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Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales
(Reuters) -Tesla is headed for another year of shrinking sales after it posted a second straight drop in quarterly deliveries, dragged down by CEO Elon Musk’s right-wing political stances and an aging vehicle line-up that has turned off some buyers.The automaker now needs to deliver over one million vehicles …. Read More >>

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Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers. It was planning to cut thousands of jobs, particularly in sales, Bloomberg News reported last month. The Windows maker had pledged $80 billion in capital spending for its fis …. Read More >>

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AOS settles with US over unauthorized Huawei shipments
(Reuters) -Alpha and Omega Semiconductor Limited has agreed to pay $4.25 million to settle with the U.S. Department of Commerce for shipping items to China’s Huawei Technologies in violation of export regulations, according to a department order posted on Wednesday.AOS engaged in prohibited conduct by forwar …. Read More >>

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Factbox-How the Republican spending bill super-charges immigration enforcement
WASHINGTON (Reuters) -The major tax-cut and spending bill that Republicans hope to bring to final passage in the U.S. House of Representatives this week would devote an unprecedented $170 billion to immigration enforcement, according to an analysis by the pro-immigration American Immigration Council and a Reu …. Read More >>

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Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales

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