/cloudfront-us-east-2.images.arcpublishing.com/reuters/XGMPR4UPUZPCFO5XINR5AOAIVY.jpg)
SAN FRANCISCO, Dec 27 (Reuters) – Tesla buyers who waited months for their new car have had an unusual choice for much of the past two years: keep the new electric vehicle, or sell it at a profit to someone with less patience. But the days of the Tesla flip are numbered – a potential … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/VXZIT5SJANOFHOM6UUV4LZANR4.jpg)
Dec 22 (Reuters) – Used-car retailer CarMax Inc (KMX.N) said on Thursday it was pausing some hiring, halting share buybacks and cutting expenses after reporting an 86% drop in third-quarter profit as the industry struggles to offload inventory amid waning demand. The company’s shares fell as much as 12% to $52.10 and were at more … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/566XFHVXRNLAXPAY3UHI2MFKSA.jpg)
SHANGHAI/SAN FRANCISCO, Dec 21 (Reuters) – Tesla Inc’s (TSLA.O) China chief Tom Zhu and a team of his reports have been brought in to troubleshoot production issues in the United States, fueling talk among colleagues he is being groomed for a bigger role at a time when Chief Executive Elon Musk has been distracted by … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/O5SLLZWS7BM4JO5M6R5KK2ZXLY.jpg)
German, Chinese and S.Koreans head to Hungary They dominate auto investment and subsidies Orban’s Hungary keen to court foreign business BERLIN/BUDAPEST, Dec 13 (Reuters) – German automakers and Asian battery suppliers are getting together in Hungary in a multi-billion-dollar marriage of convenience to drive their electric ambitions. The companies are flocking to central Europe, where … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/RXQXQBR4WNKH5OQZRGC2O5VZTA.jpg)
WASHINGTON, Nov 28 (Reuters) – The Pentagon is considering a Boeing proposal to supply Ukraine with cheap, small precision bombs fitted onto abundantly available rockets, allowing Kyiv to strike far behind Russian lines as the West struggles to meet demand for more arms. U.S. and allied military inventories are shrinking, and Ukraine faces an increasing … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/TULW3NW325O5LAZEONVT3WXAJQ.jpg)
Oct 31 (Reuters) – Some euro zone countries have eased rules for the banks that manage the trading of their government debt to help them cope with some of the most challenging market conditions in years, officials told Reuters. Out of 11 major euro area debt agencies Reuters contacted, officials in the Netherlands and Belgium … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/WWSNDUO46JPIHMZLGYLX5S6FKQ.jpg)
SAN FRANCISCO, Sept 30 (Reuters) – Tesla (TSLA.O) CEO Elon Musk has said a robot business will be worth more than its cars, and on Friday investors, customers and potential workers expect to see a prototype at Tesla’s “AI Day” that could prove whether the bot named “Optimus” is ready for work. The robot will … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/U6LJYY5RTVPCRK3ZS3IGHWIYCY.jpg)
Median annual price for new U.S. drugs this year is $257,000 Eight of 13 drugs launched in 2022 priced over $200,000 per year Some drugmakers disclose less information on pricing Aug 15 (Reuters) – Drugmakers are launching new medicines at record-high prices this year, a Reuters analysis has found, highlighting their pricing power even as … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/4DFH5PKN7FPUBIIQK5U4YKKEQQ.jpg)
June 22 (Reuters) – One by one, over the last week of May, Twitter Inc (TWTR.N) rang up some members of its incoming class of new hires who had recently graduated from college and revoked the job offers in 15-minute calls, according to some of the recipients. “It was traumatic,” Iris Guo, an incoming associate … Read more
/cloudfront-us-east-2.images.arcpublishing.com/reuters/AVONFYZSYJIVNISYYN7UR6EUUI.jpg)
LONDON/BERLIN, May 30 (Reuters) – The humble wire harness, a cheap component that bundles cables together, has become an unlikely scourge of the auto industry. Some predict it could hasten the downfall of combustion cars. Supplies of the auto part were choked by the war in Ukraine, which is home to a significant chunk of … Read more