Boeing nears Qatar freighter deal ahead of emir visit -sources
SEATTLE (Reuters) – Boeing (NYSE:BA) Co is in advanced talks with Qatar Airways to secure a launch order for a proposed new freighter, and a deal could come as early…
Exclusive: SoftBank-backed Gopuff hires banks for IPO -sources
By Anirban Sen, Krystal Hu and Echo Wang (Reuters) – Gopuff, the SoftBank Group Corp -backed delivery startup that was valued at about $15 billion last year, has tapped banks…
Exclusive-Macellum asks Kohl’s for board seat, public commitment to explore sale
By Svea Herbst-Bayliss BOSTON(Reuters) – Activist hedge fund Macellum Advisors, which wants Kohl’s Corp (NYSE:KSS) to consider putting itself up for sale, is now pressing the U.S. retailer for at…
GM’s $7 billion investment intensifies EV battle with Ford, Tesla
By Paul Lienert and David Shepardson (Reuters) -General Motors Co said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric…
Wall Street ends down as markets whipsaw ahead of Fed meeting
By Stephen Culp NEW YORK (Reuters) – U.S. stocks gyrated in afternoon trading to close lower with interest rate sensitive tech stocks weighing most heavily as uncertainties surrounding an increasingly…
NBCUniversal lowering its TV ratings expectations for Winter Olympics
By Helen Coster (Reuters) – NBCUniversal is lowering its TV ratings expectations for the Beijing Winter Games by as much as half depending on the time of day and the…
Robinhood says it is in ‘strong position’ to face unlikely market events
(Reuters) -Robinhood Markets Inc on Tuesday highlighted steps it has taken to avoid imposing trading restrictions and said it was in a “strong position” to support customers through unlikely market…
Texas Instruments forecasts upbeat revenue on strong chip demand
(Reuters) -Texas Instruments Inc on Tuesday forecast current-quarter revenue above expectations and said it would sharpen its focus on chips used in the lucrative automotive and industrial sectors, sending its…
Google expands in Brazil seeking to improve areas of privacy and security
(Reuters) – Alphabet (NASDAQ:GOOGL) Inc’s Google is slated to hire 200 engineers in Brazil this year, as it seeks to bolster its privacy, security, and anti-abusive content technologies, Berthier Ribeiro-Neto,…
U.S. seeks more information from Tesla on distracted drive game probe
By David Shepardson WASHINGTON (Reuters) – U.S auto safety regulators on Tuesday said they have sought additional information from Tesla (NASDAQ:TSLA) Inc in its probe into 580,000 vehicles over the…