Elon Musk won $56 billion payday because of vote, Tesla argues in court
By Tom Hals WILMINGTON, Delaware (Reuters) – Tesla is claiming Elon Musk won his legal battle over his $56 billion…
Meta must face lawsuit claiming it prefers foreign workers over US citizens
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms…
Crypto firm Abra reaches settlement with US states for operating without licenses
By Hannah Lang (Reuters) – Financial regulators in 25 U.S. states announced on Wednesday a settlement with cryptocurrency investment platform…
US value stocks offer opportunities for bargain-hunters, BofA’s Subramanian says
By Suzanne McGee (Reuters) – Value stocks offer some of the most compelling valuations in the U.S. equity market after…
Amazon hits $2 trillion in valuation on AI fervor, rate cut bets
(Reuters) -Amazon.com Inc hit $2 trillion in market value for the first time on Wednesday, becoming the fifth U.S. company…
Biden awards up to $75 million in CHIPS Act grant to Entegris
(Reuters) – American Chip manufacturing supplier Entegris said on Wednesday that it has inked a preliminary deal with the Biden…
US judge rejects Visa, Mastercard $30 billion swipe fee settlement
By Jonathan Stempel NEW YORK (Reuters) – A U.S. judge on Tuesday rejected a $30 billion antitrust settlement in which…
Google to showcase AI, new Pixel phones at surprise Aug 13 event, the Verge reports
(Reuters) – Google will showcase artificial intelligence features, and updates to its Pixel devices and the Android platform at a…
RTX’s Collins in talks to drop ISS spacesuit contract with NASA, sources say
By Joey Roulette WASHINGTON (Reuters) – RTX Corp subsidiary Collins Aerospace is in talks with NASA to back out of…
US business equipment borrowings up 11% in May, ELFA says
(Reuters) – U.S. companies borrowed 11% more to finance equipment investments in May compared to a year ago, industry body…