California legislature acts to keep film and TV production at home
By Lisa Richwine (Reuters) -Hollywood’s home state of California will more than double annual tax incentives for film and television…
Microsoft’s next-gen AI chip production delayed to 2026, The Information reports
(Reuters) -Microsoft’s next-generation Maia AI chip is facing a delay of at least six months, pushing its mass production to…
Private equity sits on $1 trillion amid uncertainties, M&A stalls, PwC says
By Sabrina Valle NEW YORK (Reuters) -Private equity firms are holding about $1 trillion in unsold assets, PricewaterhouseCoopers (PwC) said…
Texas Instruments plans $60 billion US investment amid Trump’s onshoring push
(Reuters) -Texas Instruments said it would spend more than $60 billion to expand its U.S. manufacturing footprint, the latest chipmaker…
EV maker VinFast sets up first dealership in California
(Reuters) -VinFast said on Wednesday its first dealership in San Diego, California, is set to begin operations this month, as…
Stablecoins’ market cap surges to record high as US senate passes bill
(Reuters) -The total market capitalization of stablecoins surged to a record high on Wednesday, data showed, as the U.S. Senate…
Exclusive-Musk’s xAI on track to raise $5 billion in fresh debt, following modest demand
By Matt Tracy, Echo Wang and Davide Barbuscia NEW YORK (Reuters) -Elon Musk’s xAI is on track to close on…
Trump contradicts his spy chief on Iran’s nuclear program
By Jonathan Landay WASHINGTON (Reuters) -U.S. President Donald Trump on Tuesday repudiated Director of National Intelligence Tulsi Gabbard’s assessment that…
US senators seek more security following Minnesota assassination
By Richard Cowan WASHINGTON (Reuters) -U.S. senators on Tuesday demanded tighter security in the wake of last weekend’s assassination of…
US State Dept has established Middle East task force amid Israel-Iran war
WASHINGTON (Reuters) -The U.S. State Department has established a Middle East task force to help coordinate support for U.S. citizens,…