(Reuters) -Tesla will raise prices of all its cars in Canada from Feb. 1, according to notices on its Canadian website, with prices of Model 3 going up by as much as C$9,000 ($6,254.78). Model Y variants will see increases of up to C$4,000, while all versions of Model S and X will rise by …
Tesla to significantly raise prices of all cars in Canada, website shows Read More »
By David Shepardson and Lananh Nguyen WASHINGTON (Reuters) – The Senate Commerce Committee said on Wednesday it would hold a Jan. 29 hearing on President Donald Trump’s nominee to lead the Commerce Department, the agency that has become a key U.S. tool in its efforts to constrain China’s tech sector. Trump tapped Wall Street CEO …
US Senate committee to hold Jan. 29 hearing on Trump commerce nominee Read More »
(Reuters) – Shareholders of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel brands with Myer, in a deal valued at A$864 million ($541.99 million). More than 96% of votes cast by Myer shareholders favoured the combination, while over 99% of votes approved the merger at Premier’s …
Shareholders of Australian apparel retailers Myer, Premier approve merger Read More »
By Erwin Seba HOUSTON (Reuters) -LyondellBasell Industries will begin the permanent closure of its 263,776 barrel-per-day Houston refinery this coming weekend, said people familiar with plant operations. Layoffs of up to 400 employees at the refinery are scheduled to start two months after the shutdown begins, the sources said. The company said on Wednesday it …
Lyondell to begin closure of Houston refinery this weekend, sources say Read More »
(Reuters) – Michael Grimes, a technology banker with Morgan Stanley, is in talks to leave the bank for a position in U.S. President Donald Trump’s administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions. It wasn’t immediately clear what specific role Grimes is pursuing, the report said, but suggested that …
Morgan Stanley’s Michael Grimes in talks for role in Trump administration, WSJ reports Read More »
(Reuters) – Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup’s expansion plans and new product development. The Series J funding round closed on Wednesday and valued Databricks at $62 billion. The company also secured a $5.25 billion credit facility …
Meta backs data analytics firm Databricks as AI boom attracts investors Read More »
By Jonathan Stempel (Reuters) -Microsoft’s LinkedIn has been sued by Premium customers who said the business-focused social media platform disclosed their private messages to third parties without permission to train generative artificial intelligence models. According to a proposed class action filed on Tuesday night on behalf of millions of LinkedIn Premium customers, LinkedIn quietly introduced …
Microsoft’s LinkedIn sued for disclosing customer information to train AI models Read More »
By David Shepardson WASHINGTON (Reuters) – President Donald Trump’s nominee to head the U.S. Transportation Department said he will keep in place a cap on production of Boeing 737 MAX planes put in place after a mid-air panel blowout last year until he is satisfied it can be safely raised. “The cap will be maintained …
Trump transportation nominee will keep Boeing 737 MAX production cap in place Read More »
By Svea Herbst-Bayliss NEW YORK (Reuters) – Activist investor Mantle Ridge has secured enough support from Air Products and Chemicals investors to win several seats on the industrial gases company’s board of directors, two people familiar with the matter said on Wednesday. Investor votes are still being counted before Air Products’ annual meeting on Thursday …
Mantle Ridge secures enough votes for board seats at Air Products, sources say Read More »
By Doyinsola Oladipo NEW YORK (Reuters) – Some Meta social media users said on Wednesday that their accounts re-followed the profiles of President Donald Trump, Vice President JD Vance and first lady Melania Trump after they had unfollowed those accounts once Trump took office for his second term. When a presidential administration changes, the official …
US Meta users report automatic re-follows of president, VP accounts Read More »
