(Reuters) -Constellation Energy and Microsoft have signed a data center deal to help resurrect a unit of the Three Mile Island nuclear plant in Pennsylvania in what would be the first-ever restart of its kind, the companies said on Friday. Big tech has led to a sudden surge in U.S. electricity demand for data-centers needed…
By Suzanne McGee and Carolina Mandl (Reuters) – Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its much-anticipated interest-rate easing, a process they expect to limit the appeal of money-market funds in the coming months. Retail money-market funds have attracted $951 billion in inflows since 2022,…
(Reuters) -Qualcomm made a takeover approach to chipmaker Intel in recent days, the Wall Street Journal reported on Friday, citing people familiar with the matter. Intel’s shares reversed course to rise 8%, while Qualcomm fell 4% in afternoon trade. Intel has been attempting to turn its business around by focusing on its chip foundry unit…
WASHINGTON (Reuters) – Americans began casting their first in-person votes on Friday in a presidential election six weeks away that both Republican and Democratic leaders call the most important in generations. The stakes are high: Democratic presidential nominee Vice President Kamala Harris and other party leaders have described Republican nominee Donald Trump as a threat…
