Intel jumps to 17-month high after Mizuho analyst upgrade
By Chibuike Oguh NEW YORK (Reuters) -Shares of Intel rose by nearly 7% on Thursday, hitting their highest level in…
Biden removes sanctions from Chinese institute in push for fentanyl help
By Alexandra Alper and Michael Martina WASHINGTON (Reuters) -The Biden administration on Thursday removed the Chinese Ministry of Public Security’s…
US FAA okays SpaceX license for second launch of Starship Super Heavy
By Joey Roulette (Reuters) -The U.S. Federal Aviation Administration on Wednesday granted Elon Musk’s SpaceX a license to launch the…
Elon Musk denies report of potential Starlink IPO in 2024
(Reuters) – Elon Musk on Wednesday denied a report that his rocket company SpaceX was discussing an initial public offering…
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…
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,…