Sep 01, 2022
Chip wreck: Nvidia sinks sector after U.S. restricts China sales

By Noel Randewich (Reuters) - U.S. chip stocks tumbled on Thursday, with the main semiconductor index down more than 3% after Nvidia and Advanced Micro Devices said U.S. officials told them to stop exporting cutting-edge processors for artificial intelligence to…

Aug 30, 2022
Sharks frequent waters near crowded urban beaches, study finds

(Reuters) - Beachgoers in some urban areas are probably swimming near sharks without realizing it, according to a University of Miami study that tracked their movements off the southern Florida coast. As part of the study, three different species of…

Aug 29, 2022
Honda Motor, LG Energy to build $4.4 billion U.S. EV battery plant

TOKYO/WASHINGTON (Reuters) - Japan's Honda Motor Co will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd, the two companies said on Monday. Battery makers are…

Aug 26, 2022
FedEx sues, then cuts ties with delivery contractor Patton

By Lisa Baertlein LOS ANGELES (Reuters) -FedEx Corp on Friday filed suit asking a federal judge to stop one of its largest delivery contractors from spreading misinformation about its business for financial gain, and confirmed that it severed its relationship…

Aug 25, 2022
Rock-hunting NASA rover reveals Martian crater’s surprising geology

By Will Dunham WASHINGTON (Reuters) - Core samples drilled by NASA's Perseverance rover on the Martian surface are revealing the geology of a gaping crater scientists suspect may have harbored microbial life billions of years ago, including surprises about the…

Aug 24, 2022
Twitter staff exodus accelerates amid Musk battle, whistleblower complaint

By Sheila Dang and Nivedita Balu (Reuters) - Twitter Inc is facing more employee departures, company executives told staff on Wednesday, as leaders sought to address multiple challenges, including whistleblower https://www.reuters.com/markets/deals/twitter-whistleblower-could-help-musk-by-adding-volatility-legal-battle-2022-08-23 allegations and a legal battle with billionaire Elon Musk.…

Aug 23, 2022
Cryptoverse: A mixer with your crypto cocktail?

By Lisa Pauline Mattackal (Reuters) - The DeFi dream is shaken. And stirred. The grand crypto project has declined in 2022: total user funds deposited in decentralized finance has shrunk to about $61 billion from over $170 billion at the…

Aug 22, 2022
Ford cuts 3,000 jobs as it pivots to EVs, software

By Joseph White (Reuters) -Ford Motor Co said it will cut a total of 3,000 salaried and contract jobs, mostly in North America and India, as it restructures to catch up with Tesla Inc in the race to develop software-driven…