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Analysis-Biden’s drive for EVs collides with Detroit’s profit machines

By Joseph White (Reuters) - The Biden administration and automakers are in the final stages of negotiating over ambitious new rules to accelerate the electric-vehicle transition that could cost Detroit's automakers billions and fuel an election-year clash over climate policy.…

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Feb 15, 2024
AI mentions rise in S&P 500 earnings calls, Goldman says

By Lewis Krauskopf NEW YORK (Reuters) - The number of S&P 500 companies discussing artificial intelligence has climbed to a new high in fourth-quarter conference calls, Goldman Sachs strategists said, in the latest sign AI is a focal point for…

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Feb 15, 2024
Biden pushes US House Republicans on Ukraine aid amid Trump opposition

By Steve Holland and Patricia Zengerle WASHINGTON (Reuters) -U.S. President Joe Biden and top officials are pushing House Speaker Mike Johnson for a vote on what the White House says is a critically needed funding bill for Ukraine's war against…

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Feb 14, 2024
Nvidia replaces Alphabet as Wall St’s third most valuable company

By Noel Randewich (Reuters) -Nvidia eclipsed Google-parent Alphabet as the third most valuable U.S. company on Wednesday, just after overtaking Amazon and as investors looked to the dominant AI chipmaker's upcoming quarterly report. The Santa Clara, California company's stock rose…

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Feb 14, 2024
Exclusive-Germany to slash 2024 economic growth forecast to 0.2%, source says

By Christian Kraemer and Rene Wagner BERLIN (Reuters) -The German government will slash its economic growth forecast for this and next year to just 0.2% and 1% respectively in a report due to be published next week, according to two…

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Feb 14, 2024
Stellantis’ Lancia unveils fully electric Ypsilon for new push outside Italy

MILAN (Reuters) - Lancia on Wednesday revealed its new Ypsilon compact car, the first of three new models promised by the premium brand as part of a multi-year relaunch plan under which it will again sell vehicles outside its Italian…

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Feb 14, 2024
CNH Industrial profit rises on higher prices, forecasts sales decline in 2024

By Bianca Flowers and Aatreyee Dasgupta (Reuters) -CNH Industrial reported a higher fourth-quarter profit on Wednesday, boosted by strong prices for its farm and construction machinery despite slowing demand. Shares for the Italian-American company were up 5% on the NYSE.…

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Feb 14, 2024
Google enables OS upgrades for older PCs post-Windows 10 support cutoff

(Reuters) - Google will allow businesses to install an auto-updating version of the Chrome operating system to Windows devices, potentially preventing millions of PCs from hitting landfills after Microsoft ends support for Windows 10 next year, parent company Alphabet said…

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Feb 14, 2024
Number of US farms falls and size increases, census shows

By Leah Douglas WASHINGTON (Reuters) - Farms in the U.S. continued to get larger and the number of farms fell between 2017 and 2022, new data released by the U.S. Department of Agriculture showed on Tuesday. The Census of Agriculture,…

Featured
Feb 13, 2024
Biden, Trump remain locked in tight rematch after special counsel report: Reuters poll

WASHINGTON (Reuters) - President Joe Biden and his leading Republican challenger Donald Trump remain locked in a tight election rematch, after a special prosecutor's report commenting on the Democratic incumbent's mental acuity, a Reuters/Ipsos poll found. The four-day poll, which…

Featured
Feb 13, 2024
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