Industry

  • EU will respond if Trump impose tariffs on European cars
    Eu_will_respond_if_trump_impose_tariffs_on_european_cars 2018-06-23 22:13:42 UTC
    PARIS (Reuters) - The European Union will respond to any U.S. move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest comments in an escalating trade row. U.S. President Donald Trump on Friday thre...
  • Tesla to close 14 solar facilities, cut jobs
    Tesla_to_close_14_solar_facilities__cuts_jobs 2018-06-22 04:44:58 UTC
    SAN FRANCISCO (Reuters) - Electric car maker Tesla Inc’s move last week to cut 9 percent of its workforce will sharply downsize the residential solar business it bought two years ago in a controversial $2.6 billion deal, according to three interna...
  • Canadian province of Quebec offers C$100 million in loans to companies hit by U.S. tariffs
    Canadian_province_of_quebec_offers_c_100_million_in_loans_to_companies_hit_by_u.s._tariffs 2018-06-11 22:15:23 UTC
    MONTREAL (Reuters) - The Canadian province of Quebec will offer C$100 million ($77.1 million) in loans and guarantees on loans to steel and aluminum companies hit by recent U.S. tariffs, the province’s economy minister said on Monday. Companies...
  • US TV show 'Roseanne' canceled after star's racist tweets
    Popular_us_tv_show_'roseanne'_canceled_after_star's_racist_tweet 2018-05-29 22:29:20 UTC
    LOS ANGELES (Reuters) - Walt Disney Co’s ABC network on Tuesday swiftly canceled the popular U.S. television comedy “Roseanne” after star Roseanne Barr incited outrage by comparing a black former Obama administration official to an ape in remarks ...
  • Tesla in 'Autopilot' mode crashes into parked police vehicle
    Tesla_in_'autopilot'_mode_crashes_into_parked_police_vehicle 2018-05-29 21:53:47 UTC
    WASHINGTON (Reuters) - The driver of a Tesla Inc (TSLA.O) vehicle crashed into an unoccupied, parked police vehicle in Laguna Beach, California, on Tuesday and the driver told investigators the Tesla was in “Autopilot” mode at the time, a police s...
  • T-Mobile, operated by Germany's Deutsche Telekom, to buy Sprint for $26 billion
    T-mobile__operated_by_germany's_deutsche_telekom__to_buy_sprint_for__26_billion 2018-04-29 18:11:58 UTC
    T-Mobile agreed to acquire Sprint in an all-stock deal for $26 billion that will combine the third and fourth largest U.S. wireless carriers and is expected to attract regulatory scrutiny. The agreement caps four years of on- and off- talks bet...
  • Inside Trump's 'Buy American' drive to expand weapons exports
    Inside_trump's_'buy_american'_drive_to_expand_weapons_exports 2018-04-17 17:49:24 UTC
    WASHINGTON (Reuters) - In a telephone call with the emir of Kuwait in January, U.S. President Donald Trump pressed the Gulf monarch to move forward on a $10 billion fighter jet deal that had been stalled for more than a year. Trump was acting o...
  • Facebook tracks people whether they have accounts or not
    Facebook_tracks_people_whether_they_have_accounts_or_not 2018-04-15 17:05:17 UTC
    SAN FRANCISCO (Reuters) - Concern about Facebook Inc’s (FB.O) respect for data privacy is widening to include the information it collects about non-users, after Chief Executive Mark Zuckerberg said the world’s largest social network tracks people ...
  • California Judge Rules Coffee Sellers Should Post Cancer Warnings
    California_judge_says_coffee_sellers_should_post_cancer_warnings 2018-03-30 08:53:52 UTC
    LOS ANGELES (AP) — Scientists haven’t rendered a verdict on whether coffee is good or bad for you but a California judge has. He says coffee sellers in the state should have to post cancer warnings. The culprit is a chemical produced in the bea...
  • Repeal the Second Amendment, Retired Supreme Court Justice Says
    Repeal_the_second_amendment 2018-03-27 19:09:32 UTC
    Retired Supreme Court Justice John Paul Stevens, responding to this past weekend's March For Our Lives in several cities, is proposing what some might call a radical solution to prevent further gun violence — repealing the Second Amendment. In ...
  • Zuckerberg: We made mistakes allowing Cambridge Analytica to take users' data
    Facebook-_we_made_mistakes_allow_cambridge_analytica_to_take_users'_data____50_million_users'_data__to_take_data_from_users 2018-03-21 21:56:42 UTC
    SAN FRANCISCO (Reuters) - Facebook Inc (FB.O) Chief Executive Mark Zuckerberg said on Wednesday that the social media company made mistakes that allowed data about users to end up with the analytics firm Cambridge Analytica and said the company wo...
  • Chinese carmaker Geely's profit more than doubled in 2017
    Chinese_carmaker_geely's_profit_more_than_doubled_in_2017 2018-03-21 07:58:51 UTC
    SHANGHAI (Reuters) - Chinese carmaker Geely Automobile Holdings Ltd, whose chairman recently took a $9 billion stake in Germany’s Daimler AG, said on Wednesday its profits more than doubled in 2017, driven by strong domestic sales of popular SUVs....
