PepsiCo quarterly revenue misses estimates as demand slows for snacks, sodas
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from
US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
(Reuters) – The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron’s $53 billion takeover of Hess until after an arbitration
US announces record oil and gas pollution penalty against Marathon Oil
By Nichola Groom (Reuters) – U.S. officials on Thursday announced a $241 million settlement with Marathon Oil over alleged air pollution violations at dozens of
Wall Street analysts bullish on genetic testing firm Tempus AI
(Reuters) – Wall Street brokerages started covering SoftBank Group-backed Tempus AI on a bullish note on Tuesday, betting that the company’s AI-powered library of clinical
US Justice Department says it disrupted Russian social media influence operation
By Andrew Goudsward and Christopher Bing WASHINGTON (Reuters) -The U.S Justice Department said on Tuesday that it disrupted a Russian operation that used fake social
NATO agency orders Stinger anti-aircraft missiles for $700 million, Stoltenberg says
WASHINGTON (Reuters) – NATO has placed an order for Stinger anti-aircraft missiles worth almost $700 million dollars in the name of several member states, the
Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports
(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, The Information reported
Vistra, Constellation Energy surge on clean energy demand bets to power AI tech
By Medha Singh and Seher Dareen (Reuters) – Nuclear power companies Constellation Energy and Vistra have become the top S&P 500 performers after Super Micro
China’s BYD plans $894 million EV parts project, state media says
BEIJING (Reuters) – Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total
EV maker Lucid beats quarterly deliveries estimates helped by price cuts
(Reuters) -Lucid Group reported second-quarter deliveries above analysts’ estimates on Monday, as price cuts bolstered demand for its luxury electric sedans, sending the company’s shares