By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle (EV) maker VinFast is delaying the launch of its planned $4 billion factory in North Carolina to 2028 and cutting its delivery forecast for this year by 20,000 units amid uncertainties in the global EV market. VinFast, founded by Vietnam’s richest man Pham Nhat Vuong in…
By Jeff Mason and Makini Brice DETROIT (Reuters) -Seeking to revive his struggling reelection campaign, President Joe Biden held a rare rally in Detroit on Friday, telling a cheering crowd he wasn’t going to leave the race and warning that Republican Donald Trump poses a serious threat. Biden, 81, is trying to shift the conversation…
By Gram Slattery WASHINGTON (Reuters) – A set of conservative policy proposals known as Project 2025 has become a lightning rod for opponents of Republican presidential candidate Donald Trump as they seek to highlight what they say are the dangers of him retaking the White House. Trump has recently tried to distance himself from Project…
WASHINGTON (Reuters) -Meta said on Friday it was rolling back some restrictions that had applied to former U.S. President Donald Trump’s Facebook and Instagram accounts. The social media company indefinitely suspended Trump’s accounts following his praise of people who stormed the U.S. Capitol on Jan. 6, 2021. The company then reinstated his accounts in early…
By David Shepardson WASHINGTON (Reuters) -AT&T said Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records of calls and texts from 2022 was illegally downloaded in April. The U.S. telecom company said the FBI is investigating and at least one person has been arrested after AT&T…
By David Shepardson WASHINGTON (Reuters) – A U.S. appeals court on Friday upheld the decision of the Federal Communications Commission to approve a SpaceX plan to deploy thousands of Starlink satellites to provide space-based broadband internet service. The U.S. Court of Appeals for the District of Columbia rejected a legal challenge from DISH Network and…
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase beat estimates for second-quarter profit on Friday, as its investment banking business benefited from a resurgence in dealmaking and strong capital market activity. More companies are tapping capital markets to raise funds and striking takeover deals as they become confident in the U.S. economy’s ability…
(Reuters) – Southwest Airlines and Archer Aviation said Friday they have agreed to develop operational plans for electric air taxi networks at California airports where the Texas-based airline operates. The companies said they have signed a memorandum of understanding to collaborate on a concept of operations that lays the foundation for integrated electric air taxi…
By Lisa Baertlein LOS ANGELES (Reuters) – The state of Ohio on Tuesday joined oil companies and business groups asking the U.S. Supreme Court to reverse decisions that underpin California’s ambitious plans to regulate greenhouse gas emissions from cars and trucks. The Midwest state joined Valero’s Diamond Alternative Energy and other plaintiffs in challenging Environmental…
(Reuters) – Meta Platforms said on Tuesday it would start taking down more posts that target “Zionists”, where the term is used to refer to Jewish people and Israelis rather than representing supporters of the political movement. The Facebook and Instagram parent said in a blog post it would remove content “attacking ‘Zionists’ when it…
