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Category: SRN News

Analysis-Musk’s political baggage clouds prospects for SpaceX-Tesla deal

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…

Spotify forecasts fourth-quarter profit above estimates on AI bets

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…

US Supreme Court rulings reshape midterm election battlefield

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…

Southern Italy truckers ease protests as government lines up aid

By Francesca Piscioneri and Alvise Armellini ROME, Oct 22 (Reuters) – Truck drivers’ protests that have seriously affected fuel and food supplies in southern Italy were easing on Thursday as Prime Minister Giorgia Meloni’s government was lining up aid and taking a harder line against…

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