By Timothy Gardner WASHINGTON (Reuters) -The Biden administration is offering $12 billion in grants and loans for auto makers and suppliers to retrofit their plants to produce electric and other advanced vehicles, Energy Secretary Jennifer Granholm said on Thursday. "While…
By Stephen Nellis and Max A. Cherney (Reuters) -The U.S. expanded the restriction of exports of sophisticated Nvidia and Advanced Micro Devices artificial-intelligence chips beyond China to other regions including some countries in the Middle East. Nvidia said in a…
By Shristi Achar A and Noel Randewich (Reuters) - Wall Street ended sharply higher on Tuesday, lifted by Tesla, Nvidia and other megacap growth stocks after a drop in monthly job openings cemented expectations of a pause in interest rate…
By Stephen Culp NEW YORK (Reuters) - Wall Street ended higher and U.S. Treasury yields retraced earlier gains on Monday, capping the first session of a week likely to be light in volume but heavy with economic data that could…
(Reuters) -Bruised bond market investors will seek some solace from U.S. jobs data and European inflation numbers out in the week to come, while China is battling to shore up its markets and economy, and the outlook for grains is…
By Anirban Sen and Abigail Summerville NEW YORK (Reuters) -Hostess Brands Inc, the maker of Twinkies snack cakes, is exploring a sale after fielding takeover interest from major snack food makers, people familiar with the matter said on Friday. Hostess…
By Julie Zhu, Fanny Potkin, Eduardo Baptista and Michael Martina HONG KONG/SINGAPORE/WASHINGTON (Reuters) - For a decade until 2018, China sought to recruit elite foreign-trained scientists under a lavishly funded program that Washington viewed as a threat to U.S. interests…
By Jonathan Stempel NEW YORK (Reuters) - Investors who lost money when Elon Musk tweeted about taking his electric car company Tesla private may soon collect from a $42.3 million fund set up when Musk settled federal securities fraud charges.…
By Ananya Mariam Rajesh and Aishwarya Venugopal (Reuters) -Latest results and forecasts from retailers ranging from Macy's to Foot Locker are fresh signs that U.S. consumer spending is under stress heading into the second half of the year. Middle-income Americans…
By Kate Holton and Paul Sandle LONDON (Reuters) -"Call of Duty" maker Activision Blizzard will sell its streaming rights to Ubisoft Entertainment in a fresh attempt to win approval from Britain's anti-trust regulator for its $69 billion sale to Microsoft.…