By Sinéad Carew and Amruta Khandekar (Reuters) - Wall Street's main indexes closed lower on the first trading day of 2023 with the biggest drags from Tesla and Apple, while investors worried about the Federal Reserve's interest-rate hiking path as…
NEW YORK (Reuters) - Sam Bankman-Fried's parents have been getting physical threats since the collapse of their son's now-bankrupt FTX cryptocurrency exchange, his lawyers said on Tuesday. The disclosure was made in a filing in Manhattan federal court, where the…
By Marc Jones LONDON (Reuters) - Trillions of dollars wiped off world stocks, bond market tantrums, whip-sawing currency and commodities and the collapse of a few crypto empires - 2022 has been perhaps the most turbulent year investors have ever…
By David Shepardson (Reuters) -The U.S. Treasury Department said on Thursday that electric vehicles leased by consumers can qualify starting Jan. 1 for up to $7,500 in commercial clean vehicle tax credits, a decision that makes those assembled outside North…
(Reuters) -Amazon.com Inc is working on a standalone app for watching sports content, the Information reported on Wednesday, citing a source with direct knowledge of the plan. Sports remains one of the biggest attractions for live viewing as U.S. audiences…
By Jonathan Stempel NEW YORK (Reuters) - Sam Bankman-Fried is expected to enter a plea next week to criminal charges he defrauded investors and looted billions of dollars in customer funds at his failed FTX cryptocurrency exchange. The 30-year-old is…
By Dan Burns (Reuters) - Annual price growth in the increasingly fragile U.S. housing market slid into the single digits in October for the first time in about two years when mortgage rates that month surged above 7% and further…
(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…
By Timothy Aeppel (Reuters) - Glen Calder expected a shipment of gearbox reducers needed to build a particular model of his company's paving machines last week. But when he called on Thursday to check the status of the order, he…
(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…