Reuters

SAN FRANCISCO (Reuters) - Tesla plans to lay off an additional 601 employees in California, according to its notice to government agencies on Monday.

The electric carmaker said last month it will lay off 6,020 people in California and Texas, as part of its global job cuts announced by CEO Elon Musk.

(Reporting by Hyunjoo Jin; Editing by Sandra Maler)

By Nelson Renteria

SAN SALVADOR (Reuters) - El Salvador has mined nearly 474 bitcoins since 2021 thanks to a volcano-fueled geothermal power plant, official data showed on Tuesday, bringing the government's total bitcoin portfolio to nearly $354 million at current prices.

The country's "Bitcoin Office," an official government entity, reports that government coffers now hold 5,750 bitcoins.

The new additions, 473.5 bitcoins... (continue reading...)

(Reuters) - Embattled regional lender New York Community Bancorp said on Tuesday it has agreed to sell about $5 billion in mortgage warehouse loans to JPMorgan Chase.

The deal bolsters NYCB's liquidity and capital as it executes a crucial turnaround to return to profitability over the next two years.

NYCB expects the transaction will add 65 basis points to its CET1 capital ratio and bolster its liquidity profile as the proceeds of the... (continue reading...)

(Reuters) -OpenAI co-founder Ilya Sutskever said on Tuesday he is leaving the ChatGPT maker.

"After almost a decade, I have made the decision to leave OpenAI," he said in a post on X.

Sam Altman, CEO of the Microsoft-backed company said Jakub Pachocki will be the company's new chief scientist.

Pachocki has previously served as OpenAI's director of research and led the development of GPT-4 and OpenAI Five.

WASHINGTON (Reuters) - The U.S. State Department has moved a $1 billion package of weapons aid for Israel into the congressional review process, two U.S. officials said on Tuesday.

The latest weapons package includes tank rounds, mortars and armored tactical vehicles, one of the officials told Reuters.

The chairmen and ranking members of the Senate Foreign Relations and the House Foreign Affairs committees review major foreign weapons... (continue reading...)