Jun 29, 2023 | Business, Economy, Top News, US
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits fell last week by the most in 20 months, the latest sign of the economy’s resilience that could push the Federal Reserve to resume raising interest...
Jun 29, 2023 | Asia, Politics, Top News, US
WASHINGTON (Reuters) – A Chinese spy balloon that flew over the United States earlier this year before being shot down did not collect information as it went across the country, the Pentagon said on Thursday. “We assess that it did not collect while it was...
Jun 29, 2023 | Business, Economy, Technology, US
By Niket Nishant and Krystal Hu (Reuters) -Inflection AI, a startup backed by several Silicon Valley heavyweights, said on Thursday it had raised $1.3 billion from investors including Microsoft and Nvidia, amid a boom in the artificial intelligence (AI) sector. The...
Jun 28, 2023 | Business, US
By Ernest Scheyder (Reuters) – Exxon Mobil has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc, the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal....
Jun 28, 2023 | Business, Economy, Technology, Top News, US
By Akash Sriram and Noel Randewich (Reuters) -Apple’s stock climbed to a record high close on Wednesday and was on the cusp of a $3 trillion market capitalization. The iPhone maker’s stock rose 0.6% to end the day at $189.25, putting Apple’s market...
Jun 28, 2023 | Business, Environment, Politics, US
(Reuters) – The Biden administration said on Wednesday it raised $105 million from solar power developers at a lease auction covering 23,675 acres of Nevada desert this week, making it the highest-yielding federal onshore renewable energy auction to date. NV...