Nov 15, 2023
Renault sets out targets for EV unit, won’t sell it cheap

By Gilles Guillaume and Silvia Aloisi PARIS (Reuters) -French car maker Renault said its electric vehicles unit Ampere would see revenue more than treble to 10 billion euros ($10.8 billion) in 2025 as it sought to fire up doubtful investors…

Nov 14, 2023
Social media companies must face youth addiction lawsuits, US judge rules

By Jonathan Stempel and Nate Raymond (Reuters) -A federal judge on Tuesday rejected efforts by major social media companies to dismiss nationwide litigation accusing them of illegally enticing and then addicting millions of children to their platforms, damaging their mental…

Nov 14, 2023
Goldilocks hopes return to Wall St after benign inflation report

By Lewis Krauskopf and Saqib Iqbal Ahmed NEW YORK (Reuters) - A benign U.S. inflation report is bolstering hopes that the Federal Reserve can bring down consumer prices without hurting the economy, a so-called Goldilocks environment that investors believe will…

Nov 14, 2023
Donald Trump’s older sister Maryanne Trump Barry dies at 86

WASHINGTON (Reuters) - Maryanne Trump Barry, former president Donald Trump’s older sister and a former federal judge, has died at age 86, according to family members. The former president remembered his late sister in a Truth Social post on Tuesday.…

Nov 13, 2023
Arson determined as cause of Los Angeles freeway fire

By Steve Gorman and Daniel Trotta LOS ANGELES (Reuters) -Investigators have determined arson caused the weekend fire that heavily damaged an elevated stretch of a downtown Los Angeles freeway, forcing its indefinite closure and setting the stage for prolonged traffic…

Nov 13, 2023
S&P 500 takes a pause ahead of U.S inflation data

By Sinéad Carew and Sruthi Shankar (Reuters) - The S&P 500 closed Monday's session slightly lower as investors held their breath before a crucial inflation reading that could provide clues as to how long the U.S. Federal Reserve will keep…

Nov 13, 2023
Amazon cuts games unit jobs in broader restructuring

By Greg Bensinger (Reuters) -Amazon.com has cut around 180 jobs in its games division, at least the second round of layoffs in under a week by the online retailer and digital streaming provider in a broader restructuring, an email viewed…