WASHINGTON (Reuters) -U.S. President Donald Trump suggested on Monday that he would not make a deal with American AI chip…
Category: Business
GitHub CEO Thomas Dohmke to step down, plans new startup
(Reuters) -GitHub Chief Executive Thomas Dohmke said on Monday he will leave the Microsoft-owned code-hosting platform to launch a new…
Citigroup, UBS lift S&P 500 year-end targets echoing Wall Street peers
By Joel Jose (Reuters) -Citigroup and UBS Global Research became the latest Wall Street brokerages to raise their year-end targets…
Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac
(Reuters) -Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie…
Firefly Aerospace sputters a day after stellar Nasdaq debut
By Manya Saini (Reuters) -Firefly Aerospace shares fell 11% in morning trading on Friday, in what was perceived as a…
FanDuel owner raises profit forecast as gamblers’ winning streak ends
By Padraic Halpin DUBLIN (Reuters) -FanDuel-owner Flutter raised its forecast for full-year profit growth on Thursday after a six-month-long winning…
Ripple to buy stablecoin platform Rail for $200 million
By Hannah Lang (Reuters) -Ripple will buy stablecoin payments platform Rail for $200 million, the company said on Thursday, weeks…
US issues exemption for self-driving Zoox vehicles, closes probe
By David Shepardson (Reuters) -The National Highway Traffic Safety Administration said Wednesday it has certified Amazon.com’s self-driving unit Zoox vehicles…
Novartis weighs deal for biotech Avidity Biosciences, FT reports
(Reuters) -Swiss drugmaker Novartis has approached U.S. biotech Avidity Biosciences for a potential takeover offer, the Financial Times reported on…
GM signs rare earth magnet deal with Noveon Magnetics
(Reuters) -General Motors has entered into a multi-year deal under which Noveon Magnetics will supply rare earth magnets for use…