AI mania drives Wall Street to higher close ahead of earnings
By Carolina Mandl and Bansari Mayur Kamdar (Reuters) – The tech-heavy Nasdaq closed higher on Tuesday, leading gains on Wall…
Bowe Bergdahl’s court-martial conviction voided by U.S. judge
By Phil Stewart WASHINGTON (Reuters) – A U.S. federal judge on Tuesday voided a 2017 court-martial conviction against Bowe Bergdahl,…
Japan’s business services inflation slows in June
TOKYO (Reuters) – Japan’s business-to-business service inflation slowed in June, data showed on Wednesday, suggesting that companies remained slow in…
Banc of California and PacWest to merge, raise $400 million in equity
By Niket Nishant, Nupur Anand and David French (Reuters) – Banc of California and PacWest Bancorp will merge in an…
Microsoft charges ahead with spending to serve AI demand
By Yuvraj Malik and Stephen Nellis (Reuters) -Microsoft on Tuesday laid out an aggressive spending plan to meet demand for…
US Senate backs measure requiring reporting on China tech investments
By Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate overwhelmingly backed legislation on Tuesday that would require U.S. companies to…
Top US Republican McCarthy ponders Biden impeachment probe
By David Morgan WASHINGTON (Reuters) – The top Republican in the U.S. Congress said on Tuesday that he could launch…
Senators propose banning stock trades for US Congress, president
WASHINGTON (Reuters) – Members of the U.S. Congress, the president, vice president and senior executive branch officials and their relatives…
Puerto Rican bank sues NY Fed for suspending account in Venezuela-linked crackdown
By Luc Cohen NEW YORK (Reuters) – The New York Federal Reserve was sued on Tuesday by a Puerto Rican…
Wildfires bring death and destruction to sun-scorched Mediterranean
By Fedja Grulovic and Lamine Chikhi RHODES/ALGIERS (Reuters) – Large areas of the Mediterranean sweltered under an intense summer heatwave…