Cuba says no quick fix as economic crisis drags on
HAVANA (Reuters) – There is no quick fix for Cuba’s sputtering economy, its economy minister said on Thursday, as inflation,…
May 2023
Costco earnings miss estimates as shoppers curb discretionary spending
By Granth Vanaik (Reuters) – Costco Wholesale Corp missed estimates for quarterly earnings on Thursday as shoppers pulled back on…
Biden lauds leadership skills of his pick for top US general
WASHINGTON (Reuters) -Praising his leadership and even his culinary skills, President Joe Biden on Thursday formally announced his nomination of…
OpenAI offers $100,000 grants for ideas on AI governance
By Greg Bensinger (Reuters) -OpenAI, the startup behind the popular ChatGPT artificial intelligence chatbot, said Thursday it will award 10…
Nvidia fuels Wall Street gains; gold falls to two-month low
By Chris Prentice and Marc Jones NEW YORK/LONDON (Reuters) -Progress on U.S. debt ceiling talks bolstered global equities and sent…
House panel chair seeks info on proposed U.S. order for China investment
By Karen Freifeld WASHINGTON (Reuters) – A top U.S. lawmaker on Thursday asked for more detail on the Biden administration’s…
VW, Audi Agree To $85 Million Diesel Settlement In Principle With Texas – State
(Reuters) – Volkswagen and its Audi unit have agreed to an $85 million settlement in principle over violations of Texas…
Fed lending to banks lowest in latest week since crisis began in March
By Michael S. Derby NEW YORK (Reuters) – Federal Reserve emergency lending to banks fell in the latest week to…
US warns Wagner Group seeking arms, slaps sanctions on group’s head in Mali
By Daphne Psaledakis WASHINGTON (Reuters) – The U.S. on Thursday said Russian mercenary force Wagner Group may be working through…
Nvidia set to be retail favorite after Tesla’s six-month streak
(Reuters) -Nvidia Corp on Thursday was set to break Tesla Inc’s streak of being the most traded stock by retail…