April 2024
IBM wins reversal of $1.6 billion judgment to BMC over software contract
By Jonathan Stempel and Blake Brittain (Reuters) -A federal appeals court on Tuesday overturned a judgment requiring IBM to pay…
Super Micro misses quarterly revenue estimates as inventory up, shares down 14%
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on…
Graphite miners lobby US govt to impose levy on China-sourced EV material
By Divya Rajagopal TORONTO (Reuters) – North American graphite miners are lobbying the US government to impose a 25% tariff…
Asia’s first spot bitcoin and ether ETFs gain in Hong Kong debut
By Summer Zhen and Samuel Shen HONG KONG (Reuters) -Six spot bitcoin and ether exchange traded funds (ETFs) gained in…
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…
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…
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…
China to host Hamas, Fatah for Palestinian unity talks
By Laurie Chen and Nidal al-Mughrabi BEIJING/CAIRO (Reuters) – China will host Palestinian unity talks between Islamist militant group Hamas…
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…
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…