Oct 21 (Reuters) – Mattel said on Wednesday it has added a top executive of its largest shareholder, EdgePoint Investment Group, to its board of directors as the toymaker grapples with weak performance and leadership upheaval. The company has faced pressure from some investors asking the…
Oct 22 (Reuters) – Medical device maker Fisher & Paykel Healthcare on Thursday said it was made aware of unauthorized and unlawful access to a subset of company files and two employee email accounts. Here are the details: • Some of the files accessed contained…
By David French and Sheila Dang NEW YORK/HOUSTON, Oct 21 (Reuters) – Chevron is exploring the sale of some of its older oil and gas assets in the US Gulf, the company confirmed to Reuters, part of an effort to focus on high-growth developments in the…
Oct 21 (Reuters) – Southwest Airlines posted better-than-expected third-quarter adjusted earnings on Wednesday, driven by higher fares and additional fees, but forecast fourth-quarter profit below expectations. Airlines in the US have so far relied on a swathe of fare hikes, checked baggage fees and capacity…
Oct 21 (Reuters) – Tesla reported a surprise positive cash flow for the third quarter on Wednesday as it spent far less on its AI and robotics ambitions than analysts expected at a time when the EV maker is weighing a merger with CEO Elon Musk’s…
Oct 21 (Reuters) – Texas Instruments forecast fourth-quarter revenue above Wall Street estimates on Wednesday, a sign of recovery in industrial chip demand and growing momentum for its AI data-center chips. • Unlike Nvidia, which makes high-performance AI processors, Dallas, Texas-based TI produces analog chips…
By Jonathan Landay WASHINGTON, Oct 21 (Reuters) – The top Democratic lawmakers on the congressional intelligence committees on Wednesday said they received an intelligence briefing that Russia has been waging a misinformation campaign against Democrats running in next month’s midterm elections. The comments by Senator…
DUBAI, Oct 21 (Reuters) – Senior UAE diplomat Lana Nusseibeh entered the race to become the next United Nations secretary-general on Wednesday, injecting a prominent Middle Eastern candidate into a contest that has struggled to produce a consensus choice among the Security Council’s most powerful…
Oct 21 (Reuters) – Meta on Wednesday raised the lower end of its annual spending forecast and said it would introduce new non-voting shares, in a move that would help fund its costly AI expansion. Meta has been pouring money into chips and data centers…
Oct 21 (Reuters) – The Pennsylvania Department of Health on Wednesday reported 1,317 measles cases in the state, up 31 cases since its previous update on Monday, as the outbreak of the highly contagious disease continued. • Pennsylvania has confirmed measles cases in 43 counties,…
