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Microsoft signs power purchase deal with nuclear fusion company Helion

The Cheap InvestorMay 10, 2023May 10, 20230

By Timothy Gardner WASHINGTON (Reuters) -Private U.S. nuclear fusion company Helion Energy will provide Microsoft with electricity in about five…

  • Asia
  • Business

EU decision clearing $69 billion Microsoft, Activision deal expected May 15, sources say

The Cheap InvestorMay 10, 2023May 10, 20230

By Foo Yun Chee BRUSSELS (Reuters) – EU antitrust regulators are set to approve Microsoft Corp’s $69 billion acquisition of…

  • Business
  • Economy

U.S. government posts smaller $176 billion April surplus as revenues shrink

The Cheap InvestorMay 10, 2023May 10, 20230

By David Lawder WASHINGTON (Reuters) -The U.S. government reported a $176 billion surplus in April, down sharply from a year-ago…

  • Business
  • Politics

OpenAI CEO to testify in US Senate next week amid questions about technology

The Cheap InvestorMay 10, 2023May 10, 20230

WASHINGTON (Reuters) -OpenAI CEO Sam Altman will make his first appearance before a Senate panel next week as the U.S….

  • Asia
  • Business

Panasonic delays production of new Tesla battery to improve performance

The Cheap InvestorMay 10, 2023May 10, 20230

By Hyunjoo Jin and Kiyoshi Takenaka SAN FRANCISCO/TOKYO (Reuters) – Panasonic said on Wednesday that it will delay the commercial…

  • Business
  • Economy

Microsoft skips pay hikes this year amid sharp focus on AI

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -Microsoft Corp said on Wednesday it will not raise salaries for full-time employees this year, citing tough economic conditions,…

  • Business

U.S. prosecutor query, quarterly loss hit already reeling shares of Icahn’s company

The Cheap InvestorMay 10, 2023May 10, 20230

(Reuters) -Billionaire Carl Icahn’s holding company said on Wednesday it was contacted by U.S. prosecutors, and it posted a surprise…

  • Business
  • Economy

Europe needs to steer its own trade agenda, German economy minister says

The Cheap InvestorMay 10, 2023May 10, 20230

BERLIN (Reuters) – With China and the U.S. fixated on each other, Europe is at risk of being paralysed in…

  • Business
  • Economy

French central bank sees Q2 growth vs. Q1

The Cheap InvestorMay 10, 2023May 10, 20230

PARIS (Reuters) – The French economy is set to grow slightly in the second quarter when compared to the previous…

  • Business
  • Economy

US airlines thrown a curveball as consumer habits change post-pandemic

The Cheap InvestorMay 10, 2023May 10, 20230

By Rajesh Kumar Singh CHICAGO (Reuters) – Shifting travel patterns by consumers in a post-pandemic world are forcing airlines to…

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