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Waymo partners with Magna for new vehicle factory in Arizona
May 5 (Reuters) - Alphabet's GOOGL.O self-driving unit Waymo said on Monday that it plans to build Jaguar I-PACE and Zeekr vehicles with its autonomous technology at a new plant in Arizona as soon as this year, with Canadian auto parts supplier partner Magna International MG.TO. Waymo, which sta...Reuters
Tue, May 6
Other
Elon Musk to keep lawsuit against OpenAI despite nonprofit control statement, lawyer says
May 5 (Reuters) - Elon Musk plans to proceed with his highly-watched lawsuit against OpenAI, his lawyer Marc Toberoff said on Monday, hours after the AI startup dialed back its earlier plan to remove control by its non-profit arm.Under OpenAI's newly proposed plan, its non-profit parent would co...Reuters
Tue, May 6
Other
Trump administration freezes future grants to Harvard
Trump administration demands policy changes from HarvardHarvard rejects demands, sues over $2.3 billion funding cutHarvard's $53 billion endowment often restricted for specific usesBy Gram Slattery and Jarrett Renshaw WASHINGTON, May 5 (Reuters) - The U.S. Department of Education informed Har...Reuters
Tue, May 6
Stocks
LG Display to Showcase World's Best Solutions for Future Mobility at SID Display Week 2025
SEOUL, South Korea, May 6, 2025 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that it will participate in SID Display Week 2025, the world's largest display exhibition, where it will showcase next-generation automotive displays. LG Display...PR Newswire
Tue, May 6
Cryptocurrencies
MUTM Is Exactly Where Early ADA Was in 2020 — Analysts Forecast a $1 Target From $0.025
In the cryptocurrency world, timing has always been a major factor in determining returns. History shows that many of the biggest gains came not from chasing hype, but from recognizing fundamentals before the crowd. Cardano (ADA) was once that quiet opportunity, trading below $0.05 back in early 2020 — before going on a multi-year rally […]Cryptopolitan
Tue, May 6
Other
Hong Kong DIY watch brand sets sights on Europe amid Trump tariffs
By Jessie Pang and Carol Mang HONG KONG, May 6 (Reuters) - When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and mainland China to enter the United States free of duties, Quinn Lai felt it was "game over" for his...Reuters
Tue, May 6
Other
US judge orders North Carolina to certify Democrat winner of court election
By Nate Raymond May 5 (Reuters) - A federal judge ordered North Carolina's election board on Monday to not throw out any ballots cast by voters in November in a close race for a seat on the state's Supreme Court and to certify a sitting Democratic justice's electoral victory.Chief U.S...Reuters
Tue, May 6
Economic Indicator
AUD/USD trades around 0.6450 after pulling back from five-month highs
AUD/USD is retreating from a five-month high of 0.6493 reached on Monday, slipping to around 0.6450 during the Asian session on Tuesday. The decline comes as the US Dollar (USD) strengthens ahead of the Federal Reserve’s (Fed) upcoming monetary policy decision on Wednesday.
Fxstreet
Tue, May 6
Stocks
PRECIOUS-Gold hits one-week high on safe-haven demand, Fed decision loom
May 6 (Reuters) - Gold prices climbed to a one-week high on Tuesday as rising concerns over U.S. President Donald Trump's tariff plans boosted safe-haven demand, while investors also kept a close tab on the upcoming Federal Reserve policy meeting.FUNDAMENTALS* Spot gold XAU= rose 0.1% to $3,337....Reuters
Tue, May 6
Stocks
Trump tariff order on movies leaves film industry flummoxed
LOS ANGELES/WASHINGTON, May 5 (Reuters) - The entertainment industry reacted with alarm and bafflement on Monday after President Donald Trump said he would impose a 100% tariff on all movies produced outside the U.S., but issued few details on just how such a levy would work.Reuters
Tue, May 6
Other
US Defense Secretary Hegseth to slash senior-most ranks of military
Hegseth has been vocal about need to reduce top ranks of militaryHegseth's Pentagon has already cut senior military and civilian officialsCuts could come from combining different parts of militaryBy Idrees Ali and Phil Stewart WASHINGTON, May 5 (Reuters) - U.S. Defense Secretary Pete Hegseth ...Reuters
Tue, May 6
Commodities
CIF/FOB Gulf Grain-Corn export premiums firm, soy premiums soften
CHICAGO, May 5 (Reuters) - Export premiums for corn shipped from the U.S. Gulf firmed on Monday, reflecting brisk export demand for the grain, while soybean export premiums eased, according to traders.Weekly export inspections data underscored robust demand for U.S. corn. The U.S. Department of Agri...Reuters
Tue, May 6
Stocks
S&P 500, Nasdaq slip after latest Trump tariff salvo
NEW YORK, May 5 (Reuters) - The S&P 500 and the Nasdaq fell modestly on Monday as investors assessed U.S. President Donald Trump's latest tariff announcement ahead of the Federal Reserve's monetary policy decision later this week.Reuters
Tue, May 6
Economic Indicator
Colombia central bank raises 2025 inflation prediction
BOGOTA, May 5 (Reuters) - Colombia's central bank raised its inflation prediction for this year to 4.4% from 4.1% in its monetary policy report on Monday, further above its inflation target of 3%. The report from the bank's technical team maintained the previous forecast for 2026 year-end in...Reuters
Tue, May 6
Commodities
Israel strikes Yemen's Hodeidah Port after Houthi attack on Israeli airport
Israeli airstrikes hit Hodeidah after Houthi missile attackNetanyahu vows retaliation for attack near main Israeli airportHouthis say attacks in solidarity with PalestiniansBy Mohammed Ghobari, Jaidaa Taha and Menna AlaaElDin ADEN/CAIRO, May 5 (Reuters) - The Israeli military said it carried out ...Reuters
Tue, May 6
Other
Trump's tariffs, tax cuts, deregulation will drive US growth, investment, Bessent says
WASHINGTON, May 5 (Reuters) - U.S. Treasury Secretary Scott Bessent on Monday said President Donald Trump's tariff, tax-cut and deregulation agenda would work together to drive long-term investment to the U.S. economy, adding that U.S. financial markets were "anti-fragile" and would weather any shorReuters
Tue, May 6
Other
Controllers lost contact with Newark airplanes for 30 seconds last week, USDOT says
By David Shepardson WASHINGTON, May 5 (Reuters) - Air traffic controllers overseeing planes at Newark International Airport in New Jersey lost contact with aircraft for 30 seconds last week, U.S. Transportation Secretary Sean Duffy said on Monday."The primary communication line went down,...Reuters
Tue, May 6
Stocks
S&P 500 snaps 9-session win streak after latest Trump tariff
NEW YORK, May 5 (Reuters) - The S&P 500 fell to snap its longest streak of gains in 20 years on Monday as investors assessed U.S. President Donald Trump's latest tariff announcement ahead of the Federal Reserve's monetary policy decision later this week.Reuters
Tue, May 6
