By Raphael Satter and Kanishka Singh WASHINGTON (Reuters) -Two U.S. Navy sailors have been arrested on charges of handing over sensitive national security material to China, U.S. officials said Thursday. Petty Officer Wenheng Zhao, 26, was charged with conspiracy and…
By Ernest Scheyder (Reuters) - Albemarle is building an Arkansas facility to test its version of direct lithium extraction (DLE) technology with the goal of eventually filtering the electric vehicle battery metal from existing bromine operations, its CEO said on…
By Stephen Nellis (Reuters) - Apple on Thursday forecast that a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter. Apple shares dropped about 2%…
(Reuters) - Advanced Micro Devices's shares fell about 6% on Wednesday as analysts raised concerns that the chip designer's targets for an artificial intelligence (AI) ramp-up may be too ambitious. The fall came amid a broader sell-off in the tech…
By Kailyn Rhone (Reuters) - From robotic grills to faster blenders with custom ice and milk dispensers, major U.S. restaurant chains including Starbucks, Domino's, and Chipotle are touting new technologies to automate production, cut labor costs and potentially boost profit…
By Yuvraj Malik (Reuters) -Apple is likely to report a dip in iPhone sales in the April-June quarter as shoppers held out for a new model in a slow economy, making it important for the company to detail how it…
By Safiyah Riddle (Reuters) - Record-breaking heat waves across the U.S. forced small businesses to close early in July, according to a report released on Tuesday, and reduced paid working hours for employees as dangerous temperatures reshape consumer behavior. Hundreds…
By Sheila Dang (Reuters) -X owner Elon Musk and Chief Executive Linda Yaccarino will both oversee the trust and safety team at the company formerly known as Twitter, the social media concern said on Monday. X's product and engineering team…
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) - All three major U.S. indexes ended the week with gains, after a slew of Big Tech earnings, economic data and central bank announcements boosted investor confidence in a soft landing for…
By Lisa Baertlein and Anthony Deutsch LOS ANGELES/AMSTERDAM (Reuters) - Electric vehicles are crisscrossing the globe to reach their eager buyers, but the battery technology involved in the zero- emission automobiles is exposing under-prepared maritime shippers to the risk of…