US finalizes up to $6.35 billion in chips awards for Samsung Electronics, Texas Instruments
By David Shepardson WASHINGTON (Reuters) -The U.S. Commerce Department said on Friday it was finalizing an award of up to…
2024
Fitch raises Sri Lanka rating after creditor nod to $12.55 billion debt overhaul
(Reuters) – Credit ratings agency Fitch on Friday upgraded Sri Lanka’s long-term foreign-currency default rating to ‘CCC+’ from ‘restricted default’…
US funding bill to include plan to allow year-round E15 gasoline sales, sources say
By Stephanie Kelly and Jarrett Renshaw NEW YORK (Reuters) – An upcoming U.S. government funding bill is expected to include…
Fiat owner Stellantis launches upbeat plan to boost manufacturing in Italy
By Giuseppe Fonte and Giulio Piovaccari ROME (Reuters) -Fiat-maker Stellantis on Tuesday presented an upbeat plan to revitalise its output…
Grubhub to pay $25 million for misleading customers, restaurants, drivers
By Jody Godoy (Reuters) -Grubhub settled with the U.S. Federal Trade Commission and Illinois Attorney General Kwame Raoul on Tuesday…
Canada to impose more tariffs on Chinese imports in new year
By Promit Mukherjee OTTAWA (Reuters) – Canada plans to impose tariffs on a slew of Chinese products from as early…
Paramount’s $8.4 billion Skydance merger faces FCC challenge by Center for American Rights
(Reuters) – The Center for American Rights, a non-profit public-interest law firm, has petitioned the Federal Communications Commission (FCC) to…
AI startup Basis raises $34 million for accounting automation ‘agent’
By Anna Tong (Reuters) – Artificial intelligence startup Basis has raised $34 million in a Series A funding round for…
Half US at high risk of power shortfall in next decade, regulator says
NEW YORK (Reuters) – About half of the United States is at increased risk of power supply shortfalls in the…
Column-The five charts flashing red for U.S. equity bulls: McGeever
By Jamie McGeever ORLANDO, Florida (Reuters) – As the classic market cliche goes, investors should worry most when the consensus…