US Supreme Court rejects Bayer bid to nix Roundup weedkiller suits

US Supreme Court rejects Bayer bid to nix Roundup weedkiller suits

WASHINGTON, June 21 (Reuters) – The US Supreme Court on Tuesday rejected Bayer AG’s (BAYGn.DE) bid to dismiss legal claims by customers who contend its Roundup weedkiller causes cancer as the German company seeks to avoid potentially billions of dollars in damages. The justices turned away a Bayer appeal and left in place a lower … Read more

Elon Musk’s SpaceX fires at least five over critical letter

Elon Musk's SpaceX fires at least five over critical letter

SpaceX founder and CEO Elon Musk arrives to see off the Inspiration 4 crew, the first all-civilian crew to be sent into orbit, before they head to the SpaceX Falcon 9 rocket on Pad 39A at the Kennedy Space Center in Cape Canaveral, US, September 15, 2021. REUTERS/Joe Skipper/File Photo Register now for FREE unlimited … Read more

Ferrari says going electric means ‘even more unique’ cars

Ferrari says going electric means 'even more unique' cars

Plans to launch 15 new models between 2023-2026 Fully-electric cars to make up 40% of sales in 2030 Expects to invest 4.4 bln euros by 2026 Sees EBITDA of 2.5-2.7 bln euros by 2026 MARANELLO, Italy, June 16 (Reuters) – Electric and hybrid models should make up 80% of Ferrari’s (RACE.MI) sales by 2030, the … Read more

SpaceX employees denounce CEO Musk as “distraction” – letter

SpaceX employees denounce CEO Musk as "distraction" - letter

Elon Musk attends the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register Orlando, Fla., June 16 (Reuters) – A group of SpaceX employees derided flamboyant billionaire Chief Executive Officer Elon Musk as a … Read more

Tesla to seek investor approval for 3-for-1 stock split

Tesla to seek investor approval for 3-for-1 stock split

The logo of Tesla is seen in Taipei, Taiwan August 11, 2017. REUTERS/Tyrone Siu Register now for FREE unlimited access to Reuters.com Register June 10 (Reuters) – Electric vehicle maker Tesla Inc (TSLA.O) on Friday proposed a three-to-one stock split, making its shares more affordable following recent sell-offs of the most valuable automaker. The company … Read more

US SEC chief unveils plan to overhaul Wall Street stock trading

US SEC chief unveils plan to overhaul Wall Street stock trading

US Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, US, September 14, 2021. REUTERS/Evelyn Hockstein Register now for FREE unlimited access to Reuters.com Register WASHINGTON/NEW YORK, June 8 (Reuters) – The top US securities regulator … Read more

Tesla attacks California agency for filing race bias lawsuit

Tesla attacks California agency for filing race bias lawsuit

June 7 (Reuters) – Tesla Inc (TSLA.O) on Tuesday accused a California civil rights agency of rushing to sue businesses without conducting proper investigations, an attempt to go on the offensive as the electric car maker faces claims of widespread race bias at an assembly plant. Tesla in a 10-page complaint told California’s Office of … Read more

Head of Deutsche Bank’s DWS steps down after ‘greenwashing’ raids

German officials raid Deutsche Bank's DWS over 'greenwashing' claims

The new logo of Deutsche Bank’s DWS Asset Management is pictured at their headquarters in Frankfurt, Germany, March 19, 2018. REUTERS/Ralph Orlowski Register now for FREE unlimited access to Reuters.com Register DWS investigated over alleged greenwashing Prosecutors raided DWS and Deutsche Bank on Tuesday DWS shares down 24% since August last year Whistleblower says more … Read more

Facebook-owner Meta Platforms’ Sheryl Sandberg to leave after 14 years

Facebook-owner Meta Platforms' Sheryl Sandberg to leave after 14 years

June 1 (Reuters) – Meta Platforms Inc (FB.O) Chief Operating Officer Sheryl Sandberg, whose close partnership with Chief Executive Officer Mark Zuckerberg powered the growth of the world’s biggest social network, is leaving the company after 14 years, she said in a Facebook post on Wednesday. The announcement initially sent the social media firm’s shares … Read more

German officials raid Deutsche Bank’s DWS over ‘greenwashing’ claims

German officials raid Deutsche Bank's DWS over 'greenwashing' claims

BERLIN, May 31 (Reuters) – German prosecutors raided asset manager DWS (DWSG.DE) and the headquarters of its majority owner Deutsche Bank (DBKGn.DE) on Tuesday over allegations of misleading investors about “green” investments, the prosecutors said. DWS and Deutsche Bank said the asset manager had cooperated with regulators and authorities in the past and would continue … Read more