By Nate Raymond BOSTON (Reuters) -U.S. President Donald Trump said on Friday his administration has been working with Harvard University and could announce deal over the next week to resolve the White House’s campaign against the country’s oldest and richest university. Trump in a post on his social media platform Truth Social said the Ivy…
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google has proposed more changes to its search results to better showcase rivals in a bid to stave off a possible hefty EU antitrust fine, according to documents seen by Reuters. Google’s latest proposal came three months after the European Commission charged the U.S. tech giant with favouring…
WASHINGTON (Reuters) -U.S. single-family homebuilding increased in May, but a sharp drop in permits for future construction pointed to subdued housing market conditions amid headwinds from tariffs and excess inventory of unsold homes. Single-family housing starts, which account for the bulk of homebuilding, rose 0.4% to a seasonally adjusted annual rate of 924,000 units last…
By Stephen Nellis SAN FRANCISCO (Reuters) -SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia, on Wednesday released a trove of data it hopes will speed up the discovery of new medical treatments by helping scientists understand how drugs stick to proteins. The goal is to help scientists predict whether…
WASHINGTON (Reuters) -Relatives of some of the 346 people killed in two Boeing 737 MAX crashes in 2018 and 2019 on Wednesday asked a federal judge to reject a deal between the Justice Department and the planemaker to allow the company to avoid prosecution in a fraud case. The agreement allows Boeing to avoid being…
By Deena Beasley and Julie Steenhuysen (Reuters) -The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences lenacapavir, a twice-yearly injection, for preventing HIV infection in adults and adolescents. Gilead said the drug will be sold under the brand name Yeztugo. Investors and AIDS activists had been eagerly awaiting the regulatory decision for a…
(Reuters) -The total market capitalization of stablecoins surged to a record high on Wednesday, data showed, as the U.S. Senate passed a bill to regulate the sector, a major step towards legitimising a once-niche but now fast-growing corner of the crypto market. According to CoinDesk data, the market capitalization of stablecoins hit an all-time high…
By Jonathan Landay WASHINGTON (Reuters) -U.S. President Donald Trump on Tuesday repudiated Director of National Intelligence Tulsi Gabbard’s assessment that Iran has not been building a nuclear weapon, publicly contradicting his spy chief for the first time during his second term. In rejecting his top spy’s judgment, Trump appeared to embrace Israeli Prime Minister Benjamin…
By David Morgan WASHINGTON (Reuters) -President Donald Trump’s sweeping tax-cut and spending bill would lead to a larger-than-expected $2.8 trillion increase in the federal deficit over the decade, despite a boost to U.S. economic output, the nonpartisan Congressional Budget Office projected on Tuesday. The budget watchdog’s dynamic analysis of the legislation, which passed the House…
By Richard Cowan WASHINGTON (Reuters) -U.S. senators on Tuesday demanded tighter security in the wake of last weekend’s assassination of a Minnesota state legislator and threats against members of Congress, in what one lawmaker called a “spreading virus” of political violence. Law enforcement officials responsible for securing the U.S. Capitol complex and its 535 members…
