US House panel critical of Twitter probe to question FTC chair at July 13 hearing
By David Shepardson WASHINGTON (Reuters) -U.S. Federal Trade Commission Chair Lina Khan is set to testify on July 13 before…
Business
Oil prices inch higher after political turmoil in Russia
By Shariq Khan BENGALURU (Reuters) -Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global…
Malaysia to take legal action against Meta over harmful content
By A. Ananthalakshmi KUALA LUMPUR (Reuters) -Malaysia said on Friday it will take legal action against Facebook parent Meta Platforms…
U.S. Supreme Court spurns Apple-Broadcom challenge to Caltech patents
WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to hear a bid by Apple Inc and Broadcom Inc…
Tesla’s searing rally elicits downgrades, caution on Wall Street
By Aniruddha Ghosh (Reuters) -A blistering rally in Tesla Inc shares has powered the EV maker’s market value toward trillion-dollar…
KPMG to cut 5% of US jobs in fresh round of layoffs
(Reuters) – KPMG is laying off 5% of its U.S. employees after feeling the pinch of “economic headwinds, coupled with…
Biogen shareholders back Susan Langer as director
(Reuters) – Biogen shareholders elected former company executive Susan Langer as a director on Monday, weeks after her romantic partner,…
Bank of England to take Bank Rate to 5.50% over next two meetings: Reuters Poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will raise borrowing costs 50 basis points higher than was…
Stellantis getting help from dealers to deliver cars in Italy
MILAN (Reuters) – Stellantis has reached a deal with Italian dealers to help the carmaker deliver vehicles at a time…
Amazon cloud unit to invest nearly $8 billion in Ohio
(Reuters) – Amazon.com’s cloud computing division would invest $7.8 billion through 2030 in Ohio to expand its data center operations,…