US awards up to $2.2 billion to speed clean-hydrogen development
By Timothy Gardner WASHINGTON (Reuters) – The U.S. Department of Energy said on Wednesday it has awarded up to $2.2 billion to centers on the Gulf Coast and in the…
Chinese defense minister declines meeting with Pentagon chief
WASHINGTON (Reuters) – China’s defense minister declined a meeting with U.S. Defense Secretary Lloyd Austin during a meeting of defense leaders in Laos, a move the Pentagon chief said on…
Nvidia’s Run:ai deal to get EU antitrust decision by Dec. 20
BRUSSELS (Reuters) – EU antitrust regulators will make a decision on U.S. chipmaker Nvidia’s proposed acquisition of Israeli AI startup Run:ai by Dec. 20, according to a European Commission filing.…
Blackstone strikes $8 billion deal for sandwich chain Jersey Mike’s Subs
By Anirban Sen (Reuters) -Blackstone has agreed to buy Jersey Mike’s Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at around…
SpaceX to launch sixth Starship test from Texas, with Trump attending
By Joey Roulette (Reuters) – Elon Musk’s SpaceX is set on Tuesday to launch the sixth test of its giant Starship rocket from Texas, eyeing improvements in its hypersonic reentry…
Stellantis unveils technology to support flexible EV and hybrid auto production
By Nora Eckert DETROIT (Reuters) – Stellantis is preparing to navigate the turbulent electric-vehicle transition with a new vehicle system that will support assembly of gasoline, hybrid and electric models,…
Nvidia’s Blackwell revenue in focus as sales growth slows
By Arsheeya Bajwa (Reuters) – Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace of growth, how the company…
Tesla gains on report Trump’s team planning federal self-driving vehicle regulations
By Akash Sriram (Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump’s transition team was planning to set up federal regulations for…
Walmart stock set for best year since 1999 as profits jump
By Juveria Tabassum (Reuters) – Walmart shares are set for their best yearly gains in over two decades as the retail behemoth’s low prices for everyday essentials give it an…
Biden pledges record $4 billion to World Bank fund for poorest countries
By David Lawder and Andrea Shalal WASHINGTON (Reuters) – U.S. President Joe Biden pledged a $4 billion U.S. contribution to the World Bank’s International Development Association fund for the world’s…