Dec 23, 2022
U.S. orders Mastercard to stop blocking competing payment networks

(Reuters) -The Biden administration on Friday said it was ordering Mastercard Inc to stop blocking the use of competing networks to process debit payments. Under a proposed order, Mastercard would have to start providing competing payment networks with the customer…

Dec 22, 2022
BMW to make Solid Power’s battery cells under expanded agreement

(Reuters) - Solid Power Inc said on Wednesday it will offer some intellectual property rights related to its solid-state batteries to BMW and allow production of the battery cells at the automaker's facilities in Germany. Colorado-based Solid Power will license…

Dec 20, 2022
SpaceX rocket sends first global water survey mission into orbit

By Steve Gorman LOS ANGELES, Calif. (Reuters) -A SpaceX rocket blasted off early on Friday carrying a U.S.-French satellite designed to conduct an unprecedented global survey of Earth's surface waters, a mission expected to shed new light on the mechanics…

Dec 20, 2022
Tesla falls on growing angst over Musk’s focus on Twitter

(Reuters) - Shares of Tesla Inc fell nearly 6% on Tuesday after a string of brokerages cut their price targets on the electric-vehicle maker's stock, citing the risk from Elon Musk's Twitter distraction. Tesla's shares hit a more than two-year…

Dec 20, 2022
Hazardous storm system hits United States ahead of winter holidays

(Reuters) - A huge swath of the United States will face heavy snow, below-freezing temperatures, and dangerous wind chills this week, likely leading to flight delays and impassable roadways during one of the busiest travel periods of the year. The…

Dec 19, 2022
Musk’s poll results: Elon should step down as Twitter CEO

By Nivedita Balu (Reuters) -Twitter users voted decisively in a poll for Elon Musk to step down as chief executive of the social media platform, a backlash against the billionaire less than two months after he took over in what…