Microsoft introduces its own chips for AI, with eye on cost
By Stephen Nellis (Reuters) – Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms…
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Biden, Xi to talk fentanyl in city gripped by opioid crisis
By Peter Henderson, Anna Tong and Trevor Hunnicutt SAN FRANCISCO (Reuters) – Just blocks from where U.S. President Joe Biden…
China receives US equipment to make advanced chips despite new rules – report
By Alexandra Alper WASHINGTON (Reuters) – Chinese companies are buying up U.S. chipmaking equipment to make advanced semiconductors, despite a…
Biogen cuts annual profit forecast on higher deal costs (Nov 8)
(This Nov. 8 story has been corrected to say Biogen cut profit forecast due to costs related to a deal,…
US bank regulators defend planned capital hikes to skeptical lawmakers
By Pete Schroeder and Michelle Price WASHINGTON (Reuters) -The Federal Reserve’s top Wall Street cop Michael Barr and other bank…
Fed’s Goolsbee sees inflation falling fast without jobless surge
(Reuters) – U.S. inflation is cooling at what could prove to be its fastest pace in at least 40 years,…
Home Depot tops estimates as customers spend on small projects
By Deborah Mary Sophia (Reuters) -Home Depot sales were better than expected in the third quarter, bolstered by customers spending…
Stellantis offering buyouts to about half its US salaried employees
By David Shepardson (Reuters) -Chrysler-parent Stellantis said Monday it is offering 6,400 U.S. salaried employees voluntary buyouts as it works…
Walmart, Target earnings to offer clues on crucial holiday season
By Siddharth Cavale NEW YORK (Reuters) – With a mixed picture of consumer demand emerging over the past quarter, earnings…
Boeing shares take off on report that China may lift 737 freeze, bumper Dubai orders
(Reuters) – Shares of Boeing rose on Monday after a report said China was considering ending its freeze on purchases…