By Brendan Pierson (Reuters) – A federal judge on Tuesday blocked billionaire Elon Musk and his Department of Government Efficiency from taking any more steps to shut down the U.S. Agency for International Development, saying their efforts to close the agency likely violated the U.S. Constitution. In a preliminary ruling, U.S. District Judge Theodore Chuang…
(Reuters) -Google-parent Alphabet is in advanced talks to acquire cybersecurity startup Wiz for around $30 billion, a source familiar with the matter said on Monday, potentially marking the tech giant’s largest deal to date. The deal hasn’t been signed and could still change, the person said. Alphabet and Wiz did not immediately reply to Reuters…
By Gram Slattery and Trevor Hunnicutt (Reuters) – U.S. President Donald Trump on Monday suggested that Chinese President Xi Jinping may visit the United States “in the not-too-distant future” for talks as economic tensions escalate between the powers. Trump has slapped 20% levies on all imports from China since taking office in January, faulting Beijing…
By Lisa Pauline Mattackal (Reuters) – Shares of quantum computing and artificial intelligence companies rose on Monday, as investors hoped that Nvidia would blow some life back into the beaten-down sectors with new announcements at its annual conference. The five-day GTC AI conference, which was already underway, will devote an entire day to quantum computing…
By Jonathan Stempel (Reuters) -A U.S. judge dismissed a lawsuit accusing Amazon.com of defrauding shareholders about its treatment of third-party sellers and plans to expand capacity, culminating in a Federal Trade Commission antitrust case against the online retail giant. Monday’s dismissal by U.S. District Judge John Chun in Seattle was with prejudice, meaning the proposed…
(Reuters) – Swedish fintech firm Klarna disclosed on Friday that its revenue jumped 24% in 2024 as the buy now, pay later pioneer made public its filing for a much-anticipated U.S. stock market listing. The company, which reshaped online shopping through its short-term financing model, drew investor attention as its valuation soared from $5.5 billion…
By David Shepardson WASHINGTON (Reuters) – U.S. planemaker Boeing lost its way and trust of the American people after a January 2024 mid-air emergency involving a new Boeing 737 MAX and two fatal crashes in 2018 and 2019, Transportation Secretary Sean Duffy said in a Fox News broadcast on Friday. Duffy also said the Federal…
The stock market has been on a rollercoaster in 2025, with investors wondering whether the worst is behind us—or if more pain lies ahead. 📊 The Nasdaq 100 recently fell into correction territory, down over 10% from its highs. The S&P 500 has struggled to find support, and investor sentiment is near its lowest levels in…
WASHINGTON (Reuters) – U.S. Vice President JD Vance said on Friday he expects a “high level” TikTok deal by the April 5 deadline. “There will almost certainly be a high-level agreement that I think satisfies our national security concerns, allows there to be a distinct American TikTok enterprise,” he told NBC News during an interview…
(Reuters) – Elon Musk’s Tesla said in a letter to the US trade representative Jamieson Greer that President Donald Trump’s trade war could make it a target for retaliatory tariffs against the U.S. “As a U.S. manufacturer and exporter, Tesla encourages USTR to consider the downstream impacts of certain proposed actions taken to address unfair…
