Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…
Trump and Zelenskiy meet one-on-one in Vatican basilica to seek Ukraine peace
By Steve Holland and Angelo Amante VATICAN CITY (Reuters) -U.S. President Donald Trump and Ukrainian leader Volodymyr Zelenskiy, in Rome…
Hamas open to long Gaza truce but not to disarming, an official says
By Nidal al-Mughrabi CAIRO (Reuters) -Hamas is open to a years-long truce with Israel in Gaza but is not willing…
ECB consensus builds for June rate cut but no appetite for big move, sources say
By Francesco Canepa WASHINGTON (Reuters) -European Central Bank policymakers are becoming increasingly confident about cutting interest rates in June as…
Social Security may lose thousands more staff under new Trump rule
By Nathan Layne and Tim Reid (Reuters) -The Social Security Administration could lose thousands more staff beyond the 7,000 already…
Exclusive-US pharma tariffs would raise US drug costs by $51 billion annually, report finds
By Maggie Fick LONDON (Reuters) -A 25% U.S. tariff on pharmaceutical imports would increase U.S. drug costs by nearly $51…
Ex-CISA boss says Trump actions risk ‘dangerously degrading’ US cyber defenses
By Raphael Satter WASHINGTON (Reuters) -U.S. President Donald Trump’s purges and apparent acts of retribution aimed at top cyber officials…
Amgen to expand Ohio biotech manufacturing plant
By Deena Beasley (Reuters) -Amgen on Friday announced a $900 million expansion of its Ohio biotech manufacturing facility, becoming the…
US calls EU fines on Apple and Meta ‘economic extortion’
By Steve Holland and Kanishka Singh WASHINGTON (Reuters) -The White House said on Wednesday that fines on Apple and Meta…
Trump trade war is wrecking hope for 2025 US trucking rebound
By Lisa Baertlein NEW ORLEANS (Reuters) -U.S. truckers are moving record volumes of auto parts, appliances and sneakers after their…