Jun 01, 2022
Tesla delays deliveries of long-range models in U.S.

(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…

May 31, 2022
Rising cost of living hurts U.S. consumer confidence; house prices soar

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…

May 30, 2022
Dollar resumes slide as stock markets tentatively pick up

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…

May 27, 2022
U.S. buys more Stingers after missiles’ success in Ukraine

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…

May 27, 2022
Deere tapping into Apple-like tech model to drive revenue

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 -…

May 27, 2022
Movie stocks take off as ‘Top Gun’ sequel hits screens

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…

May 26, 2022
Dollar eases as traders scale back bets on Fed tightening

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…