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…
2024
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…
Warren Buffett’s real estate brokerage reaches $250 million antitrust settlement
By Jonathan Stempel (Reuters) – A real estate brokerage owned by Warren Buffett’s Berkshire Hathaway said on Friday it reached…
Starbucks and US workers’ union meet for contract negotiations
(Reuters) – Starbucks held contract negotiations with the Workers United union over a two-day session in Atlanta, both the parties…
Microsoft results top Wall Street targets, driven by AI investment
By Yuvraj Malik, Anna Tong and Stephen Nellis (Reuters) -Microsoft beat Wall Street estimates for third-quarter revenue and profit on…
Google parent announces first-ever dividend; beats on sales, profit; shares soar
By Greg Bensinger and Akash Sriram (Reuters) – Alphabet announced its first-ever dividend on Thursday and a $70 billion stock…
Caterpillar shares slump on sales warning as machinery demand cools
By Deborah Mary Sophia (Reuters) -Caterpillar on Thursday warned of a sales drop in the current quarter as volumes take…