Union Pacific talks advance, regulator readies for historic rail merger review
By Sabrina Valle (Reuters) -Union Pacific, the largest U.S. railroad operator, said on Thursday it is in advanced talks with…
Accelerant valued at $6.4 billion in debut as insurance IPOs heat up
By Arasu Kannagi Basil (Reuters) -Billionaire sports financier Todd Boehly-backed Accelerant was valued at $6.4 billion as its shares jumped…
CME beats profit estimates as volatility drives record trading quarter
By Ateev Bhandari and Atharva Singh (Reuters) -Derivatives exchange CME Group beat Wall Street estimates for second-quarter profit on Wednesday,…
Microsoft server hack has now hit 400 victims, researchers say
WASHINGTON (Reuters) -A sweeping cyber-espionage campaign organization centered on vulnerable versions of Microsoft’s server software has now claimed about 400…
White House unveils artificial intelligence policy plan
WASHINGTON (Reuters) -The White House released an artificial intelligence (AI) policy plan on Wednesday spelling out priorities for the U.S.…
US attorney general told Trump that his name is among many in the Epstein files, WSJ reports
WASHINGTON (Reuters) -U.S. Attorney General Pam Bondi and her deputy told President Donald Trump during a meeting in May that…
Fed’s Bowman: Fed independence is very important with respect to monetary policy-CNBC
(Reuters) -Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank’s ability to set monetary policy…
Trump tariffs take a $1 billion bite out of GM earnings; shares fall
By Nora Eckert and Nathan Gomes (Reuters) -General Motors’ second-quarter earnings took a $1.1 billion hit from tariffs, but the…
IMF warns tariffs aren’t the answer to global imbalances
By Andrea Shalal WASHINGTON (Reuters) -Global current account balances widened sharply in 2024, reversing a narrowing under way since the…
Boeing kicks off production of 777-8 freighter, the Seattle Times reports
(Reuters) -Boeing has kicked off production of its newest freight carrier, the 777-8, the Seattle Times reported on Tuesday. The…