By Jonathan Stempel (Reuters) -A divided federal appeals court on Monday put on hold an injunction that blocked Elon Musk and his Department of Government Efficiency from accessing Americans’ private data at the Treasury and Education departments and the Office of Personnel Management. In a 2-1 vote, the 4th U.S. Circuit Court of Appeals stayed…
By Daina Beth Solomon and Fabian Cambero SANTIAGO (Reuters) – Chile’s total lithium resources are 28% greater than previously estimated, according to new studies of salt flats in the northern Antofagasta region that show a higher amount of the battery metal, state mining body ENAMI said on Monday. A new analysis shows that the La…
(Reuters) – German chipmaker Infineon Technologies said on Monday it would buy Marvell Technology’s automotive ethernet business for about $2.5 billion in cash, to expand its microcontroller segment. The automotive ethernet business, which will become a part of Infineon’s automotive division, is expected to generate revenue between $225 million and $250 million in the calendar…
(Reuters) -Broadcom said on Monday it was launching a new share buyback program of up to $10 billion, set to run through the end of the year. Shares of the chipmaker rose nearly 3% in extended trading. During buybacks, firms buy their own shares on the stock exchange, reducing the proportion of shares held by…
