Microsoft developing its own AI chip – The Information
(Reuters) – Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI…
US
Raytheon, Lockheed executives banned from China
BEIJING (Reuters) – China has banned senior executives of Raytheon Missiles & Defense and Lockheed Martin Corp from entering, working,…
Putin visits two regions in Ukraine, Russia presses assault on Bakhmut
By Dan Peleschuk and Guy Faulconbridge KYIV/MOSCOW (Reuters) – Russian President Vladimir Putin has met his commanders in two regions…
BNY Mellon beats profit estimates as higher rates boost interest income
(Reuters) – Bank of New York Mellon Corp beat first-quarter profit estimates on Tuesday, benefiting from the Federal Reserve’s rate…
Exclusive-Fed’s Bullard discounts recession talk, favors more rate hikes
By Howard Schneider ST. LOUIS (Reuters) – The U.S. central bank should continue raising interest rates on the back of…
Timeline of key events leading up to Fox, Dominion defamation trial
By Jack Queen (Reuters) – One of the most closely watched U.S. media trials in decades kicks off in a…
Lordstown Motors resumes production, deliveries after snafu
(Reuters) – Electric-vehicle company Lordstown Motors Corp said on Tuesday production and deliveries of its Endurance electric pick-up truck resumed…
Former Latham M&A co-chair Gerstein joins PJT Partners
By Anirban Sen NEW YORK (Reuters) – Mark Gerstein, a veteran dealmaker who stepped down from law firm Latham &…
BAT and Amazon in Italy probe over tobacco heater advertising
ROME (Reuters) – British American Tobacco and Amazon are under investigation in Italy over what regulators say is potentially misleading…
Nissan aims for 80% of model line-up to be electrified by 2030 – exec
TOKYO (Reuters) – Japanese automaker Nissan Motor aims to have seven electrified vehicle models by 2026 and 80% of its…