Several Chinese state firms in Shanghai buy Tesla Model Y cars
Daily Trader Insights BEIJING (Reuters) – Several state-owned firms in China’s financial hub of Shanghai have recently purchased...
Business
China’s BYD opens EV factory in Thailand, first in Southeast Asia
RAYONG, Thailand (Reuters) – China’s BYD opened its first electric vehicle plant in Thailand on...
Oil prices slip after data points to cooling U.S. economy
By Katya Golubkova TOKYO (Reuters) – Oil prices fell in early trade on Thursday after...
Jeff Bezos to sell Amazon shares worth about $5 billion after stock hits record high
(Reuters) – Amazon founder and executive chair Jeff Bezos is planning to sell almost $5...
Microsoft settles California probe over worker leave for $14 million
By Daniel Wiessner (Reuters) -Microsoft Corp has agreed to pay $14 million to settle a...
Meta’s Threads hits 175 million users ahead of one-year anniversary
By Yuvraj Malik and Jaspreet Singh (Reuters) – Meta Platforms’ newest social media offering Threads...
AbbVie cuts 2024 profit forecast on R&D expenses
(Reuters) -AbbVie lowered its 2024 adjusted profit forecast on Wednesday, citing $937 million in milestones,...
Progressive to pay $48 million to settle claims it undervalued wrecked cars
By Jonathan Stempel NEW YORK (Reuters) – Progressive agreed to pay $48 million to settle...
Walmart has held talks to sell its shuttered medical clinics, Fortune reports
(Reuters) – Walmart has held talks with potential buyers to sell its already shuttered medical...
Ford urges its managers to buy more EVs with new leasing policy
By Nora Eckert DETROIT (Reuters) – Ford Motor is trying to get more of its...