Microsoft under fire after hacks of US State and Commerce departments
By Raphael Satter WASHINGTON (Reuters) – In late June, one of cybersecurity expert Steven Adair’s clients got an alert from…
Asia
A US auto union president who accepts ‘no limits’
By Joseph White DETROIT (Reuters) – United Auto Workers President Shawn Fain is not a shouter. When he addresses union…
Cooler inflation keeps stocks up, dollar and yields down
By Lawrence Delevingne and Huw Jones (Reuters) -U.S. stocks rose again and global equities hit new highs for 2023 on…
Chinese hackers breached US Commerce chief’s emails; Blinken warns Chinese counterpart
By David Shepardson and Christopher Bing WASHINGTON (Reuters) – U.S. Commerce Department Secretary Gina Raimondo was among a group of…
Dollar buckles on US disinflation signs as Fed nears end of hiking cycle
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar sank to its lowest since April 2022 on Thursday, as cooling…
IMF sees ‘pockets of resilience’, slowing momentum in global economy
By David Lawder WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that first quarter global growth slightly outpaced projections…
Oil prices up, hit nearly 3-month high as US inflation eases
By Stephanie Kelly NEW YORK (Reuters) – Oil prices rose over 1% on Thursday to their highest in nearly three…
Chip wars: How ‘chiplets’ are emerging as a core part of China’s tech strategy
By Jane Lanhee Lee and Eduardo Baptista (Reuters) – The sale of struggling Silicon Valley startup zGlue’s patents in 2021…
Goldman Sachs is about to report its worst quarterly earnings in years – Semafor
(Reuters) – Goldman Sachs will report its worst quarterly earnings in years next week, with a return on equity in…
Group challenges Texas ban on TikTok for public university employees
By David Shepardson WASHINGTON (Reuters) -A group on Thursday sued the state of Texas, claiming that research and teaching have…