Billionaire investor Ackman considering backing Trump in US election, source says
By Carolina Mandl (Reuters) -Billionaire hedge fund manager Bill Ackman is considering endorsing Donald Trump as the former U.S. president…
Elon Musk could become policy adviser if Trump wins election, WSJ reports
WASHINGTON (Reuters) – Donald Trump is considering tapping billionaire Elon Musk as a policy adviser if the Republican presidential candidate…
Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit
By Mike Scarcella (Reuters) – Visa and Mastercard have agreed to pay $197 million to resolve a class action by…
Boeing says it’s making progress on 737 MAX anti-ice engine issue
WASHINGTON (Reuters) – Boeing said Wednesday it is making progress on developing a permanent solution to address an issue with…
Elon Musk plans xAI supercomputer, The Information reports
(Reuters) – U.S. businessman Elon Musk recently told investors that his artificial intelligence startup xAI is planning to build a…
Tesla shareholders advised to reject Musk’s $56 billion pay
(Reuters) – Proxy advisory firm Glass Lewis said on Saturday it has urged Tesla shareholders to reject a $56 billion…
Samsung encouraged to invest more in China, Premier Li Qiang says
BEIJING (Reuters) – Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment…
Reaction to World Court’s order for Israel to halt Rafah assault in Gaza
(Reuters) -Israel was ordered by the World Court on Friday to halt its military assault on the city of Rafah…
Texas power prices soar ahead of record-breaking Memorial Day weekend
By Scott DiSavino (Reuters) – Power prices in Texas soared for Friday with electric demand expected to break the record…
Boeing’s cash flow situation is worse than expectations, S&P analyst says
(Reuters) – Boeing’s cash flow situation is incrementally worse than their expectations, an S&P Global Ratings analyst said, after the…