Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) – Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said…
Category: General
Oil falls on prospect of higher-for-longer US rates, stronger dollar
By Laila Kearney NEW YORK (Reuters) -Oil prices fell by nearly $1 a barrel on Friday as comments from U.S.…
US discussed ‘overcapacity’ in Chinese solar manufacturing, coal in climate talks
By Valerie Volcovici WASHINGTON (Reuters) – The United States and China discussed Chinese overcapacity in solar and battery manufacturing, steel…
US Treasury posts $210 billion surplus in April
(Reuters) – The U.S. federal budget surplus in April increased from a year earlier as a boost in tax receipts…
McDonald’s considering $5 meal deal launch to draw diners, source says
(Reuters) -McDonald’s U.S. franchises are considering launching a $5 meal deal, a source familiar with the matter said on Friday,…
After layoffs, Musk says Tesla to spend $500 million on charging network
(Reuters) -Tesla will spend more than $500 million this year to expand its fast-charging network, CEO Elon Musk said on…
Hunter Biden loses bid to dismiss gun charges, clearing way for June trial
By Tom Hals WILMINGTON, Delaware (Reuters) -A federal appeals court panel rejected a bid by U.S. President Joe Biden’s son…
Airbnb slumps as gloomy forecast fans slowdown fears
(Reuters) -Airbnb shares tumbled nearly 7% in afternoon trading on Thursday after weak forecasts for the second quarter stoked investor…
Green steel needs tiered incentives to become reality in Asia: Russell
By Clyde Russell SINGAPORE (Reuters) -It’s time for a reality check about decarbonising Asia’s vast and growing steel sector. Reducing…
Analysis-Bear market for diesel spells fresh troubles for oil
By Ahmad Ghaddar, Trixie Yap and Shariq Khan LONDON/SINGAPORE/NEW YORK (Reuters) – Profit margins for diesel are slumping as new…