Ripple says ‘skinny’ Fed master account is attractive despite limitations
By Hannah Lang (Reuters) -Crypto giant Ripple supports the idea of a “skinny” Federal Reserve payments account for non-banks, which…
Tesla shareholders approve $878 billion pay plan for Elon Musk
By Abhirup Roy and Akash Sriram SAN FRANCISCO (Reuters) -Tesla CEO Elon Musk scored a resounding victory on Thursday as…
Airbnb third-quarter profit, revenue get a lift from strong international demand
(Reuters) -Vacation rental firm Airbnb posted higher third-quarter profit and revenue on Thursday, helped by strong bookings in markets such…
Fed’s Hammack sees no need to hike rates to lower inflation at this time
By Michael S. Derby NEW YORK (Reuters) -Cleveland Federal Reserve President Beth Hammack said on Thursday she does not think…
Apple to enter low-cost laptop market with budget Mac, Bloomberg News reports
(Reuters) -Apple is preparing to launch a budget Mac in the first half of next year, entering the low-cost laptop market…
Wall Street heavyweights flag risk of pullback in equity markets
By Manya Saini and Niket Nishant (Reuters) -CEOs of Wall Street heavyweights Morgan Stanley and Goldman Sachs on Tuesday cautioned…
Lilly, Novo near White House deals to cut obesity drug prices, gain Medicare access, media reports
(Reuters) -Eli Lilly and Novo Nordisk are expected to announce deals with the White House to offer the lowest dose…
Perplexity receives legal threat from Amazon over agentic AI shopping tool
(Reuters) -Perplexity AI said on Tuesday it has received a legal threat from Amazon.com demanding that the startup block the…
Iraq can disarm factions only when the US withdraws, prime minister says
By Timour Azhari and Ahmed Rasheed BAGHDAD (Reuters) -Iraq has pledged to bring all weapons under the control of the…
Trump says China, other countries can’t have Nvidia’s top AI chips
By Alexandra Alper (Reuters) -Artificial intelligence giant Nvidia’s most advanced chips will be reserved for U.S. companies and kept out…