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BEVERLY HILLS, California (Reuters) – Pockets of the U.S. corporate debt market are flashing warning signs that a cooling economy is squeezing the most fragile borrowers, a BlackRock executive said, despite broader market hopes that the turbulence from tariffs has subsided. Credit spreads – the premium investors demand to hold corporate debt rather than safer…
SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to attract and retain new employees, and compensation for its new CEO Lip-Bu Tan. Intel shares fell 1.6% in early afternoon trading after dropping 36% in the past year. Shareholders approved the Santa Clara, California-based company’s board…
By Stephen Nellis SAN FRANCISCO (Reuters) -Microsoft on Tuesday said it will release a new laptop and tablet with chips from Qualcomm at lower prices than before, aiming to get new AI features to a broader set of customers. The newest Surface 13-inch laptop and Surface Pro 12-inch tablet will go on sale on May…
By Joey Roulette WASHINGTON (Reuters) -SpaceX received key U.S. regulatory approval on Tuesday to increase the annual rate of Starship rocket launches from Texas and booster landings in various bodies of water, allowing Elon Musk’s space company to significantly expand development of its giant Mars rocket. The Federal Aviation Administration, capping a years-long review, said…
