(This June 6 story corrects deal price to $54.20 per share from $52.20 in paragraph 4) By Nivedita Balu (Reuters) - Elon Musk warned Twitter Inc on Monday that he might walk away from his $44 billion deal to acquire…
By Ben Klayman and Joseph White (Reuters) - Tesla CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary in the coal mine" moment, signaling a recession for an industry whose bosses have shown no…
(Reuters) - More than 46,000 people reported losing over $1 billion in cryptocurrency scams since the start of 2021, the Federal Trade Commission (FTC) said in a report on Friday. Nearly half the people who reported losing digital currencies in…
By David Shepardson (Reuters) -The U.S. Postal Service (USPS) said on Wednesday it is seeking to boost the number of electric delivery vehicles it plans to buy as it modernizes its network for a new delivery plan. The USPS currently…
By Leah Douglas WASHINGTON (Reuters) -The Biden administration announced on Wednesday more than $2.1 billion in funding to shore up weaknesses in the country's food supply system exposed during the COVID-19 pandemic and the aftermath of the Russian invasion of…
By Paul Lienert and Ben Klayman (Reuters) - Ford Motor Co needs to overhaul its century-old business model - from slashing advertising spending to reworking its dealer network - if it is to earn enough profit on electric vehicles to…
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer confidence eased modestly in May as persistently high inflation and rising interest rates force Americans to become more cautious about buying big ticket items, including motor vehicles and houses, which could curtail…
By Iain Withers LONDON (Reuters) - The U.S. dollar resumed its slide on Monday as risk appetite across markets tentatively strengthened, supported by encouraging economic data and bets that the Federal Reserve will tighten policy at a slower pace. The…
By Mike Stone WASHINGTON (Reuters) -The U.S. Army said on Friday it has awarded a contract worth $625 million to Raytheon Technologies Corp for anti-aircraft Stinger missiles in order to replenish stocks sent to Ukraine. The shoulder-fired anti-aircraft Stinger missiles…
By Bianca Flowers and Joseph White BONDURANT, Iowa (Reuters) -Deere & Co has sold its tractors and other equipment to farmers for decades, but the world's largest agriculture machinery manufacturer is tearing a page from the technology world's playbook -…