Chipmaker GlobalFoundries says CHIPS Act framework does not involve equity
By Zaheer Kachwala (Reuters) -GlobalFoundries said on Wednesday its CHIPS Act funding is “well intact” and the framework does not…
Trump holds Gaza policy meeting with Blair and Kushner, White House official says
By Steve Holland WASHINGTON (Reuters) -President Donald Trump was presiding over a policy meeting on the Gaza war on Wednesday…
Trump administration mulls taking stakes in defense firms including Lockheed Martin
By Susan Heavey and Mike Stone WASHINGTON (Reuters) -The Trump administration is considering taking stakes in defense contractors, including Lockheed…
OpenAI, Altman sued over ChatGPT’s role in California teen’s suicide
By Jody Godoy (Reuters) -The parents of a teen who died by suicide after ChatGPT coached him on methods of…
Trump’s efforts to remove Fed governor set to test Treasury market
By Davide Barbuscia NEW YORK (Reuters) -U.S. bond investors expect President Donald Trump’s latest attempt to exert control over the…
US cancelling another $175 million in California high-speed rail projects
(Reuters) -The U.S. Transportation Department said on Tuesday it is cancelling $175 million for four projects that are part of…
DOJ to appeal ruling disqualifying Trump lawyer Habba as New Jersey prosecutor
WASHINGTON (Reuters) -The U.S. Justice Department on Monday indicated it would appeal a judge’s ruling barring Alina Habba, a former…
SpaceX aims to overcome Starship setbacks with tenth flight test
By Joey Roulette WASHINGTON (Reuters) -Elon Musk’s SpaceX will try to launch its giant Starship rocket for a tenth time…
Trump says China has to give US magnets or face 200% tariff
(Reuters) -President Donald Trump told reporters on Monday that China has to give the United States magnets or “we have…
Fed’s Logan sees room to lower reserves, expects uptick in SRF use next month
By Ann Saphir (Reuters) -Dallas Federal Reserve President Lorie Logan on Monday said she feels the U.S. central bank has…