Exclusive-Nippon Steel to invest $4 billion for new U.S. Steel mill in $14 billion package, document says
By Alexandra Alper and Jarrett Renshaw WASHINGTON (Reuters) – Nippon Steel plans to invest $14 billion in U.S. Steel’s operations…
Mike Novogratz’s Galaxy Digital debuts on Nasdaq in bumper week for crypto
By Hannah Lang (Reuters) -Galaxy Digital, founded by Mike Novogratz, made its Nasdaq debut on Friday, capping off a momentous…
Tesla to add Chipotle executive Jack Hartung to board
(Reuters) – Tesla will add Chipotle executive Jack Hartung to its board of directors and audit committee in June, the…
OpenAI to help UAE develop one of world’s biggest data centers, Bloomberg News reports
(Reuters) -OpenAI plans to help develop a massive new data center in the United Arab Emirates that may eventually be…
Trump turns to US Supreme Court to pursue mass federal layoffs
By John Kruzel and Andrew Chung WASHINGTON (Reuters) – President Donald Trump’s administration on Friday asked the U.S. Supreme Court…
Amgen owes $406 million for monopolizing cholesterol drug market, US jury says
By Blake Brittain (Reuters) -A federal jury in Delaware said on Thursday that biotech company Amgen owes competitor Regeneron more…
Berkshire doubles Constellation stake, sheds Citigroup
(Reuters) -Warren Buffett’s Berkshire Hathaway said on Thursday it more than doubled its stake in alcoholic beverages producer Constellation Brands,…
Applied Materials misses second-quarter revenue estimates
(Reuters) -Chipmaking equipment maker Applied Materials missed Wall Street estimate for second-quarter revenue on Thursday, against the backdrop of heightened…
AI firm Cohere doubles annualized revenue to $100 million on enterprise focus
By Echo Wang NEW YORK (Reuters) -AI startup Cohere has doubled its annualized revenue since the beginning of the year,…
AI chipmaker AMD unveils $6 billion buyback plan
(Reuters) – Advanced Micro Devices on Wednesday announced a new $6 billion stock buyback plan, joining a string of chipmakers…