Microsoft-OpenAI deal set to dodge formal EU merger probe, sources say
By Foo Yun Chee and Yuvraj Malik (Reuters) -EU antitrust regulators have concluded that Microsoft’s $13 billion investment into OpenAI…
Tag: Updated
Trump Media shares tank after filing shows more stock may be sold
By Echo Wang (Reuters) -Shares of Donald Trump’s social media company slumped 18% on Monday, extending losses since the stock’s…
Tesla supplier Piedmont Lithium gets key North Carolina mining permit
By Ernest Scheyder (Reuters) -North Carolina regulators have approved a state mining permit for Tesla supplier Piedmont Lithium to develop…
Charles Schwab revenue beats estimates on higher asset management fees
(Reuters) -Charles Schwab’s first-quarter revenue exceeded Wall Street estimates on Monday, helped by a jump in asset management fees and…
BlackRock doubles down on India bet, signs new JV with Ambani’s Jio Financial
MUMBAI (Reuters) – Jio Financial Services said on Monday that it had entered into a new joint venture (JV) with…
US issues auto dealers over $580 million in advance EV tax rebates this year
By David Shepardson WASHINGTON (Reuters) -The U.S. government has reimbursed auto dealers for more than $580 million in advance point-of-sale…
Citi profit falls on severance costs from reorganization while stock slides
By Manya Saini and Tatiana Bautzer (Reuters) -Citigroup’s first-quarter profit fell 27% as the bank took charges related to its…
Trump loses third bid this week to delay hush money trial
By Luc Cohen NEW YORK (Reuters) -A New York appeals judge on Wednesday denied Donald Trump’s third last-ditch attempt this…
Fed looks to slice balance sheet runoff pace by half
By Michael S. Derby NEW YORK (Reuters) -The Federal Reserve is preparing in short order to slow the rate at…
US government’s Apple antitrust suit gets new judge after recusal
By Mike Scarcella (Reuters) – The U.S. Justice Department’s blockbuster case accusing Apple of unlawfully monopolizing the smartphone market was…