Alphabet shares sink as Microsoft extends cloud lead with focus on OpenAI
By Aditya Soni and Krystal Hu (Reuters) -Alphabet shares slumped on Wednesday after its cloud unit’s growth fell to near…
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Thermo Fisher’s warning on more pain from biotech funding squeeze hits sector
By Bhanvi Satija (Reuters) -Thermo Fisher Scientific on Wednesday signaled that a slump in demand from biotechs for its services…
UAW strikes GM’s Escalade factory, turning up pressure for higher wages
By David Shepardson and Joseph White (Reuters) -The United Auto Workers (UAW) union on Tuesday struck a General Motors assembly…
Tesla aware of Autopilot steering malfunction before fatal crash -lawyer
By Dan Levine and Hyunjoo Jin (Reuters) – An attorney suing Tesla over a fatal accident cited an internal safety…
Time for central bank digital currencies to prove their worth
By Marc Jones LONDON (Reuters) -A milestone move by the European Central Bank toward launching a digital euro within a…
NextEra CEO Expects Results to Beat Expectations for Next Three Years
By Nicole Jao and Seher Dareen (Reuters) -NextEra Energy expects financial results to be at least near the top of…
Chevron to buy Hess for $53 billion in latest oil mega-merger
By Sabrina Valle and Mrinalika Roy HOUSTON (Reuters) – Chevron has agreed to buy Hess for $53 billion in stock…
Exclusive-Nvidia to make Arm-based PC chips in major new challenge to Intel
By Stephen Nellis and Max A. Cherney (Reuters) -Nvidia dominates the market for artificial intelligence computing chips. Now it is…
Bitcoin soars to 1-1/2-year high on ETF bets
By Hannah Lang and Kanjyik Ghosh (Reuters) – Bitcoin soared 10% to 1-1/2 year highs on Monday, and crypto-linked stocks…
Dollar falls as Treasury yields retreat
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar fell against a basket of currencies on Monday, tracking a…