By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold, jarring market participants as they headed into the weekend and the United States moved closer to the deadline to avoid default. While all three major…
By Stephen Culp NEW YORK (Reuters) – U.S. stocks ended lower and the dollar lost ground on Friday as negotiations to raise the U.S. debt ceiling were put on hold, jarring market participants as they headed into the weekend and the United States moved closer to the deadline to avoid default. While all three major…
By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are asking Microsoft’s rivals what kind of customer data they are required to provide to the U.S. tech giant as part of their Azure cloud contracts, six months after a trade group complained about its cloud computing practices. Cloud Infrastructure Services Providers in Europe (CISPE),…
SAO PAULO (Reuters) -Bank of Canada Governor Tiff Macklem reiterated on Friday it is far too early to be thinking about interest rate cuts, adding that he expects the consumer price index to decline to around 3% this summer and back to the bank’s 2% inflation target around the end of 2024. Macklem told a…
By Leroy Leo and Sriparna Roy (Reuters) -A panel of advisers to the U.S. Food and Drug Administration, wary of the safety of Intercept Pharmaceuticals’ oral drug for a type of fatty liver disease, recommended on Friday holding off on an accelerated approval of the medicine. The panel of outside experts voted 15-to-1 against the…
By Lewis Krauskopf NEW YORK (Reuters) – Recent advances in artificial intelligence are fueling optimism over how businesses can operate more productively in the years ahead. They are also providing a big boost to the stock market. The S&P 500’s 9% rally this year has been driven by a handful of the index’s biggest stocks,…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – A U.S. court found that the FBI improperly searched for information in a U.S. database of foreign intelligence 278,000 times over several years, including on Americans suspected of crimes, according to a ruling released on Friday. The decision by the Foreign Intelligence Surveillance Court was released by the…
By Joey Roulette WASHINGTON (Reuters) -A team led by Jeff Bezos’ Blue Origin won a coveted $3.4 billion NASA contract to build a spacecraft to fly astronauts to and from the moon’s surface, the U.S. space agency said on Friday, a breakthrough for the company two years after it lost out to Elon Musk’s SpaceX…
By Joey Roulette WASHINGTON (Reuters) -A team led by Jeff Bezos’ Blue Origin won a coveted $3.4 billion NASA contract to build a spacecraft to fly astronauts to and from the moon’s surface, the U.S. space agency said on Friday, a breakthrough for the company two years after it lost out to Elon Musk’s SpaceX…
By Dietrich Knauth NEW YORK (Reuters) -The families of Sandy Hook shooting victims said they had a strong case to reverse payments received by Alex Jones’ wife and others in his family to help satisfy $1.5 billion in judgments they won against the bankrupt right wing conspiracy theorist over his lies about the 2012 elementary…
