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Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending

Financial Wealth DailyJanuary 27, 2025January 28, 20250

By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…

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Citigroup wins appeal against military personnel over credit card rates

Financial Wealth DailyJanuary 27, 2025January 28, 20250

By Jonathan Stempel NEW YORK (Reuters) – Citigroup can force military personnel to arbitrate claims that its Citibank unit charged…

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US judge pauses SpaceX’s challenge to case over anti-immigrant bias

Financial Wealth DailyJanuary 24, 2025January 28, 20250

By Daniel Wiessner (Reuters) – A federal judge on Friday granted the U.S. Department of Justice’s request to pause a…

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Purdue Pharma, Sacklers reach $7.4 billion national opioid settlement

Financial Wealth DailyJanuary 23, 2025January 28, 20250

By Dietrich Knauth NEW YORK (Reuters) -Purdue Pharma and its Sackler family owners have reached a new $7.4 billion settlement…

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Behind $500 billion AI data center plan, US startups jockey with tech giants 

Financial Wealth DailyJanuary 23, 2025January 28, 20250

By Stephen Nellis and Anna Tong SAN FRANCISCO (Reuters) – – This week’s announcement by President Donald Trump of a…

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US Supreme Court allows anti-money laundering law to take effect

Financial Wealth DailyJanuary 23, 2025January 28, 20250

By Nate Raymond (Reuters) – The U.S. Supreme Court cleared the way on Thursday for the enforcement of an anti-money…

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Samsung unveils Galaxy S25 phone with Qualcomm chips and enhanced AI features

Financial Wealth DailyJanuary 22, 2025January 28, 20250

By Hyunjoo Jin and Stephen Nellis SEOUL/SAN FRANCISCO (Reuters) – Samsung Electronics on Wednesday unveiled its newest flagship smartphone, powered…

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Amazon exits Quebec operations, to cut about 1,700 jobs

Financial Wealth DailyJanuary 22, 2025January 28, 20250

(Reuters) – E-commerce giant Amazon.com is exiting its operations in Quebec, leading to the loss of about 1,700 full-time jobs,…

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Trump says his inauguration will be indoors

Financial Wealth DailyJanuary 17, 2025January 28, 20250

WASHINGTON (Reuters) – U.S. President-elect Donald Trump said on Friday his inauguration will be held indoors because of severe cold…

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Exclusive-Trump team asks three US senior career diplomats to resign, sources say

Financial Wealth DailyJanuary 15, 2025January 28, 20250

By Humeyra Pamuk, Simon Lewis and Gram Slattery WASHINGTON (Reuters) – Aides to President-elect Donald Trump have asked three senior…

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