By Gabriella Borter WASHINGTON (Reuters) – Democratic U.S. Senator Tina Smith said she will not seek re-election in 2026, which leaves an open seat in moderately competitive Minnesota and complicates her party’s hopes of winning back control of the chamber in the midterm elections. Smith, 66, was first elected in a special election in 2018….
By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and Science Act awards and has signaled delays to some upcoming semiconductor disbursements, two sources familiar with the matter told Reuters. The people, along with a third source, said the new administration is reviewing the projects…
By Niket Nishant and Manya Saini (Reuters) -Robinhood has cemented its foothold in the crypto trading market as its commission-free model attracts price-conscious customers, analysts said, strengthening its position as a rival to digital asset-focused exchanges such as Coinbase. Robinhood reported an eight-fold jump in transaction-based revenue from crypto trading for the fourth quarter. The…
By Matt Tracy and Saeed Azhar WASHINGTON/NEW YORK (Reuters) – Blackstone plans to take out a loan of about $800 million to finance the purchase of a stake in a 50-story office building in New York City, according to two sources familiar with the matter. The deal is likely to be closed, and any new…
By Phuong Nguyen HANOI (Reuters) – Vietnamese electric vehicle maker VinFast said on Thursday it delivered about 97,000 cars last year, nearly three times as many as in 2023, but sales were almost exclusively in its domestic market. The company said it planned to at least double global sales this year, buoyed by a large…
