By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The Federal Reserve’s decision on Wednesday to begin winding down its long-running balance sheet…
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
By Shashwat Chauhan (Reuters) -Shares of data storage companies such as Seagate and Western Digital have sharply outperformed the broader…
Colgate-Palmolive cuts annual sales forecast as consumers balk at price hikes
By Anuja Bharat Mistry (Reuters) -Colgate-Palmolive cut its annual sales forecast on Friday, in a sign that rising economic uncertainty…
BlackRock-backed TXSE Group adds US banking giant J.P. Morgan as investor
(Reuters) -TXSE Group said on Friday Wall Street behemoth J.P. Morgan had made a strategic investment in the company, becoming…
Despite expectations, Trump did not discuss Nvidia’s Blackwell chip with Xi
By Trevor Hunnicutt and Eduardo Baptista ABOARD AIR FORCE ONE/GYEONGJU (Reuters) -U.S. President Donald Trump may have teased that he…
Palantir sues engineers who left to form ‘copycat’ Percepta AI
By Daniel Wiessner (Reuters) -Palantir Technologies on Thursday sued two of its former senior engineers, accusing them of using the…
Decentralized crypto exchange dYdX plans for US market entry by year-end
By Hannah Lang (Reuters) -One of the top decentralized cryptocurrency trading platforms, dYdX, is preparing to enter the U.S. market…
China to buy 12 million metric tons of soybeans this season, Bessent says
By David Lawder and Maiya Keidan CHICAGO (Reuters) -U.S. Treasury Secretary Scott Bessent said on Thursday that China has agreed…
Apple seeks to end Apple Pay trade secrets lawsuit
By Jonathan Stempel (Reuters) -Apple urged a federal judge to dismiss a racketeering lawsuit by a company that accused the…
In rare move, top Republican lawmakers criticize US troop reduction in Romania
WASHINGTON (Reuters) -The top two Republican lawmakers who lead the Pentagon’s oversight committees in the U.S. Congress issued a rare…