(Reuters) -Ford Motor is delaying the launch of two next-generation electric vehicles as it shifts focus to smaller and more affordable models, Automotive News reported
Category: Business
US issues exemption for self-driving Zoox vehicles, closes probe
By David Shepardson (Reuters) -The National Highway Traffic Safety Administration said Wednesday it has certified Amazon.com’s self-driving unit Zoox vehicles for demonstration use and closed
Novartis weighs deal for biotech Avidity Biosciences, FT reports
(Reuters) -Swiss drugmaker Novartis has approached U.S. biotech Avidity Biosciences for a potential takeover offer, the Financial Times reported on Wednesday, citing people familiar with
OpenAI releases open-weight reasoning models optimized for running on laptops
By Anna Tong and Greg Bensinger SAN FRANCISCO (Reuters) -OpenAI said on Tuesday it has released two open-weight language models that excel in advanced reasoning
Warburg Pincus-backed Miami International eyes up to $1.7 billion valuation in US IPO
(Reuters) -Miami International Holdings, the parent of bourse operator MIAX, said on Monday it was targeting a valuation of up to $1.67 billion in its
David Ellison to lead combined company after Paramount-Skydance merger closes
(Reuters) -Skydance Media CEO David Ellison will lead the new company as chief executive after its merger with Paramount Global is completed by August 7,
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its AI data center power consumption
Trump’s America First biodiesel policy could cost US companies, consumers, trade groups warn
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) -The Trump administration’s push to discourage the use of foreign feedstocks in domestic biodiesel could lead
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear communication, in contrast to his
Daimler Truck slashes key profit forecast on North America weakness
FRANKFURT (Reuters) -Daimler Truck, one of the world’s biggest truckmakers, on Thursday slashed a key profit forecast for 2025 due to “continuous market weakness in