(Reuters) – A U.S. judge has ruled that Google illegally monopolized digital advertising markets, paving the way for a break up of the internet empire that was started out of a Stanford University dormitory nearly 27 years ago. Google’s platform for advertisers, closely tied to the online search unit, is a core driver of its…
By Will Dunham WASHINGTON (Reuters) -A mineral called siderite found abundantly in rock drilled by a NASA rover on the surface of Mars is providing fresh evidence of the planet’s warmer and wetter ancient past when it boasted substantial bodies of water and potentially harbored life. The Curiosity rover, which landed on Mars in 2012…
(Reuters) – Ford Motor may raise prices of its new vehicles in May if U.S. President Donald Trump’s auto tariffs are not eased, Automotive News reported on Wednesday, citing a memo to dealers. Both U.S. and foreign automakers have rushed to alleviate consumer concerns about tariffs inflating costs at dealerships by offering price assurances and…
By Michael S. Derby (Reuters) -Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday high uncertainty in the U.S. economy right now argues for the central bank to hold steady on interest rate policy and take in more information before deciding what needs to happen next. “Given the economy’s starting point, and with…
By Phil Stewart and Idrees Ali WASHINGTON (Reuters) – A Pentagon investigation into leaks of classified and sensitive information has expanded to include two more aides to Defense Secretary Pete Hegseth and his deputy, officials said on Wednesday. Reuters was first to report on Tuesday that Dan Caldwell, a senior adviser to Hegseth, was escorted…
By Jody Godoy WASHINGTON (Reuters) – Meta Platforms CEO Mark Zuckerberg testified this week at a high-stakes trial in Washington where the U.S. Federal Trade Commission is seeking to unwind Meta’s acquisitions of prized assets Instagram and WhatsApp. Here are five key moments from his testimony. BREAKUP CONSIDERED Zuckerberg in 2018 floated the idea of…
By Ernest Scheyder (Reuters) – Deep-sea mining firm Impossible Metals said on Tuesday that it has asked U.S. federal officials to launch a commercial auction for access to deposits of nickel, cobalt and other critical minerals off the coast of American Samoa. The waters around the Pacific Ocean territory are estimated to contain large amounts…
By Rajesh Kumar Singh CHICAGO (Reuters) -United Airlines forecast lower-than-expected profit for the current quarter on Tuesday and warned of downside risks to its full-year outlook if the U.S. economy slips into a recession. The Chicago-based airline expects an adjusted profit in the range of $3.25 a share to $4.25 per share in the quarter…
By Maximilian Heath BUENOS AIRES (Reuters) – Argentina’s major Buenos Aires grains exchange, already forecasting a bumper wheat crop, could raise its estimates even higher if a temporary export tax cut until the end of June is extended, the body’s chief economist told Reuters on Tuesday. On the sidelines of an event to unveil the…
By Svea Herbst-Bayliss and Arsheeya Bajwa (Reuters) -Hedge fund Elliott Investment Management has built a stake of more than $1.5 billion in Hewlett Packard Enterprise, a person familiar with the matter said on Tuesday. Elliott, one of the world’s biggest activist investors, now ranks among the information technology company’s biggest investors and plans to engage…
