Raytheon $985 mln hypersonic award puts them far ahead in contracting race

Raytheon 5 mln hypersonic award puts them far ahead in contracting race

Raytheon $985 mln hypersonic award puts them far ahead in contracting race

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The Pentagon is seen from the air in Washington, US, March 3, 2022, more than a week after Russia invaded Ukraine. REUTERS/Joshua Roberts Register now for FREE unlimited access to Reuters.com register WASHINGTON, Sept 22 (Reuters) – The Pentagon on Thursday said it awarded Raytheon Technologies (RTX.N) a $985 million dollar contract to develop prototypes …

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Tesla recalls nearly 1.1 million US vehicles to update window reversing software

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Register now for FREE unlimited access to Reuters.com register WASHINGTON, Sept 22 (Reuters) – Tesla (TSLA.O) is recalling nearly 1.1 million US vehicles because the window automatic reversal system may not react correctly after detecting an obstruction, increasing the risk of injury. The electric vehicle manufacturer told the National Highway Traffic SafetyAdministration (NHTSA) it would …

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Banks close painful Citrix debt chapter with $700 mln loss -source

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Citrix Systems logo is seen on smartphone placed on US Dollars in this illustration taken, January 31, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register Sept 21 (Reuters) – Wall Street banks completed the sale of $8.55 billion in loans and bonds backing the leveraged buyout of business software company …

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UK eases pressure on business by halving energy bills this winter

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Register now for FREE unlimited access to Reuters.com register Wholesale electricity, gas bills to be capped from October Level will be less than half current market prices Government says deal will prevent companies collapsing LONDON, Sept 21 (Reuters) – The British government on Wednesday said it would cap wholesale electricity and gas costs for businesses …

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Juul sues FDA for documents said to justify e-cigarette ban

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Register now for FREE unlimited access to Reuters.com register Sept 20 (Reuters) – Juul Labs has sued the US Food and Drug Administration over the agency’s refusal to disclose documents supporting its order banning the company, which has been blamed for fueling a teenage vaping crisis, from selling e-cigarettes on the US market . In …

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Europe burns cash to help businesses in deepening energy crisis

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Register now for FREE unlimited access to Reuters.com register European gas prices have soared amid Ukraine crisis Utilities face liquidity crunch Germany will ‘do everything possible’ to help firms Russian mobilization triggers jump in oil price BERLIN/LONDON/HELSINKI, Sept 21 (Reuters) – Germany nationalised gas importer Uniper (UN01.DE) on Wednesday and Britain capped wholesale electricity and …

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YouTube in challenge to TikTok to give Shorts creators 45% of ad sales

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Register now for FREE unlimited access to Reuters.com register LOS ANGELES, Sept 20 (Reuters) – YouTube unveiled a new way for creators to make money on short-form video, as it faces intensifying competition from TikTok. The Google-owned (GOOGL.O) streaming service announced Tuesday that it would introduce advertising on its video feature Shorts and give video …

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Japan liquor businesses turn to non-alcoholic drinks to attract Gen Z

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Register now for FREE unlimited access to Reuters.com register TOKYO, Sept 12 (Reuters) – Bucking the age-old stereotype of hard-drinking college students, Manaka Okamoto considers the next day’s schedule before cracking open an alcoholic beverage. “If I have to get up early, and I think ‘Oh, I should hold off on drinking,’ then I go …

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Exclusive: Biden to hit China with broader curbs on US chip and tool exports

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Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo Register now for FREE unlimited access to Reuters.com register WASHINGTON, Sept 11(Reuters) – The Biden administration plans next month to broaden curbs on US shipments to China of semiconductors used for artificial intelligence …

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Ubisoft CEO says still open to other partners after Tencent deal

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Yves Guillemot, CEO of Ubisoft, speaks on stage during the Ubisoft E3 conference at the Orpheum theater in Los Angeles, California June 15, 2015. REUTERS/Mario Anzuoni Register now for FREE unlimited access to Reuters.com register ‘We can do whatever we want,’ founder CEO says Ubisoft to create three mobile games with Netflix Tencent deal comes …

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