New York adds 300 MW transmission line from Rainey to Corona
(Reuters) – A new 300-megawatt (MW) Con Edison Rainey-to-Corona transmission line, which can power 240,000 average-sized homes in New York…
2023
China’s AI industry barely slowed by US chip export rules
By Stephen Nellis, Josh Ye and Jane Lanhee Lee (Reuters) -U.S. microchip export controls imposed last year to freeze China’s…
TikTok to launch ad product that will give premium content creators 50% cut
(Reuters) – TikTok said on Wednesday it is launching a product that well let advertisers place ads alongside content produced…
Etsy tops revenue estimates on demand for personalized products, higher fees
By Granth Vanaik (Reuters) – Etsy Inc on Wednesday beat market expectations for quarterly revenue, benefiting from demand for products…
Marketmind: Fed eyes pause, market bets on pivot
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. The Fed on…
Option Care to buy homecare service provider Amedisys in $3.6 billion deal
(Reuters) -Homecare services provider Option Care Health Inc said on Wednesday it is acquiring Amedisys Inc in an all-stock deal…
Corteva raises sales outlook after topping quarterly profit estimates
(Reuters) -Agricultural chemical and seed company Corteva Inc on Wednesday raised its full-year forecast after it beat quarterly profit estimates…
Ex-OpenSea Manager Convicted In NFT Insider Trading Case
By Luc Cohen NEW YORK (Reuters) – A former product manager at OpenSea, the world’s largest marketplace for non-fungible tokens…
Trump calls rape claim ‘ridiculous’ in video testimony at civil trial
By Jack Queen (Reuters) -Donald Trump denied raping writer E. Jean Carroll in a deposition video played on Wednesday for…
Ford CEO calls electric vehicle market price cuts ‘a worrying trend’
By David Shepardson and Joseph White WASHINGTON (Reuters) -Ford CEO Jim Farley said on Wednesday that price cuts in the…