Category Archives:
Stellantis to build U.S. firm Archer’s air taxi
By Gilles Guillaume PARIS (Reuters) - Car maker Stellantis will help build Archer Aviation's electric aircraft Midnight eVTOL and increase its stake in the U.S. company, the two firms said on Wednesda...
Jan 04, 2023
British Museum says in ‘constructive’ discussions over Parthenon marbles
LONDON (Reuters) - The British Museum said on Wednesday it was holding "constructive discussions" with Greece over the Parthenon Sculptures amid renewed speculation that the 2,500-year-old marbles cou...
Jan 04, 2023
GM outsells Toyota in U.S. with 2.5% rise in 2022 auto sales
(Reuters) - General Motors Co on Wednesday posted a 2.5% rise in U.S. new vehicle sales in 2022, outselling Japan's Toyota Motor Corp, aided by an easing of inventory shortages and strong demand for i...
Jan 04, 2023
Biden says he hopes House gets its ‘act together’ on leadership stalemate
WASHINGTON (Reuters) - U.S. President Joe Biden said on Wednesday that he hopes lawmakers "get their act together" as the fight for leadership of the House of Representatives reflected poorly on the c...
Jan 04, 2023
Microsoft shares lag Big Tech peers as growth worries prompt UBS downgrade
(Reuters) - Microsoft Corp underperformed big technology peers on U.S. exchanges on Wednesday as its shares fell 5.3% following a downgrade by brokerage UBS on worries over slowing growth for its clou...
Jan 04, 2023
Los Angeles County to pay Black family $20 million to buy back wrongly seized beach
By Brendan O'Brien (Reuters) - Los Angeles County will spend $20 million to purchase a prime beachfront property from the heirs of an African-American couple who were given the land back a century aft...
Jan 04, 2023
Irish privacy regulator fines Meta more than $400 million
DUBLIN (Reuters) - Ireland's data privacy regulator fined Meta 390 million euros ($414 million) on Wednesday for breaches at its Facebook and Instagram services and said both must reassess the legal b...
Jan 04, 2023
CIBC ordered to pay $848 million damages to Cerberus, will appeal
By Jonathan Stempel NEW YORK (Reuters) - Canadian Imperial Bank of Commerce plans to appeal a New York judge's order that it pay about $848 million in damages to private equity firm Cerberus Capital M...
Jan 04, 2023
U.S. job openings fall less than expected in November
WASHINGTON (Reuters) - U.S. job openings fell moderately in November as the labor market remains tight, which could see the Federal Reserve increasing interest rates to a higher level than currently a...
Jan 04, 2023
GE HealthCare shares rise in market debut
(Reuters) - Shares of GE HealthCare Technologies Inc reversed course to trade up 4.4% in their market debut on Wednesday, after the medical equipment maker completed its separation from industrial con...
Jan 04, 2023
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