Apple announces event on May 7 amid reports of launch of new iPads
(Reuters) -Apple will hold an event on May 7, the company said on Tuesday, amid reports that it would roll out the long-anticipated revamped versions of iPad Pro and iPad…
Biden rule grants overtime pay to 4 million US workers
By Daniel Wiessner (Reuters) -The administration of U.S. President Joe Biden on Tuesday unveiled a rule extending mandatory overtime pay to an estimated 4 million salaried workers, going even further…
Big banks face probe over NDAs in swaps, clearing businesses, Bloomberg reports
(Reuters) -The Commodity Futures Trading Commission (CFTC) has reached out to a number of banks, including JPMorgan Chase, Bank of America and Citigroup to see if they have been preventing…
Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say
By Foo Yun Chee and Elvira Pollina BRUSSELS/ROME (Reuters) – European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia’s (TIM) fixed-line access network by…
Meta opens Quest operating system to third-party device makers
By Yuvraj Malik and Katie Paul (Reuters) -Meta Platforms is sharing its Quest headset’s operating system with rival device makers, including Microsoft, for the first time, it said on Monday,…
Biden unveils $7 billion for rooftop solar in Earth Day message
By Andrea Shalal and Nichola Groom TRIANGLE, Va. (Reuters) -President Joe Biden on Monday celebrated Earth Day by announcing $7 billion in grants for residential solar projects that will power…
TikTok says US House bill that could ban app would ‘trample’ free speech
By Kanishka Singh WASHINGTON (Reuters) -TikTok on Sunday repeated its free-speech concerns about a bill passed by the House of Representatives that would ban the popular social media app in…
Take Five: Dancing to the dollar’s beat
(Reuters) -Just when it looked like rate cuts were coming any minute now, inflation has reared its head and the strength of the dollar is forcing other central bankers to…
Tesla cuts prices in China, Germany and around globe after US cuts
By Hyunjoo Jin, Ethan Wang and Christoph Steitz BEIJING/FRANKFURT (Reuters) -Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the…
Trump group spends big on legal fees; Biden leads at fundraising
(Corrects first paragraph to reflect that the legal fees were paid in March, not February) By Jason Lange WASHINGTON (Reuters) -Donald Trump’s political group that pays his legal bills on…