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May 28 (Reuters) – Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand and stiff competition in the Chinese EV market. Domestic car sales in China fell for a seventh straight month in April, with industry estimates showing that EV ​and plug-in hybrid ⁠sales growth were likely to slow in 2026 after years of rapid expansion. Still, Chinese EV makers are […]

May 28 (Reuters) – Groq is raising up to $650 million from existing investors, Axios reported on Thursday, after the AI chip startup signed a $17 billion licensing deal with Nvidia in December.  Groq has been shifting focus away from hardware toward AI inferencing, where it specializes in enabling trained AI models to respond to user requests. • The startup’s investors have already received payouts, with a final cash distribution […]

JERUSALEM, May 28 (Reuters) – Ben-Gurion International Airport, Israel’s main air gateway near Tel Aviv, is operating at about one-third of capacity due to the presence of U.S. refuelling aircraft, threatening heavy flight cancellations this summer, the head of the Israel Airports Authority said on Thursday. Sharon Kedmi, director general of the authority, told Kan’s Reshet Bet radio station that 70% of activity at the airport is limited because of […]

WASHINGTON, May 28 (Reuters) – The U.S. Treasury Department said on Thursday it taking 76 persons, vessels and entities off its sanctions blacklist that it said were outdated, a move it said would help crack down on sanctions evasion on complex and high-risk targets. The department said it had heard from businesses that complained about being forced to spend significant resources to screen targets that were low-risk. In some cases […]

May 28 (Reuters) – The U.S. Department of Health and Human Services (HHS) on Thursday finalized a rule to streamline how out-of-network payment disputes between providers and health insurers are resolved, aiming to cut administrative costs. Here are a few details: • The rule, part of a federal law banning surprise medical bills from providers outside patients’ insurance networks, aims to reduce ineligible disputes and lowering costs for providers and […]

WASHINGTON (AP) — U.S. economic growth slowed slightly in the first quarter, with real GDP rising at a 1.6 percent annual rate. The increase was driven by steady consumer spending and solid business investment, though weaker government spending and a drag from trade held back gains. The pace came in below some expectations, signaling stable—but not overheating—activity. That could ease pressure on the Federal Reserve to raise interest rates sharply, […]

NEW YORK (AP) — Carson Benge figured maybe that scraggly mustache was holding him back — so the rookie outfielder made a big league decision. “I haven’t really been getting a ton of hits, so I just shaved it off and it worked,” Benge said Wednesday night after coming through with a couple of clutch singles for the New York Mets. Facial hair or not, the 23-year-old Benge is quickly […]

PARIS (AP) — France’s powerful lower house voted finally to scrub a fundamental slavery-era edict from French law on Thursday. After the National Assembly voted 254-0 to adopt the bill to repeal Code Noir, it now goes to the Senate, where supporters expect it to be approved as well. It’s not clear when the Senate vote will happen. Code Noir — or Black Code — was signed by King Louis […]

NEW YORK (AP) — Yoselin Sanchez has been in chronic pain since she was born with cervical scoliosis. While little eases the discomfort, she’s found ways to distract herself from hurting. She practices yoga. She performs free flow dance. And while she works, she frequently listens to house music tuned to 432 hertz, a frequency lower than typical concert pitch. “Music is medicine. Sound is medicine,” said Sanchez, who provides […]