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First crewed test flight of Boeing Starliner capsule targeted for May 17 May 7, 2024 07:55PM

(Reuters) - The target launch date for the long-awaited first crewed test flight of Boeing Co's new Starliner Space capsule has been pushed back another week to no earlier than Friday, May 17, in order to replace a faulty pressure valve on its booster rocket, NASA said on Tuesday.

(Reporting by Steve Gorman in Los Angeles; Editing by Christian Schmollinger)


FTX files amended reorganization plan, expects between $14.5 billion-$16.3 billion for distribution May 7, 2024 07:52PM

(Reuters) - Crypto exchange FTX filed an amended reorganization plan with a U.S. bankruptcy court which will allow for $14.5 billion to $16.3 billion for distribution to creditors, the company said in a statement on Tuesday.

FTX said it has anticipated the figure based on monetizing assets, most of which were investments owned by Alameda Research, a crypto-focused hedge fund controlled Sam Bankman-Fried, FTX Ventures businesses, and litigation claims.... (continue reading...)


Luminar says Tesla is biggest customer for its lidar sensors May 7, 2024 07:36PM

SAN FRANCISCO (Reuters) - Luminar Technologies, a maker of lidar sensors for self-driving cars, said on Tuesday that Tesla was the largest customer for its sensors in the first quarter, accounting for more than 10% of its total revenue of $21 million during the period.

Tesla's electric vehicles that are sold do not use lidars and it is not clear where Tesla used the sensors. Tesla CEO Elon Musk previously slammed rivals' use of the lidar sensors, which... (continue reading...)


Brazil's Carrefour swings to profit in first quarter May 7, 2024 07:26PM

SAO PAULO (Reuters) - Carrefour Brasil, which is controlled by France's Carrefour, reported a net profit of 39 million reais ($7.7 million) for the first quarter, reversing losses in the same period last year, as higher food inflation expanded its profits.

On an adjusted basis, it also swung back to the green with a 52-million-real net profit, although this profit came in below the forecast of 137.4 million reais from analysts polled by LSEG.

... (continue reading...)
Ukraine's Zelenskiy: Cape Verde first African state to agree to attend peace summit May 7, 2024 07:10PM

(Reuters) - Ukrainian President Volodymyr Zelenskiy said on Tuesday that the island state of Cape Verde had become the first African country to agree to attend a world "peace summit" aimed at finding a solution to Ukraine's more than two-year-old war against Russia.

The summit, to which Russia has not been invited, is to take place in Switzerland on June 15-16, and Ukraine hopes to marshal broad support to persuade Moscow to agree to terms that Kyiv... (continue reading...)


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