By Jody Godoy (Reuters) -A U.S. lawsuit where Alphabet’s Google was ordered on Tuesday to share search data with competitors is just one of the major efforts by U.S. antitrust enforcers to challenge Big Tech companies over their dominance. Here are the statuses of the U.S. antitrust cases or probes against some of the world’s…
BERLIN (Reuters) -Germany’s VDMA machinery and equipment manufacturers lobby on Friday called the EU’s planned tariff exemption for certain products from the United States “a direct slap in the face” and said the EU Commission needed to “urgently renegotiate”. The European Commission proposed on Thursday removing duties on imported U.S. industrial goods in return for…
By Yuka Obayashi, Katya Golubkova and Ritsuko Shimizu TOKYO (Reuters) -Japan’s Nippon Steel plans to increase profit at U.S. Steel through an $11 billion investment and the transfer of its operational techniques and advanced technologies to expand capacity and add more high-grade products, a senior executive said. Nippon Steel’s $14.9-billion acquisition of U.S. Steel closed…
By Olivia Le Poidevin GENEVA (Reuters) -More food aid is reaching Gaza but it still remains far from enough to prevent widespread starvation, the head of the World Food Programme (WFP) told Reuters on Thursday. “We’re getting a little bit more food in. We’re moving in the right direction … but it’s not nearly enough…
(Reuters) -Apple will distribute its curated radio stations on a global network of devices, including speakers, headphones and cars, through a partnership with TuneIn, the digital radio platform said on Wednesday. The Cupertino, California-based technology giant’s six radio stations will be available outside its app for the first time on TuneIn to its 75 million…
By Suzanne McGee (Reuters) -AI hype that has helped push U.S. stocks to fresh records this year has driven an explosion in leveraged single stock exchange-traded funds, a universe of speculative products that is likely to be tested by Nvidia’s Wednesday earnings. Companies that investors expect to benefit either directly or indirectly from the AI…
When the market was closed, this was happening Today’s Breaking News ⏳ Time to Say Goodbye to “Old” Dollar? Say Hello to “Trump’s New Dollar” [sponsor] Analysis-Canadian Pacific joins Buffett in rejecting railroad consolidation, narrowing merger prospects NEW YORK (Reuters) -Two major rail operators have taken themselves out of the merger game that has gripped the…
(Reuters) -Kroger is laying off nearly 1000 corporate workers, Bloomberg News reported on Tuesday, citing a memo sent to staff by interim CEO Ron Sargent. The company, as of February, employed over 409,000 staff, with most of them working in stores. The grocer had said in June it would close about 60 underperforming stores over…
(Reuters) -The U.S. Transportation Department said on Tuesday it is cancelling $175 million for four projects that are part of California’s high-speed rail project, following cancellation of $4 billion in federal grants for the state’s ambitious but much-delayed high-speed rail project in July. The Trump administration said Tuesday it will withdraw funding for grade separation,…
(Reuters) -Meta’s planned AI data center in Louisiana will cost $50 billion, President Donald Trump said during a cabinet meeting on Tuesday. The social media company is building its largest data center in Richland Parish, which could handle intense computational power to support digital infrastructure, including artificial intelligence workloads. The Facebook and Instagram parent declined…
