Apr 17, 2023
California city can’t enforce natural gas ban, appeals court says

By Clark Mindock NEW YORK (Reuters) -Berkeley, California, cannot ban natural gas hookups in new buildings because a U.S. federal law preempts its rule, a federal appeals court said Monday, siding with a challenge the state's restaurant industry made. The…

Apr 14, 2023
Factbox-Tesla cuts more prices in a bid to spur demand

(Reuters) - Tesla Inc on Friday slashed prices of its electric vehicles in Europe, Israel and Singapore, extending a global discount drive it began in China in January while raising concern about its industry-leading profit margin. Following are details of…

Apr 13, 2023
US labor market gradually losing steam; producer inflation cooling

By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits increased more than expected last week, further evidence that labor market conditions were gradually easing as higher borrowing costs dampen demand in the economy.…

Apr 12, 2023
Discord says it is cooperating in probe of classified material breach

By Raphael Satter WASHINGTON (Reuters) - Instant messaging platform Discord said on Wednesday it was cooperating with U.S. law enforcement's investigation into a leak of secret U.S. documents that has grabbed attention around the world. The statement comes as questions…

Apr 11, 2023
Cryptoverse: Ethereum upgrade to unlock $33 billion

By Medha Singh and Lisa Pauline Mattackal (Reuters) - Investors are finally set to gain access to more than $33 billion of ether this week under a planned revamp of the blockchain. A new software upgrade to the Ethereum blockchain,…

Apr 10, 2023
Wall Street ends mixed with inflation data, earnings on tap

By Stephen Culp NEW YORK (Reuters) - U.S. stock indexes clawed back from steep losses to a mixed close on Monday as investors digested Friday's employment report and prepared for an eventful week of inflation data and bank earnings. Megacap…

Apr 07, 2023
US weighs action against Russian cybersecurity firm Kaspersky Lab -WSJ

(Reuters) - The U.S. Department of Commerce is weighing an enforcement action against Russian cybersecurity company Kaspersky Lab, the Wall Street Journal reported on Friday citing people familiar with the matter. President Joe Biden's administration is looking at an enforcement…