Musk donates to group working to elect Trump, Bloomberg reports
WASHINGTON (Reuters) -Billionaire Elon Musk has donated to a political group working to elect former U.S. President Donald Trump, Bloomberg…
IBAT launches new lithium extraction technology in Utah
(This July 11 story has been officially corrected to fix the companies’ production run rate in a bullet and in…
Intel on track for cumulative software sales of $1 billion by end 2027, exec says
By Fanny Potkin SINGAPORE (Reuters) – Intel’s push into software is going well and the company could have cumulative software…
JPMorgan beats profit estimates on investment banking boost
By Niket Nishant and Nupur Anand (Reuters) – JPMorgan Chase beat estimates for second-quarter profit on Friday, as its investment…
Citi profit beats on surge in investment banking, services strength
By Tatiana Bautzer and Manya Saini (Reuters) -Citigroup beat Wall Street expectations for second-quarter profit on Friday, boosted by a…
Global stock index climbs while dollar falls after US inflation data
By Sinéad Carew and Marc Jones NEW YORK/LONDON (Reuters) – A global index of stocks hit record highs on Thursday,…
US FTC to delay decision on Chevron-Hess deal during Exxon arbitration, Bloomberg reports
(Reuters) – The U.S. Federal Trade Commission plans to delay its decision whether to block Chevron’s $53 billion takeover of…
Ukraine gets new $225 million US military aid after Biden meets Zelenskiy
By Jeff Mason and Kanishka Singh WASHINGTON (Reuters) -The United States on Thursday announced a new security package for Ukraine…
U.S. June budget deficit shrinks to $66 billion after calendar shifts
WASHINGTON (Reuters) – The U.S. government recorded a $66 billion budget deficit for June that was reduced sharply by a…
Boeing CEO called NTSB chair to apologize after MAX probe rules violation
By David Shepardson WASHINGTON (Reuters) -Boeing CEO Dave Calhoun apologized and vowed the planemaker would follow government rules after the…