Biden says he plans to debate Trump
By Jarrett Renshaw NEW YORK (Reuters) -U.S. President Joe Biden said on Friday that he would participate in a debate with Donald Trump, his Republican opponent in November’s election. “I…
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 China’s economy or technological development, Secretary of State Antony…
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 features being introduced in the iPhone later this year, Bloomberg News…
US Air Force awards $13 billion Doomsday plane contract to Sierra Nevada
(Reuters) -The U.S. Air Force said on Friday that it has awarded a $13 billion contract to Sierra Nevada Corp to develop a successor to the E-4B, known as the…
How Trump could influence the makeup of the Fed
(Reuters) – Donald Trump’s allies are reported to be drafting proposals to erode the Federal Reserve’s independence if the presumptive Republican presidential nominee regains the White House, with installing loyalists…
Earnings for Big Oil backpedal as natgas prices tumble
By Sabrina Valle HOUSTON (Reuters) -U.S. and European oil companies reported weaker first quarter results on Friday due to a sharp drop in natural gas prices compared with a year…
Exclusive-General Mills explores sale of $2 billion-plus yogurt business in North America, sources say
By Abigail Summerville NEW YORK (Reuters) – General Mills, the maker of Cocoa Puffs and Cheerios breakfast cereals, is exploring a sale of its North America yogurt business including its…
Warren Buffett’s real estate brokerage reaches $250 million antitrust settlement
By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday it reached a $250 million settlement of nationwide antitrust litigation that is…
Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent announcing its first-ever dividend and…
Crypto firm Consensys sues US SEC over Ethereum regulation
(Reuters) -Consensys has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) tied to the regulation of the Ethereum blockchain, the crypto firm said on Thursday. The regulation…