By Leah Douglas WASHINGTON (Reuters) -The Biden administration announced on Wednesday more than $2.1 billion in funding to shore up weaknesses in the country's food supply system exposed during the COVID-19 pandemic and the aftermath of the Russian invasion of…
(Reuters) - Tesla Inc is delaying U.S. deliveries of certain long-range models by up to a month, its website showed on Wednesday, as the electric-car maker tries to steer itself through supply-chain issues and disruptions in China operations. New orders…
By Paul Lienert and Ben Klayman (Reuters) - Ford Motor Co needs to overhaul its century-old business model - from slashing advertising spending to reworking its dealer network - if it is to earn enough profit on electric vehicles to…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big ticket items, including motor vehicles and houses, which could curtail…
By Iain Withers LONDON (Reuters) - The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy at a slower pace. The…
By Mike Stone WASHINGTON (Reuters) -The U.S. Army said on Friday it has awarded a contract worth $625 million to Raytheon Technologies Corp for anti-aircraft Stinger missiles in order to replenish stocks sent to Ukraine. The shoulder-fired anti-aircraft Stinger missiles…
By Bianca Flowers and Joseph White BONDURANT, Iowa (Reuters) -Deere & Co has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer is tearing a page from the technology world's playbook -…
By Noel Randewich (Reuters) - U.S. cinema stocks took off on Friday amid soaring expectations for the Memorial Day weekend debut of the sequel to the Tom Cruise blockbuster, "Top Gun". Cinemark Holdings, AMC Entertainment Holdings and Imax Corp each…
By Nivedita Balu and Medha Singh (Reuters) - Snap Inc shares plunged more than 40% and sparked a sector-wide selloff on Tuesday after a profit warning from the Snapchat parent signaled tough times ahead for the once-booming digital ad industry.…
By John McCrank NEW YORK (Reuters) - The U.S. dollar edged lower on Thursday as markets considered whether the Federal Reserve might slow or even pause its tightening cycle in the second half of the year, which would weaken the…