Category Archives:
Analysis-China’s Xpeng takes cues from Tesla for its new EV platform
By Paul Lienert (Reuters) - Chinese electric vehicle maker Xpeng Inc is the latest manufacturer hoping to save money and speed development and production by shifting to a digital vehicle architecture ...
Apr 18, 2023
Canada’s inflation rate slows to 4.3% in March, slowest pace since 2021
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada's annual inflation rate eased in March to 4.3%, its slowest pace in 19 months but still more than double the Bank of Canada's 2% target, dat...
Apr 18, 2023
China wants weaker US dollar as reserve currency, says Biden economist nominee
WASHINGTON (Reuters) - There was "some evidence" that China wants the dollar to weaken as the international reserve currency, said a White House nominee for a top economist position on Tuesday, and he...
Apr 18, 2023
Online US real estate firm Opendoor cuts 22% of workforce
By Greg Bensinger (Reuters) - Opendoor Technologies Inc on Tuesday said it was cutting roughly 560 jobs, or 22% of the workforce at the online U.S. real estate firm, citing a declining housing market....
Apr 18, 2023
Kansas City homeowner charged in shooting of Black teenager surrenders to police
(Reuters) -A white man surrendered to police in Kansas City on Tuesday, a day after he was charged in the shooting and wounding of a Black teenager who mistakenly walked up to the suspect's house to p...
Apr 18, 2023
US family immigration detention won’t restart ‘at this time,’ official says
By Ted Hesson WASHINGTON (Reuters) - The Biden administration is not planning "at this time" to restart family immigration detention, a senior U.S. immigration official said on Tuesday, signaling the ...
Apr 18, 2023
Yellen to lay out U.S. economic priorities on China in Thursday speech
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday will lay out the Biden administration's principal objectives for the U.S.-China economic relationship in a speech in Washington,...
Apr 18, 2023
Intel ends its bitcoin mining chip series
(Reuters) - Chipmaker Intel Corp said on Tuesday it has discontinued production of its bitcoin mining chip series, just a year after its introduction. A rout in the cryptocurrency market hurt some chi...
Apr 18, 2023
Canada’s CBC says Twitter ‘not serious’ after ‘69% government-funded media’ label
(Reuters) - Public broadcaster Canadian Broadcasting Corporation (CBC) on Tuesday pushed back against Twitter's move to label it "69% government funded media," saying it had complete editorial indepen...
Apr 18, 2023
U.S., General Motors settle alleged discrimination against non-US citizens
WASHINGTON (Reuters) - The U.S. Justice Department on Tuesday said it had reached a settlement with General Motors Co to resolve the department's determination that the American automaker discriminate...
Apr 18, 2023
Peoria, IL, USA
47 °F Mist
