(Reuters) – Top U.S. independent oil producer ConocoPhillips said on Friday it received a second request from the U.S. Federal Trade Commission for information on
Category: Business
PepsiCo quarterly revenue misses estimates as demand slows for snacks, sodas
By Ananya Mariam Rajesh and Jessica DiNapoli (Reuters) -PepsiCo missed expectations for second-quarter revenue on Thursday as a series of price hikes and competition from
US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
(Reuters) – The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron’s $53 billion takeover of Hess until after an arbitration
Wall Street analysts bullish on genetic testing firm Tempus AI
(Reuters) – Wall Street brokerages started covering SoftBank Group-backed Tempus AI on a bullish note on Tuesday, betting that the company’s AI-powered library of clinical
Musk’s xAI, Oracle end talks on $10 billion server deal, The Information reports
(Reuters) -Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, The Information reported
Vistra, Constellation Energy surge on clean energy demand bets to power AI tech
By Medha Singh and Seher Dareen (Reuters) – Nuclear power companies Constellation Energy and Vistra have become the top S&P 500 performers after Super Micro
China’s BYD plans $894 million EV parts project, state media says
BEIJING (Reuters) – Chinese electric vehicle manufacturer BYD has signed an agreement to build a factory for core parts of new energy vehicles with total
EV maker Lucid beats quarterly deliveries estimates helped by price cuts
(Reuters) -Lucid Group reported second-quarter deliveries above analysts’ estimates on Monday, as price cuts bolstered demand for its luxury electric sedans, sending the company’s shares
US miners push Washington to revive long-dormant Bureau of Mines
By Ernest Scheyder (Reuters) – Mining trade groups plan to push Washington to revive and expand the long-dormant Bureau of Mines, an effort aimed at
Several Chinese state firms in Shanghai buy Tesla Model Y cars
BEIJING (Reuters) – Several state-owned firms in China’s financial hub of Shanghai have recently purchased Tesla’s best-selling Model Y as service cars, a local government