  • China pushing new energy vehicles to boost its global presence
    China_pushing_new_energy_vehicles_to_boost_its_global_presence 2018-03-20 07:23:59 UTC
    SHANGHAI (Reuters) - Delegates to China’s annual meeting of parliament have urged the state to provide more policy clarity for the electric car industry and overhaul a local government subsidy program they say has distorted the market. China is...
  • US film studio 'The Weinstein Company' filed for bankruptcy
    Us_film_and_tv_studio_the_weinstein_company_filed_for_bankruptcy 2018-03-20 07:04:02 UTC
    NEW YORK (Reuters) - U.S. film and TV studio The Weinstein Company, whose ex-Chairman Harvey Weinstein has been accused of sexual harassment and assault, said on Monday it filed for bankruptcy and was ending all non-disclosure agreements that may ...
  • Valuable Public Company: Amazon appears to beat Apple
    Valuable_public_company-_amazon_appears_to_beat_apple 2018-03-08 20:45:23 UTC
    SAN FRANCISCO (Reuters) - Apple Inc, the world’s most valuable publicly listed company, is in danger of being beaten by Amazon.com Inc to the $1 trillion mark. Wall Street’s optimism about last year’s 10th anniversary iPhone had propelled Apple...
  • German automakers outselling GM in South Korea
    German_automakers_outselling_gm_in_south_korea 2018-03-07 07:22:17 UTC
    Mercedes and BMW both sold more cars in South Korea than General Motors for the first time last month, helped by the growing popularity of German premium brands and as consumers shied away from GM after it announced a major restructuring. While...
  • BlackBerry sues Facebook, WhatsApp, Instagram over messaging patents
    Blackberry_sues_facebook__whatsapp__instagram_over_messaging_patents 2018-03-06 21:16:34 UTC
    BlackBerry filed a patent infringement lawsuit against Facebook and its WhatsApp and Instagram apps, arguing that they copied technology and features from BlackBerry Messenger. Litigation over patent infringement is part of BlackBerry Chief Ex...
  • 'The Shape of Water' Wins Oscar For Best Picture
    'the_shape_of_water'_wins_oscar_for_best_picture 2018-03-05 07:26:13 UTC
    LOS ANGELES (AP) — Against all odds, love won out at the 90th Academy Awards. Guillermo del Toro’s lavish, full-hearted monster romance “The Shape of Water” swam away with best picture at an Oscar ceremony flooded by a sense of a change for a m...
  • Federal judge dismisses lawsuit against Coca-Cola's Diet Coke "weight loss" ads
    Federal_judge_dismisses_lawsuit_against_coca-cola's_diet_coke_%22weight_loss%22_ads 2018-02-28 18:12:26 UTC
    (Reuters) - A federal judge has dismissed a lawsuit claiming that Coca-Cola Co’s advertising for Diet Coke misleads people into thinking that consuming the soft drink assists in weight loss, and that it actually causes weight gain. The plaint...
  • US cable provider 'Comcast' offers $31 billion for 'Sky'
    Us_cable_provider_comcast_offers__31_billion_for_sky 2018-02-27 08:46:42 UTC
    LONDON - Comcast Corp, the biggest cable operator in the United States, offered to pay $31 billion to buy Sky, the European pay-TV group that has agreed to be sold to Rupert Murdoch's Fox. Comcast, which owns NBC and Universal Pictures, said it...
  • US President Trump Wants Armed Teachers in Schools
    Us_president_trump_wants_armed_teachers_in_schools 2018-02-22 06:50:15 UTC
    WASHINGTON/TALLAHASSEE, Fla. (Reuters) - Students galvanized by the deadly mass shooting at a Florida high school confronted lawmakers on Wednesday with demands to restrict sales of assault rifles, while President Donald Trump suggested arming tea...
  • Netanyahu faces corruption and breach of trust charges
    Netanyahu_linked_to_a_'corrupt_deal'_with_german_steel_producer 2018-02-14 16:36:57 UTC
    How is the Israeli prime minister linked to an allegedly corrupt deal with German steel producer ThyssenKrupp? One is Israel's long-serving prime minister, the other is one of Germany's biggest industrial corporations, and now the two have been...
  • German workers win right to 28-hour week and 4.3% pay rise
    German_workers_win_right_to_28-hour_week_and_4.3__pay_rise 2018-02-12 10:19:03 UTC
    Berlin — German workers have won the right to a 28-hour week in a victory towards their fight for a better work-life balance. Industrial union IG Metall, Europe’s largest trade union, has won its workers the right to work the equivalent of unde...
  • Audi, VW and Porsche Develop Joint Electric Car Platform
    To_save_costs_audi__porsche__vw_develop_joint_electric_car_platform 2018-02-10 21:32:51 UTC
    FRANKFURT (Reuters) - Porsche and Audi, Volkswagen’s main luxury car divisions, plan to develop a joint platform for electric vehicles that will enable them significantly cut down on costs, German newspapers quoted their chief executives as saying...
  • Tennessee City Stumped by Trump's 'America First' Tariffs on Washing Machines
    Tennessee_city_stumped_by_trump's_'america_first'_tariffs_on_washing_machines 2018-01-29 21:29:06 UTC
    CLARKSVILLE, Tenn. (Reuters) - When President Donald Trump imposed steep tariffs on imported washing machines last week it was a “Not Again” moment for officials in this north Tennessee city that has lost jobs to an international trade dispute bef...