U.S. Treasury to probe businesses involved in Minnesota fraud case, Bessent says
WASHINGTON, Dec 12 (Reuters) – The U.S. Treasury is boosting financial reporting requirements for money services businesses that will help…
Category: General
Rivian shares surge as analysts cheer shift to custom self-driving chip, AI strategy
Dec 12 (Reuters) – Shares of Rivian Automotive surged 18% on Friday as analysts issued bullish commentary on the electric…
Big Tech warned over AI ‘delusional’ outputs by US attorneys general
By Courtney Rozen WASHINGTON, Dec 10 (Reuters) – Microsoft, Meta, Google and Apple were among the 13 companies that received…
Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
By Jody Godoy NEW YORK, Dec 12 (Reuters) – Netflix says it must acquire Warner Bros Discovery to compete with…
OPEC data indicate close oil supply-demand balance in 2026, no glut
By Alex Lawler LONDON, Dec 11 (Reuters) – World oil supply will match demand closely in 2026, OPEC data published…
Inside Stellantis CEO’s ’emergency room’ rush to recapture market share
By Giulio Piovaccari, Nora Eckert and Gilles Guillaume MILAN/DETROIT/PARIS, Dec 11 (Reuters) – New Stellantis CEO Antonio Filosa is prioritising…
J.P. Morgan harnesses blockchain for debt issuance amid digital asset adoption boost
By Pritam Biswas and Anirban Sen Dec 11 (Reuters) – J.P. Morgan said on Thursday that it issued a U.S.…
US, Mexico to meet Tuesday over water dispute
MEXICO CITY, Dec 9 (Reuters) – Mexican President Claudia Sheinbaum said on Tuesday she expects to reach an agreement with…
US container imports drop 7.8% in November amid China demand slump, Descartes Systems says
LOS ANGELES, Dec 9 (Reuters) – U.S. container imports fell 7.8% in November from the year earlier, due to soft…
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
By Pritam Biswas and Lananh Nguyen Dec 9 (Reuters) – Wells Fargo expects more cuts to its workforce and sees…