Fed likely to punt rate hike into the summer wind

(Reuters) – The Federal Reserve is expected to leave interest rates unchanged on Wednesday for the first time since the…

US requires new passenger planes have secondary flight deck barrier

(Reuters) – The Federal Aviation Administration (FAA) said on Wednesday it is requiring that new passenger airplanes have a secondary…

Shell boosts dividend, steadies oil output under new CEO’s plan

(Reuters) – Shell said it will ramp up its dividend and share buybacks while keeping oil output steady into 2030,…

Tesla curbs electric Semi production citing supply constraints

Tesla (NASDAQ:TSLA) CEO Elon Musk revealed Tuesday that the electric vehicle giant production of its Class 8 EV semi-truck would…

Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.04%

Saudi Arabia stocks were higher after the close on Wednesday, as gains in the Agriculture & Food, Hotels & Tourism…

Tesla aims to extend record win streak to 14 consecutive sessions

Shares of electric vehicle company Tesla Inc. (NASDAQ:TSLA) continue to rise in pre-market trading Wednesday morning, increasing the possibility of…

Stellantis is evaluating Tesla NACS charging connectors

Stellantis NV (NYSE:STLA) revealed Tuesday that the Franco-American automaker continues to evaluate Tesla’s (NASDAQ:TSLA) charging standard after Ford Motor Co…

Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?

(Reuters) – Chip designer Nvidia (NASDAQ:NVDA) closed Tuesday with a trillion-dollar market value for the first time, part of a…

Volkswagen passenger cars targeting 10 billion euros higher earnings via cost cuts

(Reuters) – Volkswagen (ETR:VOWG_p)’s passenger car brand aims to increase earnings by around 10 billion euros ($10.82 billion) by 2026…

Toyota shareholders vote down climate resolution, show support for management

Toyota (NYSE:TM) shareholders handed the Japanese company a win at their shareholder’s meeting today when investors voted down a resolution…