By Andrea Shalal WASHINGTON (Reuters) -A new White House rule issued Friday restricts the ability of credentialed journalists to freely access the offices of press secretary Karoline Leavitt and other top communications officials in the West Wing, near the Oval Office. The new memorandum from the National Security Council bans journalists from accessing Room 140,…
(Reuters) -Nvidia will invest up to $1 billion in AI company Poolside, in a deal that would quadruple the startup’s valuation, Bloomberg News reported on Thursday, citing people familiar with the matter. Poolside is in discussions to raise $2 billion at a pre-money $12 billion valuation, Bloomberg reported, adding that Nvidia’s investment in the round…
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(Reuters) -Nvidia on Wednesday became the first company to breach $5 trillion in market value, continuing a meteoric rise that has firmly positioned it at the heart of the global AI revolution. Share milestone:— Nvidia shares hit record high of $209.40 in early trading– Shares up 1087% pct since the launch of ChatGPT in Nov…
By Xinghui Kok KUALA LUMPUR (Reuters) -Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal for U.S. President Donald Trump and Chinese President Xi Jinping to decide on later this week that would pause steeper American tariffs and Chinese rare earths export controls, U.S. officials said. U.S. Treasury…
By Helen Coster (Reuters) -Isaac Stein makes his living as an attorney for the Internal Revenue Service, working mostly on his own, writing retirement plan regulations in a Washington office building. Since the federal government shut down early this month, his typical day could not be more different. Stein now spends afternoons on the streets…
LONDON (Reuters) -Gold funds received their largest weekly inflow on record in the week to Wednesday, Bank of America Global Research said in a note citing EPFR data, a week in which the precious metal’s price surged to a new record, before retreating sharply. Gold funds saw inflows of $8.7 billion in the week BofA said, putting…
(Reuters) -U.S. railroad operator Norfolk Southern posted a rise in third-quarter profit on Thursday, in its first earnings report after announcing an $85 billion deal to form the nation’s first coast-to-coast freight rail operator with Union Pacific. The deal, which drew a positive response from U.S. President Donald Trump, is still subject to regulatory clearance…
(Reuters) -Coca-Cola expects to take an impairment charge of about $1 billion during the fourth quarter of 2025 related to the sale of a part of its interest in bottling operations in Africa, the beverage maker said in regulatory filing on Thursday. Shares of Coca-Cola dipped about 1% in late-afternoon session. On Tuesday, Swiss-based bottler…
By Shivansh Tiwary and Aishwarya Jain (Reuters) -Hilton Worldwide’s finance chief warned on Wednesday that the ongoing U.S. government shutdown was affecting travel demand, echoing concerns from other corporate leaders as businesses brace for broader fallout if the impasse is not resolved soon. The shutdown, now stretching into its fourth week amid a deadlock in…
