Category Archives:
U.S. Navy boosts aspiration for large unmanned fleet
By Mike Stone WASHINGTON (Reuters) - The U.S. Navy sees its future fleet comprised of more than 350 manned ships and about 150 unmanned ships hoping technology means lower operating costs as it prepar...
Jul 26, 2022
GM’s Cruise robotaxi unit drives deeper into the red
By Joseph White DETROIT (Reuters) - General Motors Co has lost nearly $5 billion since 2018 trying to build a robotaxi business in San Francisco, and now as the automaker's Cruise unit starts charging...
Jul 26, 2022
Bank of Canada rate hikes to sting many home equity borrowers
By Nichola Saminather TORONTO (Reuters) - Canadians whose use of home equity lines of credit (HELOC) has climbed recently following a surge in real estate values during the pandemic could be hit by th...
Jul 26, 2022
Biden’s COVID symptoms ‘almost completely resolved’, his physician says
WASHINGTON (Reuters) - U.S. President Joe Biden's COVID-19 symptoms have now "almost completely resolved" and he now feels well enough to resume his physical exercise regimen, his physician said in a ...
Jul 26, 2022
U.S. Senate votes to advance sweeping semiconductor industry bill
WASHINGTON (Reuters) - The U.S. Senate voted 64-32 on Tuesday to advance legislation to boost U.S. semiconductor manufacturing to address concerns about competition with China. The legislation provide...
Jul 26, 2022
Explainer-Nord Stream’s turbine tussle puts spotlight on equipment
MOSCOW (Reuters) - The bickering over a turbine Moscow says is to blame for a reduction of gas flows via Nord Stream 1 has put into focus the equipment the pipeline needs to operate. At the heart of t...
Jul 26, 2022
Hyundai to pay $19.2 million for widespread credit-reporting failures–U.S. regulator
(Reuters) - A U.S. regulator on Tuesday ordered an affiliate of Hyundai Motor Co to pay $19.2 million for repeatedly providing inaccurate information to credit-reporting companies, including wrongly r...
Jul 26, 2022
From burgers to bleach, stressed consumers buy cheap
By Hilary Russ and Richa Naidu NEW YORK/LONDON (Reuters) - Some global consumers are showing signs of cracking, as shoppers stressed by record inflation stick to buying basics like food, bleach, cheap...
Jul 26, 2022
LVMH Q2 sales climb 19%, offsetting slower China
PARIS (Reuters) -Sales at LVMH, the world's largest luxury group, rose by 19% in the three months to June, as robust growth in the U.S. and China helped it offset a new round of lockdowns in China. LV...
Jul 26, 2022
Uber need not provide wheelchair access everywhere, U.S. judge rules
By Jonathan Stempel (Reuters) - A U.S. judge said Uber Technologies Inc did not violate a federal law protecting people with disabilities by not offering wheelchair-accessible vehicles in every market...
Jul 26, 2022
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