By Georgina McCartney and Arathy Somasekhar HOUSTON (Reuters) – U.S. refiner Delek has the option to run more light, sweet crude oil if it is economical to do so, CEO Avigal Soreq said on Thursday, amid tariff uncertainty threatening supplies of heavy sour grades from Canada and Mexico. U.S. President Donald Trump on Saturday announced…
WASHINGTON (Reuters) -Agents working for billionaire Elon Musk have accessed highly restricted government records on millions of federal employees maintained by the Office of Personnel Management, the Washington Post reported on Thursday, citing four U.S. officials with knowledge of the developments. The records accessed by Musk’s Department of Government Efficiency (DOGE) included Treasury and State…
By Steve Holland and Nandita Bose WASHINGTON (Reuters) -U.S. President Donald Trump will meet with the CEOs of U.S. Steel and FedEx on Thursday, White House officials said. Nippon Steel’s bid to acquire U.S. Steel was blocked last month by then-President Joe Biden, citing national security concerns. U.S. Steel CEO David Burritt has appealed to…
WASHINGTON (Reuters) – U.S. Defense Secretary Pete Hegseth said on Wednesday that the Pentagon was prepared to look at all options when it came to Gaza, a day after President Donald Trump said that he would like the U.S. to take control of and redevelop the Gaza Strip. “I would just say, on the question…
By Shankar Ramakrishnan NEW YORK (Reuters) -Banks led by Morgan Stanley have sold $5.5 billion of some $13 billion of debt they lent to support Elon Musk’s $44 billion acquisition of Twitter, now called X, in 2022, said a source with knowledge of the deal. The acquisition was funded by a $6.5 billion secured term…
(Reuters) – UnitedHealth has reached out to the U.S. Securities and Exchange Commission about billionaire investor Bill Ackman’s now-deleted post on social media platform X that said he would take a short position in the healthcare conglomerate. WHY IT’S IMPORTANT “If I still shorted stocks, I would short United Healthcare,” Ackman said in his post,…
By Kenrick Cai SAN FRANCISCO – Alphabet’s Google on Wednesday announced updates to its Gemini family of large language models, including a new product line with competitive pricing to low-cost artificial intelligence models like that of Chinese rival DeepSeek. The tech giant offers several versions of Gemini that vary in price and performance. It already…
By Iain Withers LONDON (Reuters) – BlackRock is gearing up to launch a bitcoin exchange-traded product in Europe within weeks, a source familiar with the matter told Reuters, amid growing demand for exposure to cryptocurrencies from both money managers and consumers. The product will likely be domiciled in Switzerland, the source added. The Wall Street…
By Greg Bensinger (Reuters) -Amazon is set to release its long-awaited – and delayed – Alexa generative artificial intelligence voice service, said three people familiar with the matter, and has scheduled a press event for later this month to preview it. Once released, it would mark the most significant upgrade to the product since its…
(Reuters) – Short video app TikTok’s owner ByteDance seems to be slow-rolling negotiations for a sale while waiting for approval from the Chinese government, even as President Donald Trump’s allies race to broker a deal to sell it to an American bidder, the Washington Post reported on Wednesday. China is likely to take a hard-line…
