By Mike Stone and Jeff Mason WASHINGTON (Reuters) -President Donald Trump said on Tuesday he had selected a design for the $175 billion Golden Dome missile defense shield and named a Space Force general to head the ambitious program aimed at blocking threats from China and Russia. Trump announced at a White House press conference…
By David French NEW YORK (Reuters) -Acrisure has raised $2.1 billion from Bain Capital and other investors, its CEO told Reuters on Tuesday, valuing the firm at $32 billion and allowing it to fund an expansion into products beyond its core insurance brokerage business. Grand Rapids, Michigan-based Acrisure was founded in 2005 as an insurance…
SEATTLE (Reuters) -Microsoft said it will add an artificial intelligence coding agent from Google-backed startup Anthropic to its GitHub service. Coding agents can carry out software development tasks, such as fixing bugs, on a human developer’s behalf. Microsoft on Monday introduced its own coding agent to GitHub, a Microsoft-owned service that many software companies use…
By Jonathan Stempel (Reuters) -Delta Air Lines can pursue much of its lawsuit seeking to hold cybersecurity company CrowdStrike liable for a massive computer outage last July that caused the carrier to cancel 7,000 flights, a Georgia state judge ruled. In a decision on Friday, Judge Kelly Lee Ellerbe of the Fulton County Superior Court…
By David Lawder CALGARY (Reuters) -The U.S. Treasury does not anticipate any trade deal announcements as part of a Group of Seven finance leaders meeting this week in Canada, and will not agree to a joint communique unless it serves U.S. interests, a source briefed on U.S. participation in the meeting said. The source told…
(Reuters) – A federal judge on Monday rejected Vanguard Group’s $40 million settlement with investors who claimed it stuck them with inflated tax bills in its popular target-date mutual funds. U.S. District Judge John Murphy in Philadelphia said the proposed class action settlement announced in November “provides no value” to investors because Vanguard could have…
(Reuters) -Dollar Tree on Monday named retail industry veteran Duncan MacNaughton as the chief executive officer of the Family Dollar chain, which is in the process of being bought by a group of private-equity investors for about $1 billion. MacNaughton, who served as the finance chief at Family Dollar until 2019 and has held positions…
By Steve Holland and Jasper Ward WASHINGTON (Reuters) -U.S. President Donald Trump said on Saturday he will speak with Russian President Vladimir Putin on Monday to discuss stopping the war in Ukraine, days after the first face-to-face talks in three years between Russia and Ukraine took place in Istanbul. Trump had offered to travel to…
By Wen-Yee Lee TAIPEI (Reuters) -Nvidia is evaluating how to address the China market after the U.S. government placed limits on sales of its Hopper H20 chip there but will not put out another version from the Hopper series, CEO Jensen Huang said on Saturday. Asked what their next chip for China after the H20…
(Reuters) -Elon Musk’s xAI responded to widespread reports that its Grok chatbot made claims about a genocide against white citizens in South Africa, saying there had been an unauthorized change to the artificial intelligence bot. In a post on X on Thursday, xAI said it would update the system to address the problem. Issues of…
