News
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Uber teams up with May Mobility to launch robotaxis in U.S. cities
May 1 (Reuters) - Uber Technologies UBER.N said on Thursday it will partner with self-driving technology startup May Mobility to deploy thousands of self-driving vehicles on its ride-hailing platform across U.S. cities, starting with Arlington, Texas, by late 2025.This adds to Uber's growing lis...Reuters
Thu, May 1
Democratic lawmakers call for review of Musk's role in Golden Dome missile defense shield
Lawmakers question Musk's influence in Golden Dome bidding processConcerns over SpaceX's proposed subscription model for missile defensePentagon reviewing lawmakers' request for investigation into Musk's roleBy Marisa Taylor, Mike Stone WASHINGTON, May 1 (Reuters) - A group of 42 ...Reuters
Thu, May 1
Citadel's flagship fund Wellington up 1.3% in April, source says
By Carolina MandlNEW YORK, May 1 (Reuters) - Citadel's flagship fund Wellington was up 1.3% in April, as it navigated a tumultuous month, a source familiar with the matter said on Thursday.Other Citadel funds also posted positive performances last month. The tactical trading fund rose 1.9%, whil...Reuters
Thu, May 1
Microsoft preparing to host Musk's Grok AI model, The Verge reports
May 1 (Reuters) - Microsoft MSFT.O is getting ready to host Elon Musk's Grok AI model, The Verge reported on Thursday citing a source familiar with the plans. The tech giant has been in discussions with Musk's AI startup xAI in recent weeks to host the Grok model and make it available to cus...Reuters
Thu, May 1
Kimberly-Clark To Invest $2 Billion In U.S. Manufacturing Sites-WSJ
May 1 (Reuters) - KIMBERLY-CLARK TO INVEST $2 BILLION IN U.S. MANUFACTURING SITES-WSJKIMBERLY-CLARK SAID IT EXPECTS TO CREATE MORE THAN 900 JOBS IN INDUSTRIAL AUTOMATION AND ADVANCED MANUFACTURING - WSJSource text: [https://tinyurl.com/32smztww]Reuters
Thu, May 1
Three VPs to leave TD Bank's anti-money laundering team as new chief makes changes
By Nivedita Balu TORONTO, May 1 (Reuters) - Three vice presidents at Canadian lender TD Bank's TD.TO financial crime risk management team will be leaving the team as a part of changes new global anti-money laundering chief Jacqueline Sanjuas is making, according to a memo seen by Reuters.Sanj...Reuters
Thu, May 1
Schonfeld's flagship fund gained 1.1% in april, source say
NEW YORK, May 1 (Reuters) - Schonfeld's flagship fund Strategic Partners gained 1.1% in April and is now up 3.2% in the year, a source familiar with the matter said.As a multi-strategy fund, Schonfeld is able to invest in different asset classes worldwide.Reuters
Thu, May 1
Nvidia raised concerns about Huawei's growing AI capabilities to US lawmakers
SAN FRANCISCO, May 1 (Reuters) - Nvidia CEO Jensen Huang discussed concerns with Huawei Technologies Co.'s growing artificial intelligence capabilities with U.S. lawmakers, according to a senior congressional committee staff source.The issues were raised during a closed-door meeting between Nvi...Reuters
Thu, May 1
US audit watchdog chief defends embattled organization's work
By Chris Prentice NEW YORK, May 1 (Reuters) - The chair of the U.S. accounting watchdog on Thursday warned against drastic changes to oversight of public companies' auditors, a day after Republican lawmakers advanced legislation to effectively eliminate the group.Erica Williams, chair of the ...Reuters
Thu, May 1
Olympics-American athletes will relish LA Olympic 'home Games', says Felix
By Rory Carroll LOS ANGELES, May 1 (Reuters) - American athletes at the Los Angeles Games in 2028 will have the rare opportunity to compete at an Olympics on home soil and those considering retirement may not be able to resist sticking around for the chance, Olympic legend Allyson Felix said. Fel...Reuters
Thu, May 1
US offers incentives to boost air traffic hiring, retention
By David Shepardson WASHINGTON, May 1 (Reuters) - The U.S. Transportation Department said on Thursday that it is taking steps to retain and recruit more air traffic controllers to address a significant staffing shortage.The Federal Aviation Administration, which said in March it planned to hire 2...Reuters
Thu, May 1
Epic Games' Cravath team wins fees in Apple contempt ruling
By Mike Scarcella May 1 (Reuters) - (Billable Hours is Reuters' weekly report on lawyers and money. Please send tips or suggestions to D.Thomas@thomsonreuters.com)A federal judge's contempt ruling against Apple AAPL.O has created a major new legal headache for the iPhone maker, and also r...Reuters
Thu, May 1
Toyota Motor North America Reported April 2025 U.S. Sales Of 233,045 Vehicles
May 1 (Reuters) - TOYOTA MOTOR NORTH AMERICA: TOYOTA MOTOR NORTH AMERICA: REPORTED APRIL 2025 U.S. SALES OF 233,045 VEHICLES, UP 10.0% ON A VOLUME BASISTOYOTA MOTOR NORTH AMERICA: APRIL 2025 U.S. ELECTRIFIED SALES TOTALED 111,538 VEHICLES, UP 44.4% ON A VOLUME BASISReuters
Thu, May 1
Pathos AI Says It Has Raised $283 Mln In Equity Financing From Total Offering Amount Of $400 Mln
May 1 (Reuters) - PATHOS AI, INC: PATHOS AI, INC: SAYS IT HAS RAISED $283 MILLION IN EQUITY FINANCING FROM TOTAL OFFERING AMOUNT OF $400 MILLION - SEC FILINGSource text: [ID:n0001967854-25-000001]Reuters
Thu, May 1
Motor racing-Verstappen awaits birth of first child, misses Miami media day
MIAMI, May 1 (Reuters) - Four times Formula One world champion Max Verstappen was withdrawn from scheduled media commitments at the Miami Grand Prix on Thursday as the Red Bull driver awaited the birth of his first child.The 27-year-old's partner is Kelly Piquet, daughter of Brazil's triple ...Reuters
Thu, May 1
US EPA research in limbo as scientists brace for massive job cuts
Kolibri sensor project at risk due to EPA reorganization, sources sayUp to 75% of EPA ORD staff face layoffs, internal documents showEPA scientists report stalled research amid budget cuts and uncertaintyAgency Administrator says ORD plans still being discussedBy Valerie Volcovici and Tim McLaughlin...Reuters
Thu, May 1
CORRECTED-PepsiCo's Gatorade defeats banned sprinter's lawsuit over 'recovery gummies'
By Jonathan Stempel NEW YORK, April 28 (Reuters) - PepsiCo's PEP.O Gatorade unit on Monday won the dismissal of a lawsuit by sprinter Issam Asinga, who blamed his four-year doping ban on eating "recovery gummies" contaminated by a performance-enhancing drug.U.S. District Judge Cathy S...Reuters
Thu, May 1
