Semiconductor index surges with Nvidia leading race to AI ‘gold rush’
By Sinéad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) – The Philadelphia semiconductor index hit its highest level in…
Business
New York City commission votes to halt deposits at Capital One
NEW YORK (Reuters) – The New York City Banking Commission voted to halt deposits into the city’s bank accounts at…
JPMorgan notifies some First Republic employees of job losses -source
By Nupur Anand (Reuters) -JPMorgan Chase & Co has notified nearly 1,000 First Republic Bank employees that they will no…
Impossible Foods accused of misusing private investigators in meat-substitute patent fight
By Blake Brittain (Reuters) – Motif Foodworks told a Delaware federal court that plant-based meat rival Impossible Foods improperly hired…
US raises concerns with China about actions against US companies
(Reuters) – U.S. Commerce Secretary Gina Raimondo raised concerns about Chinese actions against U.S. firms operating in China with Chinese…
Fitch puts Fannie Mae, Freddie Mac on negative watch as US debt deadline looms
(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for…
US oil and gas auction yields nearly $80 million for federal coffers
(Reuters) -The U.S. on Thursday held its first sale of oil and gas drilling rights on federal lands since passage…
Taiwan says software problems delaying new F-16 deliveries
TAIPEI (Reuters) -Software problems are delaying the delivery to Taiwan of 66 advanced new F-16V fighter jets from the United…
Ford CEO says China main EV rival, not GM, Toyota
By David Shepardson (Reuters) – Ford Motor Co CEO Jim Farley said on Thursday Chinese electric vehicle makers are its…
Gap Inc posts surprise profit, shares jump 16% after hours
By Katherine Masters and Ananya Mariam Rajesh (Reuters) – Gap Inc on Thursday reported a surprise profit in the first…