Oct 22 (Reuters) – Tesla’s shares slid 5% in premarket trading on Thursday as the EV maker’s reduced capital spending forecast raised questions about the pace of investment behind Elon Musk’s AI, robotics and autonomous-driving ambitions. The company on Wednesday lowered its 2026 capital spending…
By Richard Cowan WASHINGTON, Oct 22 (Reuters) – US President Donald Trump’s moves in recent weeks to ease economic pressure on Russia while stepping up criticism of Ukraine have triggered bipartisan opposition in Congress, potentially complicating his agenda after next month’s midterm elections. Seeking to…
By Douglas Gillison WASHINGTON, Oct 22 (Reuters) – Prediction market operators Kalshi, Polymarket and their founders have given at least $5 million combined to Republican and Democratic political groups this election cycle, according to campaign finance records and a private remittance document seen by Reuters.…
By Heather Schlitz DETROIT, Oct 22 (Reuters) – A neatly packed cardboard box of pasta, dry beans, canned goods and powdered milk made Tonya King cry. “I’ve been waiting for this,” said King, a 65-year-old Detroit grandmother, her voice cracking while tears streamed down her face.…
By Nathan Layne, Julio-Cesar Chavez and Jason Lange BLYTHEWOOD, South Carolina, Oct 22 (Reuters) – President Donald Trump is losing ground among many of the voters who returned him to the White House in 2024. But Reuters/Ipsos polling and interviews with white evangelical Christians show…
By Tom Polansek CHICAGO, Oct 22 (Reuters) – US President Donald Trump signed an executive order this month to expand access to tax-exempt diesel as soaring prices frustrate voters ahead of midterm elections. But farmers say it is too risky to use the fuel on…
By Cassell Bryan-Low and Hyunjoo Jin Oct 22 (Reuters) – A possible merger between Elon Musk’s rocket company SpaceX and carmaker Tesla may face bigger obstacles from politics than from regulation, drawing scrutiny in Beijing and potentially igniting a battle between US President Donald Trump…
By Dietrich Knauth and Diana Novak Jones Oct 22 (Reuters) – Meta Platforms has a strong basis for arguing that the $25 billion penalty New Mexico secured this week in a case stemming from allegations the firm mishandled user data should be reduced on appeal,…
Oct 22 (Reuters) – Spotify forecast fourth-quarter profit above Wall Street estimates on Thursday, as the Swedish music streaming company bets on its AI-powered features to drive user growth in the crucial holiday season. The company expects operating income of €820 million ($920.53 million), compared…
By John Kruzel WASHINGTON, Oct 22 (Reuters) – The November 3 midterm elections are quickly approaching after an electoral cycle shaped to an unusual degree by decisions of the US Supreme Court, a development that prompted Justice Elena Kagan to voice alarm this week. Republicans…
