Feb 16, 2023
Tesla recalls 362,000 U.S. vehicles over Full Self-Driving software

By David Shepardson WASHINGTON (Reuters) -Tesla Inc will recall more than 362,000 U.S. vehicles to update its Full Self-Driving (FSD) Beta software after U.S. regulators said on Thursday the driver assistance system did not adequately adhere to traffic safety laws…

Feb 16, 2023
Wall Street ends down sharply as data fuels rate-hike worries

By Johann M Cherian and Noel Randewich (Reuters) - Wall Street ended sharply lower on Thursday after unexpectedly strong inflation data and a drop in weekly jobless claims added to fears that the U.S. Federal Reserve will keep raising interest…

Feb 14, 2023
Biden pledges to not let America default on its debt

By Steve Holland and Nandita Bose WASHINGTON (Reuters) - President Joe Biden challenged Republicans on Tuesday to release a budget proposal and let Americans decide whether they want to stay the course with his economic vision or pursue policies that…

Feb 13, 2023
Wall Street ends sharply higher as investors eye inflation data

(Updates following end of session with price moves) By Noel Randewich (Reuters) - Wall Street closed sharply higher on Monday as investors awaited inflation data likely to hint at the path of the Federal Reserve's future interest rate hikes, while…

Feb 10, 2023
Walmart pushes back as major product suppliers ask for higher prices

By Siddharth Cavale and Jessica DiNapoli NEW YORK (Reuters) -Walmart Inc is warning major packaged goods makers that it can no longer stomach their price hikes, pitching its own private-label products to shoppers as less-expensive alternatives to suppliers' name-brand goods.…

Feb 06, 2023
Drug companies face COVID cliff in 2023 as sales set to plummet

By Michael Erman and Patrick Wingrove NEW YORK (Reuters) - Pharmaceutical companies that made billions from the pandemic over the past two years selling vaccines and treatments are now up against a steep COVID cliff and investor pressure to spend…

Jan 31, 2023
U.S. Justice Department seeks Tesla driver-assist documents

By Akash Sriram and David Shepardson WASHINGTON (Reuters) - Tesla Inc disclosed on Tuesday the U.S. Justice Department has sought documents related to its Full Self-Driving (FSD) and Autopilot driver-assistance systems as regulatory scrutiny intensifies.  The automaker said in a…