U.S. chip bans not meant to hobble China's growth, Blinken says
By Stephen Nellis (Reuters) - U.S. export controls on sending advanced computing chips to China are not meant to hold back Ch...
Apr 27, 2024
Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports
(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup's generative AI technology to power some new...
Apr 27, 2024
Google plans $3 billion data center investment in Indiana, Virginia
(Reuters) - Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expa...
Apr 26, 2024
US regulators seize troubled lender Republic First Bancorp
(Reuters) -U.S. regulators have seized Republic First Bancorp and agreed to sell it to another lender, the Federal Deposit In...
Apr 26, 2024
Planemaker Embraer CEO says supply chain has been improving
By Gabriel Araujo SAO JOSE DOS CAMPOS (Reuters) - The chief executive of Brazil's Embraer said on Friday that supply chain is...
Apr 26, 2024
L3Harris cuts 5% workforce in cost-saving measure
(Reuters) - U.S. defense contractor L3Harris cut 5% of its workforce earlier this month in a bid to streamline its business a...
Apr 26, 2024
Deutsche Bank to make provision for Postbank suit that will hit Q2 profit
BERLIN (Reuters) - Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require...
Apr 26, 2024
S&P 500 Q1 earnings estimated growth improves; stocks up for week
By Caroline Valetkevitch NEW YORK (Reuters) - U.S. first-quarter estimated earnings growth is looking stronger at nearly the ...
Apr 26, 2024
Tesla to lay off 693 employees in Nevada, government notice says
SAN FRANCISCO (Reuters) -Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed...
Apr 26, 2024
Lofty US stocks leave investors punishing earnings disappointments
By Lewis Krauskopf NEW YORK (Reuters) - Richly valued U.S. stocks are leaving investors with little tolerance for disappointm...
Apr 26, 2024