Vietnam’s VinFast recalls first batch of EVs bound for US due to safety risk

Vietnam’s VinFast recalls first batch of EVs bound for US due to safety risk

HANOI, May 25 (Reuters) – Vietnamese electric vehicle (EV) maker VinFast said it was recalling all the first batches of vehicles it shipped to the United States last year following a warning safety certificates issued by the American authorities. The move came after the US National Highway Traffic Safety Administration (NHTSA) said 999 of VinFast’s … Read more

‘Queen of rock ‘n’ roll’ Tina Turner dies at 83

‘Queen of rock ‘n’ roll’ Tina Turner dies at 83

May 24 (Reuters) – Tina Turner, the American-born singer who left a hardscrabble farming community and abusive relationship to become one of the top recording artists of all time, died on Wednesday at the age of 83. She died peacefully after a long illness in her home in Küsnacht near Zurich, Switzerland, her representative said. … Read more

Wall St slips as debt ceiling talks drag on; Fed minutes at a glance

Wall St slips as debt ceiling talks drag on;  Fed minutes at a glance

Launch of a new round of negotiations on the debt ceiling Citigroup abandons sale of units in Mexico Agilent falls on lower annual forecast Indices down: Dow 0.82%, S&P 0.89%, Nasdaq 0.94% May 24 (Reuters) – Major Wall Street indexes fell on Wednesday as talks between the White House and Republican representatives on raising the … Read more

Facebook owner Meta begins latest round of layoffs

Facebook owner Meta begins latest round of layoffs

NEW YORK, May 24 (Reuters) – Meta Platforms Inc (META.O) carried out the latest batch of three-part layoffs on Wednesday, according to a person familiar with the matter, as part of a plan announced in March . eliminate 10,000 roles. Meta earlier this year became the first Big Tech company to announce a second round … Read more

Target removal of some LGBTQ merchandise following customer backlash

Target removal of some LGBTQ merchandise following customer backlash

(1/2) A shopping cart is seen at a Target store in the Brooklyn borough of New York, U.S., November 14, 2017. REUTERS/Brendan McDermid NEW YORK, May 23 (Reuters) – (This May 23 story has been edited to correct spelling of Carnell’s first name to Erik, from Eric, in paragraph 8) Target, which launched its Pride … Read more

Stars step out for Cannes premiere of Wes Anderson’s ‘Asteroid City’

Stars step out for Cannes premiere of Wes Anderson’s ‘Asteroid City’

(1/5) The 76th Cannes Film Festival – Screening of the film ‘Asteroid City’ in competition – Red Carpet Arrivals – Cannes, France, May 23, 2023. Director Wes Anderson and cast members Matt Dillon, Scarlett Johansson, Jason Schwartzman, Tom Hanks, Jeffrey Wright and Damien Bonnard pose. REUTERS/Sarah… Learn more CANNES, May 23 (Reuters) – A busload … Read more

US lawmaker seeks action against Chinese chip company CXMT after Micron

US lawmaker seeks action against Chinese chip company CXMT after Micron

WASHINGTON, May 23 (Reuters) – The U.S. Commerce Department is expected to impose trade restrictions on Chinese memory chip maker Changxin Memory Technologies (CXMT) after Beijing earlier this week banned the sale of certain chips by U.S. firm Micron Technology Inc (MU.O), the chairman of the U.S. House of Representatives China Committee said on Tuesday. … Read more

Virgin Orbit auctions off $36m in remaining assets as company folds

Virgin Orbit auctions off m in remaining assets as company folds

WASHINGTON, May 23 (Reuters) – Richard Branson’s bankrupt satellite launch company Virgin Orbit revealed on Tuesday that it was closing for good after a $36.4 million sale of assets, including a agreement to sell most of its Long Beach, Calif., headquarters to small launch company Rocket Lab USA Inc. (RKLB.O) Rocket Lab, the veteran small-rocket … Read more

Meta sells Giphy to Shutterstock to comply with UK regulator’s order

Meta sells Giphy to Shutterstock to comply with UK regulator’s order

May 23 (Reuters) – Shutterstock Inc (SSTK.N) said on Tuesday it would buy motion-picture platform Giphy Inc from Meta Platforms Inc (META.O) for $53 million in cash, months after that the Facebook owner has agreed to divest the company over competition concerns. Last year, the UK competition regulator ordered Meta to sell Giphy over concerns … Read more

Disgraced Australian-born former artist Rolf Harris dies aged 93

Disgraced Australian-born former artist Rolf Harris dies aged 93

Child sex abuse convictions ended 50-year career The artist was imprisoned and stripped of his honors Harris was a household name in Britain and Australia LONDON, May 23 (Reuters) – Rolf Harris, a mainstay of family entertainment in Britain and Australia for more than 50 years before his career fell out of favor with his … Read more