US authorities begin releasing some seized cryptocurrency miners, industry executives say
By AJ Vicens and Raphael Satter DETROIT (Reuters) – U.S. authorities have in recent weeks begun releasing seized Chinese-made equipment…
Business
Amazon’s cloud business to invest $8.2 billion in Indian state in coming years
(Reuters) -Amazon’s cloud services provider, Amazon Web Services, will invest about $8.2 billion in India’s western state of Maharashtra over…
Analog Devices beats first-quarter revenue estimates as chip demand recovers
(Reuters) – Analog Devices topped first-quarter Wall Street expectations for revenue and profit on Wednesday, driven by a recovery in…
Weight-loss drug developer Metsera reveals wider loss in US IPO filing
(Reuters) -Weight-loss drug developer Metsera, backed by ARCH Venture Partners, revealed a wider loss in its paperwork for a U.S….
US proposes payment rate for 2026 Medicare Advantage insurers
(Reuters) – The U.S. government on Friday proposed 2026 reimbursement rates for Medicare Advantage plans run by private insurers that…
European drinks group skid after US surgeon general calls for cancer warnings
(Reuters) – Shares in European spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer…
Stifel expects S&P 500 to peak in early 2025 before falling
(Reuters) – Stifel expects the S&P 500 index to peak in the first half of 2025, then fall 10% to…
Nvidia steps up hiring in China to focus on AI-driven cars, Bloomberg News reports
(Reuters) -Nvidia has added about 200 people in China this year to enhance its research capabilities and focus on new…
Apple to bring satellite communications to smartwatch next year, Bloomberg News reports
(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a…
GameStop reports fall in third-quarter revenue as consumers curb spending
(Refiles to remove extraneous words in paragraph 2) (Reuters) – Videogame retailer GameStop reported a fall in third-quarter revenue on…