Deere boosts bet on autonomous tractors with new machines
(Reuters) – Deere & Co strengthened its bet on autonomous machinery by unveiling new tractors and industrial equipment, capable of operating without the need for a human being in the…
Chip firms surge on hopes of strong AI-led demand
By Medha Singh and Purvi Agarwal (Reuters) -Shares of chipmakers jumped on Monday as Microsoft’s plan to invest $80 billion in AI-enabled data centers in fiscal 2025 spurred bets that…
US to award $306 million for bird flu monitoring and preparedness
(Reuters) – The U.S. Department of Health and Human Services said on Friday it would award $306 million in funds to help bird flu monitoring, as the virus spreads in…
EV maker Rivian beats expectations for deliveries as supply snag eases
By Jaspreet Singh (Reuters) -Rivian surpassed analysts’ expectations for fourth-quarter deliveries on Friday and said its production was no longer constrained by a component shortage, a positive sign for the…
Biden blocks Nippon Steel’s $14.9 billion takeover of U.S. Steel
(Reuters) -U.S. President Joe Biden said on Friday he would block Japanese company Nippon Steel’s $14.9 billion buyout of U.S. Steel, citing reasons related to national security and keeping the…
US hits JetBlue with $2 million penalty over chronic flight delays
By David Shepardson WASHINGTON (Reuters) – The U.S. Transportation Department has imposed a $2 million penalty on JetBlue Airways for operating four chronically delayed flights on domestic routes – the…
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on alcoholic drinks. Alcoholic drinks should carry a label…
Morgan Stanley to leave sector climate coalition
LONDON (Reuters) -Investment bank Morgan Stanley said on Thursday it had decided to leave the Net-Zero Banking Alliance, becoming the latest U.S. lender to quit the sector’s top global climate…
Oil prices up 2% on China optimism as investors return from holiday
By Laila Kearney NEW YORK (Reuters) -Oil prices rose about 2% on Thursday as investors returned for the first trading day of the new year with an optimistic eye on…
Musk donated $108 million in Tesla shares to unnamed charities, filing shows
(Reuters) – Tesla chief executive Elon Musk donated 268,000 Tesla shares to unnamed charities just before the new year, according to a regulatory filing on Tuesday. Musk, who owns about…