By Richard Cowan and Moira Warburton WASHINGTON (Reuters) -Nancy Pelosi, the trailblazing Democrat who as the first woman U.S. House of Representatives speaker shepherded landmark legislation and led two impeachments, said on Thursday she will give up her leadership role…
(Reuters) -Cryptocurrency lender Genesis was seeking an emergency loan of $1 billion from investors before it suspended withdrawals on its website, the Wall Street Journal reported on Thursday, citing a confidential fundraising document. The document viewed by the Journal cites…
(Corrects paragraph 2 in Nov. 15 story to show Amazon Pharmacy sells only prescription drugs, not over-the-counter drugs) (Reuters) -Amazon.com Inc on Tuesday launched Amazon clinic, a virtual platform where users can connect with healthcare providers to help treat common…
By Nick Carey and Paul Lienert (Reuters) - U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China's battery dominance, ease looming supply bottlenecks and lead…
By Tom Hals WILMINGTON, Del (Reuters) - A Tesla Inc director and a former executive took the stand on Monday and defended Elon Musk's $56 billion pay package against a shareholder's claims that the entrepreneur dictated terms of the deal…
By Akash Sriram (Reuters) - Every time Lucid Group Inc or Rivian Automotive Inc sells an electric car, they are losing hundreds of thousands of dollars due to staggering raw material and production costs, their latest earnings statements showed. Quarterly…
SHANGHAI (Reuters) - Tesla has considered plans for exporting made-in-China electric vehicles to the United States and Canada, two people with knowledge of the planning told Reuters, a step that would connect its largest factory to North America, its largest…
By Angus Berwick and Tom Wilson (Reuters) - On Tuesday morning, Sam Bankman-Fried, owner of cryptocurrency exchange FTX, caught his employees off-guard with a somber message. "I’m sorry,” he told them. “I fucked up.” The reason for the mea culpa:…
By Eva Mathews (Reuters) -Shares in Walt Disney Co closed 13% lower, its biggest one-day loss since 2001, on Wednesday, as ballooning costs at the entertainment giant's fast-growing streaming division cast a shadow on strong subscriber additions. Shares of the…
By Hyunjoo Jin SAN FRANCISCO (Reuters) -Tesla Inc shares slid to their lowest level in nearly two years on Wednesday after Chief Executive Elon Musk disclosed he sold another $3.95 billion worth of shares in the electric-vehicle maker. Shares ended…