By Chandni Shah and Hyunjoo Jin (Reuters) -Tesla CEO Elon Musk said he would be uncomfortable growing the automaker to be a leader in artificial intelligence and robotics without having at least 25% voting control of the company, nearly double…
(Reuters) - Budget hotel operator Wyndham Hotels & Resorts said on Thursday it has received a second request from the U.S. Federal Trade Commission seeking more information related to a $7.8 billion takeover offer by Choice Hotels. "The second request,…
By Rajesh Kumar Singh CHICAGO (Reuters) -Delta Air Lines on Friday scaled down its profit outlook for the current year, citing higher costs, supply chain issues and macroeconomic uncertainties. The company's shares fell more than 8% shortly after midday, dragging…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside and allow the Federal Reserve to start cutting interest rates…
By David Lawder WASHINGTON (Reuters) - A U.S. federal government shutdown in coming weeks would likely disrupt the soon-to-start tax filing season for 2023 income, the head of the Internal Revenue Service said on Friday, even as the agency takes…
(Reuters) - Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto insurance. Consumer prices in December overall rose…
(Reuters) - Citigroup's Chief Financial Officer Mark Mason said on Friday the bank expects its headcount to be down roughly 20,000 by 2026. The third-largest U.S. bank reported a $1.8 billion loss for the fourth quarter on charges related to…
(Reuters) - Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. government report pointed to less inflation in the wholesale pipeline than economists had anticipated. …
By Shivansh Tiwary and Doyinsola Oladipo NEW YORK (Reuters) -More travelers are checking the model of an aircraft before booking flights after a midair cabin blowout forced a new Alaska Airlines-operated Boeing jet to make an emergency landing and grounded…
By Hannah Lang, Suzanne McGee and Manya Saini (Reuters) - U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by…
