth, product strategy
By Hyunjoo Jin and Akash Sriram (Reuters) – Tesla is expected to report its lowest gross profit margin in more…
Apple close to finalizing deal with FIFA over TV rights for new tournament, NYT reports
(Reuters) -Soccer’s global governing body FIFA is close to an agreement with Apple to give the tech company worldwide television…
Broadcom’s critics reject its cloud licensing changes
By Foo Yun Chee BRUSSELS (Reuters) -Broadcom’s critics on Monday rejected the U.S. chipmaker’s changes to its cloud licensing practices,…
TikTok says US House bill that could ban app would ‘trample’ free speech
By Kanishka Singh WASHINGTON (Reuters) -TikTok on Sunday repeated its free-speech concerns about a bill passed by the House of…
Take Five: Dancing to the dollar’s beat
(Reuters) -Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the…