Samsung hit with $191.4 million US jury verdict in OLED patent trial
By Blake Brittain (Reuters) -Samsung Electronics owes patent owner Pictiva Displays $191.4 millionĀ in damages for infringing two U.S. patents covering…
OpenAI turns to Amazon in $38 billion cloud services deal after restructuring
By Deborah Mary Sophia and Aditya Soni (Reuters) -OpenAI has signed a seven-year, $38 billion deal to buy cloud services…
Fed’s Logan says this week’s rate cut was not needed, opposes one in December
(Reuters) -The U.S. central bank should not have cut interest rates this week and should not do so again in…
Trump declines to rule out underground nuclear tests
WASHINGTON (Reuters) -President Donald Trump reaffirmed on Friday that the U.S. would resume nuclear testing, and he did not answer…
Volkswagen secures credit lines from Brazil’s BNDES to boost hybrids
SAO PAULO (Reuters) -Volkswagen said on Friday it has secured 2.3 billion reais ($425.62 million) in credit lines from Brazil’s…
Amazon shares soar as AI boom fuels stellar growth in AWS cloud unit
By Rashika Singh and Deborah Mary Sophia (Reuters) -Amazon shares surged more than 11% in early trading on Friday after…
Apple shares rise as iPhone holiday sales forecast soothes supply woes
(Reuters) -Apple shares rose about 2% premarket on Friday after upbeat forecasts for the lucrative holiday quarter suggested the latest…
Goldman Sachs CEO Solomon warns of a US ‘reckoning’ on government debt
(Reuters) -Goldman Sachs CEO David Solomon on Thursday expressed concerns that mounting U.S. government debt will pose more of a…
Bullish options plays set to boost S&P 500 gyrations around 7,000 level
By Saqib Iqbal Ahmed NEW YORK (Reuters) -A wave of bullish options trading has amplified the U.S. stock market’s advance…
Analysis-Novo Nordisk changes tack with bold raid on Pfizer obesity deal
By Maggie Fick LONDON (Reuters) -Novo Nordisk’s late bid to hijack Pfizer’s takeover of U.S. obesity biotech Metsera marks an…