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Apple set for big sales decline as investors await AI in iPhones
Business

Apple set for big sales decline as investors await AI in iPhones

May 1, 2024May 1, 2024

By Yuvraj Malik (Reuters) -Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in

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Starbucks shares hit two-year low as China, US demand clouds outlook
Business

Starbucks shares hit two-year low as China, US demand clouds outlook

May 1, 2024May 1, 2024

By Juveria Tabassum (Reuters) – Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual

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Amazon results beat estimates, revenue forecast misses
Business

Amazon results beat estimates, revenue forecast misses

May 1, 2024May 1, 2024

By Greg Bensinger and Yuvraj Malik (Reuters) -Amazon.com reported quarterly results above Wall Street’s expectations on Tuesday, as interest in artificial intelligence helped drive cloud-computing

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‘Bitcoin Jesus’ arrested in Spain on US tax evasion charges
Business

‘Bitcoin Jesus’ arrested in Spain on US tax evasion charges

April 30, 2024April 30, 2024

By Nate Raymond (Reuters) – An early investor in bitcoins dubbed the “Bitcoin Jesus” has been arrested in Spain on U.S. charges that he evaded

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Pinterest forecasts quarterly revenue above estimates, shares surge
Business

Pinterest forecasts quarterly revenue above estimates, shares surge

April 30, 2024May 1, 2024

By Jaspreet Singh (Reuters) -Pinterest forecast second-quarter revenue above Wall Street estimates on Tuesday, expecting a boost from its ad partnerships with Amazon and Google,

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Trump raises stake in his media firm to nearly 65%
Business

Trump raises stake in his media firm to nearly 65%

April 30, 2024April 30, 2024

(Reuters) – Donald Trump has raised his stake in the company that operates his social media app Truth Social to nearly 65% as of last

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Graphite miners lobby US govt to impose levy on China-sourced EV material
Top News

Graphite miners lobby US govt to impose levy on China-sourced EV material

April 30, 2024April 30, 2024

By Divya Rajagopal TORONTO (Reuters) – North American graphite miners are lobbying the US government to impose a 25% tariff on three graphite products sourced

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As solar capacity grows, some of America’s most productive farmland is at risk
Top News

As solar capacity grows, some of America’s most productive farmland is at risk

April 29, 2024April 29, 2024

By P.J. Huffstutter and Christopher Walljasper JASPER COUNTY, INDIANA (Reuters) -Dave Duttlinger’s first thought when he saw a dense band of yellowish-brown dust smearing the

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Elon Musk visits China as Tesla seeks self-driving technology rollout
Top News

Elon Musk visits China as Tesla seeks self-driving technology rollout

April 28, 2024April 28, 2024

SHANGHAI/BEIJING (Reuters) -Tesla CEO Elon Musk arrived in Beijing on Sunday on an unannounced visit, where he was expected to discuss the rollout of Full

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Russia threatens West with severe response if its assets are touched
Top News

Russia threatens West with severe response if its assets are touched

April 28, 2024April 28, 2024

MOSCOW (Reuters) – Russian officials threatened the West on Sunday with a “severe” response in the event that frozen Russian assets are confiscated, promising “endless”

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