Explainer-What is Elon Musk’s DOGE? How much money has it saved US taxpayers?
By Tim Reid WASHINGTON (Reuters) – U.S. President Donald Trump is expected to boast about his sweeping cuts to the…
2025
Tariffs would need to be in place for years to alter US-Canada crude flows, Enbridge says
By Amanda Stephenson CALGARY (Reuters) -Tariffs on Canadian oil would need to be in place for years before significantly altering…
Nvidia-backed cloud firm CoreWeave reveals revenue surge in US IPO filing
By Arasu Kannagi Basil (Reuters) -Nvidia-backed CoreWeave’s revenue surged more than eight-fold in 2024, the cloud provider disclosed on Monday…
Eyeing the Pacific, Lockheed unveils low-cost $150,000 cruise missile
WASHINGTON (Reuters) – Lockheed Martin plans to unveil a new “affordable” cruise missile on Monday with a cost of about…
Pfizer could use existing US manufacturing to counter potential tariff hit
By Christy Santhosh (Reuters) -Pfizer CEO Albert Bourla said on Monday the drugmaker might move overseas manufacturing to its existing…
Tesla rises 2% as Morgan Stanley backs AI, robotics efforts with ‘top pick’ status
By Kanchana Chakravarty and Aditya Soni (Reuters) – Tesla shares rose 2% on Monday after Morgan Stanley reinstated the electric-vehicle…
Fox CEO expects new streaming service to attract users in mid-single-digit millions
(Reuters) – Fox Corp’s upcoming subscription streaming service is expected to draw subscribers in the mid-single-digit millions range, CEO Lachlan…
Wells Fargo drops financed emissions target amid ESG rethink
(Reuters) – Wells Fargo is scrapping its goal of achieving net-zero emissions across its financed portfolio by 2050 as banks…
Amazon’s Wondery podcast unit trims jobs
By Greg Bensinger (Reuters) – Amazon.com cut “a small number” of jobs at its Wondery podcast unit, known for “Dr….
Trump’s proposed auto tariffs seen hitting demand for platinum group metals
By Ashitha Shivaprasad and Shivansh Tiwary (Reuters) – Demand for industrial precious metals platinum and palladium will likely fall if…