U.S. identifies Gulf of Maine area for offshore wind development
By Nichola Groom (Reuters) – President Joe Biden’s administration on Tuesday said it had finalized an area of nearly 10…
Business
Binance.US calls off $1.3 billion deal for Voyager’s assets
By Niket Nishant and Hannah Lang (Reuters) -Binance.US has called off its $1.3 billion deal to buy assets of bankrupt…
US consumer confidence hits nine-month low; housing market bottoming out
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer confidence dropped to a nine-month low in April as worries about the…
First Republic’s strategic options “very challenging” – Fitch
By Saeed Azhar NEW YORK (Reuters) – First Republic Bank’s strategic options are “very challenging” because any potential sale is…
Cryptoverse: Investors pick their AI race horses
By Lisa Pauline Mattackal (Reuters) – What do you get when you cross cryptocurrencies with artificial intelligence? A seemingly sentient…
Nvidia releases software tools to help chatbots watch their language
By Stephen Nellis (Reuters) – Nvidia Corp, a major supplier of chips and computing systems for artificial intelligence, on Tuesday…
First Republic Bank short positions turn profitable for month – S3 Partners
NEW YORK (Reuters) – Short interest in shares of beleaguered First Republic Bank rose by $389.8 million to $945.5 million…
McDonald’s sales surge on more visits amid recession threat
By Hilary Russ and Deborah Mary Sophia (Reuters) -McDonald’s Corp beat Wall Street expectations for quarterly global comparable sales and…
British American Tobacco Plc to pay more than $635 million in North Korea sanctions case
By Sarah N. Lynch and Doina Chiacu WASHINGTON (Reuters) -British American Tobacco Plc has agreed to pay more than $635…
GM to end production of Chevrolet Bolt EV later this year
By David Shepardson WASHINGTON (Reuters) -General Motors Co said on Tuesday it will end production of its Chevrolet Bolt electric…