By Arriana McLymore, Greg Bensinger NEW YORK (Reuters) -Amazon’s Prime Day is losing its luster among a critical group: sellers.…
Year: 2025
Chip design software maker Cadence raises annual forecasts on steady AI demand
(Reuters) -Cadence Design Systems raised its forecasts for annual revenue and profit on Monday, betting on resilient demand for its…
After yield surge, US Treasury expected to keep auction sizes steady
By Karen Brettell NEW YORK (Reuters) -The U.S. Treasury Department is expected to leave most of its auction sizes unchanged…
DeepMind UK staff plan to unionise and challenge deals with Israel links, FT reports
(Reuters) -Google DeepMind staff in Britain plan to unionise to challenge the company’s decision to sell its artificial intelligence (AI)…
JPMorgan survey shows consensus over weak dollar, US stagflation
(Reuters) -There is a much higher risk of stagflation than recession in the U.S. economy over the next year, while…
Elon Musk’s xAI Holdings in talks to raise $20 billion from investors, Bloomberg News reports
(Reuters) -Elon Musk’s xAI Holdings is in talks with investors to raise roughly $20 billion in funding for his newly…
DOGE orders AmeriCorps to cancel $400 million in grants, Washington Post reports
(Reuters) -Elon Musk’s Department of Government Efficiency has ordered the cancellation of around $400 million in grants doled out by…
Trump’s 2026 budget proposal plans billions in cuts, New York Times reports
(Reuters) -President Donald Trump’s administration aims to cut billions of dollars from programs that support child care, health research, education…
Exclusive-Barrick Gold contractors in Mali lay off staff amid government dispute -documents, sources
By Portia Crowe and Divya Rajagopal DAKAR (Reuters) -At least four subcontractors employing several hundred people at Barrick Gold’s complex…
US judge blocks Trump from ending union bargaining for many federal workers
By Daniel Wiessner (Reuters) -A federal judge on Friday temporarily blocked the administration of President Donald Trump from stripping hundreds…