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Amazon's Zoox to scale up robotaxi production for US expansion, FT reports
May 7 (Reuters) - Amazon's AMZN.O self-driving start-up Zoox will increase production next year as it ramps up plans for a commercial rollout of its robotaxi fleet in the U.S., the Financial Times reported on Wednesday.The company will open a new site in California's Bay Area to expand its f...Reuters
Wed, May 7
PRESS DIGEST - Wall Street Journal - May 7
May 7 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - SpaceX received the Federal Aviation Administration's approval on Tuesday to increase the annual rate of Starship rocket launches from...Reuters
Wed, May 7
Mitsubishi Motors Says Confirms All-New Battery-Electric Vehicle Will Be Sold In North America Starting Summer 2026
May 7 (Reuters) - Mitsubishi Motors Corp 7211.T:MITSUBISHI MOTORS - MITSUBISHI MOTORS CONFIRMS ALL-NEW BATTERY-ELECTRIC VEHICLE WILL BE SOLD IN NORTH AMERICA STARTING SUMMER 2026Reuters
Wed, May 7
Brown Advisory Opens Office In Abu Dhabi Global Market - Statement
May 7 (Reuters) - BROWN ADVISORY:BROWN ADVISORY OPENS OFFICE IN ABU DHABI GLOBAL MARKET tO MEET GROWING REGIONAL DEMAND FOR ITS U.S. AND GLOBAL INVESTMENT STRATEGIES - STATEMENTBROWN ADVISORY’S JACK WEATHERBY, HAS RELOCATED TO ABU DHABI AND BECOMES HEAD OF MIDDLE EAST- STATEMENTReuters
Wed, May 7
Amazon's Zoox to scale up robotaxi production for US expansion, FT reports
May 7 (Reuters) - Amazon's AMZN.O self-driving start-up Zoox will scale up production next year as it accelerates plans for a commercial rollout of its fleet of robotaxis in the U.S., the Financial Times reported on Wednesday.The company will open a new site in California's Bay Area to expan...Reuters
Wed, May 7
PREVIEW-Toyota's earnings buffered by demand for its hybrids, but US tariff hit looms
US tariff impact on Toyota's FY2025 profit forecast in focusFY2025 operating profit may face 800 billion yen tariff hit, says analystFY2024 Q4 operating profit expected to show first y/y rise in three quartersBy Daniel Leussink TOKYO, May 7 (Reuters) - Robust demand for hybrids is expected to...Reuters
Wed, May 7
Trump calls rising India-Pakistan tension a shame; Rubio speaks to both sides
Rubio speaks to national security advisers on both sidesTrump says he hoped for quick end to India-Pakistan tensionUS has held talks with both sides in recent daysWashington is close partner of India, ally of PakistanBy Steve Holland and Kanishka Singh WASHINGTON, May 6 (Reuters) - U.S. President...Reuters
Wed, May 7
SNAPSHOT-What has happened in India and Pakistan as they fight over Kashmir killings
NEW DELHI, May 7 (Reuters) - India launched strikes on Pakistan and Pakistani Kashmir on Wednesday, an assault Pakistan has called a "blatant act of war" as tensions spiral between the nuclear-armed rivals after a deadly attack on tourists in Indian Kashmir. WHAT IS OPERATION SINDOOR?India s...Reuters
Wed, May 7
Eight migrants thought lost at sea found alive in southern California
By Steve GormanLOS ANGELES, May 6 (Reuters) - Eight migrants thought to have been lost at sea off California after their boat capsized, have been found alive, ending a human smuggling drama that left four people dead, including two children from the same Indian family, U.S. officials said on Tuesday...Reuters
Wed, May 7
SNAPSHOT-What happened in India's attack on Pakistan over Kashmir tourists killings?
NEW DELHI, May 7 (Reuters) - India launched strikes on Pakistan and Pakistani Kashmir on Wednesday, an assault Pakistan has called a "blatant act of war" as tensions escalate between the arch rivals after a deadly attack on tourists in Indian Kashmir. WHAT IS OPERATION SINDOOR? India said...Reuters
Wed, May 7
Three fighter jets crashed in India's Jammu and Kashmir, local govt sources say
SRINAGAR, May 7 (Reuters) - Three fighter jets crashed in India's Jammu and Kashmir territory on Wednesday, four local government sources told Reuters, hours after India said it struck nine Pakistani "terrorist infrastructure" sites across the border.A Pakistani military spokesperson tol...Reuters
Wed, May 7
UN chief concerned about Indian military actions in Pakistan, urges restraint
By David Brunnstrom and Kanishka Singh May 6 (Reuters) - United Nations Secretary-General Antonio Guterres was very concerned about Indian attacks in Pakistan and Pakistan-administered Kashmir, his spokesperson said on Tuesday while calling for maximum military restraint from both nuclear-armed A...Reuters
Wed, May 7
Tesla launches cheaper Model Y vehicle in the US
May 6 (Reuters) - Tesla TSLA.O launched a cheaper version of its Model Y vehicle in the United States on Tuesday.The new long range rear-wheel drive version costs about $44,990, before a $7,500 federal tax credit, the electric vehicle maker's website showed. Including the tax credit, the new veh...Reuters
Wed, May 7
QUOTES-Trump, others react to Indian strikes in Pakistan after Kashmir attack
NEW DELHI, May 7 (Reuters) - India said it attacked Pakistan early on Wednesday following a deadly attack on tourists in Kashmir last month. Pakistan reported eight deaths and said it was responding to the Indian strikes.This is what global leaders have said about the latest hostilities between the ...Reuters
Wed, May 7
Motor racing-Piastri expresses sympathy for under-fire compatriot Doohan
SYDNEY, May 7 (Reuters) - Formula One championship leader Oscar Piastri has expressed his sympathy for fellow Australian Jack Doohan, the rookie driver who looks set to be dropped by the Alpine team before next week's Emilia Romagna Grand Prix.The resignation of Oliver Oakes and his replacement ...Reuters
Wed, May 7
Taiwan's EVA Air to adjust Europe flights due to Pakistan-India conflict
TAIPEI, May 7 (Reuters) - Taiwan's EVA Air 2618.TW said on Wednesday that it will adjust its flights to and from Europe to avoid airspace affected by fighting between India and Pakistan for safety reasons.One flight from Vienna will be diverted back to that city, while a flight from Taipei to Mi...Reuters
Wed, May 7
Four housekeepers accuse Smokey Robinson of sexual assault
By Daniel TrottaMay 6 (Reuters) - Four anonymous housekeepers sued legendary Motown singer and songwriter Smokey Robinson on Tuesday for $50 million, alleging that he sexually assaulted them for years while his wife covered up the abuse and contributed to a hostile work environment.Representatives f...Reuters
Wed, May 7
US reviews occupation of University of Washington building by pro-Palestinian protesters
By Kanishka Singh WASHINGTON, May 6 (Reuters) - The U.S. government said on Tuesday it will review an incident at the University of Washington in which pro-Palestinian protesters occupied a university building while demanding the school cut ties with Boeing BA.N over its contracts with the Israel...Reuters
Wed, May 7
OpenAI plans to slash revenue share to Microsoft, The Information reports
May 6 (Reuters) - OpenAI has told investors it will share a smaller fraction of revenue with Microsoft MSFT.O, The Information reported on Tuesday. The percentage would drop by at least half by the end of this decade, the report said.Reuters
Wed, May 7
