Bessent says US won’t hit China with tariffs over Russian oil unless Europe goes first
By David Lawder MADRID (Reuters) -U.S. Treasury Secretary Scott Bessent said on Monday the Trump administration would not impose additional…
Fed seen on track for rate cuts as job worries eclipse inflation fears
(Reuters) – Concern about a softening job market will keep the Federal Reserve on course to resume its interest rate…
Southwest Airlines eyes long-haul flights in strategic overhaul
By Rajesh Kumar Singh CHICAGO (Reuters) – Southwest Airlines CEO Bob Jordan said on Thursday the company is looking at…
U.S. August deficit falls to $345 billion as tariff revenues rise
WASHINGTON (Reuters) -The U.S. budget deficit for August fell $35 billion or 9% from a year earlier to $345 billion…
US sues Uber, alleges disability discrimination
(Reuters) – The U.S. government on Thursday sued Uber Technologies, accusing the ride-sharing company of discriminating against passengers with disabilities.…
Wolfspeed’s shares surge as US bankruptcy court approves restructuring plan
(Reuters) -Chipmaker Wolfspeed’s shares surged about 48% to $1.82 on Tuesday after it said a U.S. court confirmed its Chapter…
Nvidia unveils AI chips for video, software generation
(Reuters) -Nvidia said on Tuesday it would launch a new artificial intelligence chip by the end of next year, designed…
Elon Musk’s X faces Canadian fine for not removing non-consensual intimate images
By Jeff Horwitz (Reuters) -A Canadian civil tribunal has fined Elon Musk’s social media platform X for its refusal to…
Google Cloud anticipates at least $58 billion revenue boost over next two years
By Kenrick Cai SAN FRANCISCO (Reuters) -Alphabet’s Google Cloud revealed Tuesday it has lined up about $58 billion in new…
Databricks projects $4 billion in annualized revenue on surging AI demand
(Reuters) – Analytics firm Databricks said on Monday it was on track to hit $4 billion in annualized revenue, up…