US trucking firm Yellow files for bankruptcy, to wind down

Freight trucks are driven on the Fisher freeway in Detroit, Michigan March 27, 2009. REUTERS/Rebecca Cook/File Photo Aug 7 (Reuters) – U.S. trucking firm Yellow Corp (YELL.O) filed for Chapter 11 bankruptcy protection on Sunday and said it would wind down, after struggling with a mounting debt load and following tense contract negotiations with the… Continue reading US trucking firm Yellow files for bankruptcy, to wind down

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Technological leaps have patchy economic records AI creates fears about job destruction, workers’ rights Competition policy, access to training is key Aug 7 (Reuters) – If medieval advances in the plough didn’t lift Europe’s peasants out of poverty, it was largely because their rulers took the wealth generated by the new gains in output and… Continue reading Untitled

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[1/2]Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023. REUTERS/Tingshu Wang/File Photo NEW YORK/BENGALARU Aug 6 (Reuters) – Elon Musk said in a social media post on Sunday that his proposed fight with Meta (META.O) Chief Executive Officer Mark Zuckerberg would be… Continue reading article with gallery

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

Technologycategory

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

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‘X’ logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File photo Aug 5 (Reuters) – Elon Musk has said his X social media platform will fund the legal bills of people who have been treated… Continue reading Untitled

Legalcategory

– Federal Circuit Judge Pauline Newman  committed “serious misconduct” by refusing to cooperate with a mental fitness probe, an investigative panel said. –  Stroock is planning a pension buyout, which could remove a potential sticking point as it seeks to complete a merger.  –  Wachtell turned to Morrison & Foerster to fight Elon Musk’s lawsuit… Continue reading Legalcategory

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Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Go to Source

EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition

A logo is seen on the wheel of a Lucid Air Dream Edition parked at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) began trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, U.S., July 26, 2021. REUTERS/Andrew Kelly/File Photo SAN FRANCISCO,… Continue reading EV maker Lucid slashes prices of Air sedan as part of offer amid heating competition