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Musk says activating Starlink, in response to Blinken on internet freedom in Iran

Starlink logo is seen on a smartphone in front of displayed Ukrainian flag in this illustration taken February 27, 2022. REUTERS/Dado Ruvic/IllustrationRegister now for FREE unlimited access to Reuters.comRegisterSept 23 (Reuters) – SpaceX CEO Elon Musk said on Friday that he would activate the firm’s satellite internet service, Starlink, in response to U.S. Secretary of …

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Airbus slams sceptical supplier Raytheon over jet output

Register now for FREE unlimited access to Reuters.comRegisterPARIS, Sept 23 (Reuters) – Europe’s Airbus (AIR.PA) clashed on Friday with U.S. giant Raytheon Technologies (RTX.N) over plans for a record leap in jetliner output, after the industry’s largest contractor questioned whether a battered supply chain could keep up.The world’s largest planemaker said it was sticking with …

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Raytheon $985 mln hypersonic award puts them far ahead in contracting race

The Pentagon is seen from the air in Washington, U.S., March 3, 2022, more than a week after Russia invaded Ukraine. REUTERS/Joshua RobertsRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – The Pentagon on Thursday said it awarded Raytheon Technologies (RTX.N) a $985 million dollar contract to develop prototypes for a hypersonic …

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Tesla recalls nearly 1.1 million U.S. vehicles to update window reversing software

Register now for FREE unlimited access to Reuters.comRegisterWASHINGTON, Sept 22 (Reuters) – Tesla (TSLA.O) is recalling nearly 1.1 million U.S. vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury.The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) that it would perform an …

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Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang RattayRegister now for FREE unlimited access to Reuters.comRegisterSept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs would be $1 …

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Oil falls more than 1% on demand fears, strong dollar

Crude oil storage tanks are seen in an aerial photograph at the Cushing oil hub in Cushing, Oklahoma, U.S. April 21, 2020. REUTERS/Drone BaseRegister now for FREE unlimited access to Reuters.comRegisterStrong dollar weighs as Fed rate decision loomsSupply concerns limit declineEasing COVID-19 restrictions in China could lend supportLONDON, Sept 19 (Reuters) – Oil fell by …

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Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips.Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) BNSF …

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Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew KellyRegister now for FREE unlimited access to Reuters.comRegisterWASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would pose “an unacceptable …

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Oil falls by over $3 on inflation woes, Iraq exports

The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured at its headquarters in Vienna, Austria, March 21, 2016. REUTERS/Leonhard FoegerRegister now for FREE unlimited access to Reuters.comRegisterLONDON, Aug 30 (Reuters) – Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening of global economies …

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Honda Motor, LG Energy to build $4.4 bln U.S. EV battery plant

TOKYO/WASHINGTON, Aug 29 (Reuters) – Japan’s Honda Motor Co (7267.T) will build a new $4.4 billion lithium-ion battery plant for electric vehicles in the United States with Korean battery supplier LG Energy Solution Ltd (373220.KS), the two companies said on Monday.Battery makers are looking to increase production in the U.S. where a shift toward electric …

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