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Exclusive-Taiwan considering multi-billion dollar arms purchase from US, sources say

Financial Wealth DailyFebruary 17, 2025March 19, 20250

By Michael Martina, Yimou Lee and Ben Blanchard WASHINGTON/TAIPEI (Reuters) – Taiwan is exploring buying arms worth billions of dollars…

  • Business

Banks sell down more X debt; just $1.3 billion now left on their books

Financial Wealth DailyFebruary 14, 2025March 19, 20250

By Shankar Ramakrishnan (Reuters) -Banks led by Morgan Stanley have sold to investors another chunky portion of loans that formed…

  • Uncategorized

Meta plans investments into AI-driven humanoid robots, memo shows

Financial Wealth DailyFebruary 14, 2025March 19, 20250

By Katie Paul and Harshita Mary Varghese (Reuters) -Meta Platforms is establishing a new division within its Reality Labs unit…

  • Business

Dell nears deal to sell $5 billion in AI servers to xAI, Bloomberg News reports

Financial Wealth DailyFebruary 14, 2025March 19, 20250

(Reuters) -Dell Technologies is nearing a deal worth more than $5 billion to provide Elon Musk’s xAI with servers optimized…

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Judges to consider barring Musk’s DOGE team from several government agencies

Financial Wealth DailyFebruary 13, 2025March 19, 20250

By Tom Hals WILMINGTON, Delaware (Reuters) – Two federal judges will consider on Friday whether Elon Musk’s government cost-cutting team…

  • Uncategorized

Exclusive-Top Elon Musk aide arrives at IRS to scrutinize operations, sources say

Financial Wealth DailyFebruary 13, 2025March 19, 20250

By Nathan Layne (Reuters) -Gavin Kliger, one of the top staffers working with Elon Musk in his efforts to overhaul…

  • Uncategorized

Exclusive-Trump prepares to change US CHIPS Act conditions, sources say

Financial Wealth DailyFebruary 13, 2025March 19, 20250

By Mike Stone, Fanny Potkin and Wen-Yee Lee WASHINGTON/SINGAPORE/TAIPEI (Reuters) -The White House is seeking to renegotiate U.S. CHIPS and…

  • Uncategorized

Trump, allies ramp up attacks on judges as Musk calls for impeachments

Financial Wealth DailyFebruary 12, 2025March 19, 20250

By Nate Raymond (Reuters) – Donald Trump and his supporters on Wednesday continued to ramp up their criticism of judges…

  • Business

Adobe launches AI video tool to compete with OpenAI

Financial Wealth DailyFebruary 12, 2025March 19, 20250

By Stephen Nellis (Reuters) – Adobe on Wednesday released the first public version of an artificial intelligence tool that can…

  • Uncategorized

Chevron to lay off up to 20% of global workforce

Financial Wealth DailyFebruary 12, 2025March 19, 20250

By Ernest Scheyder and Sheila Dang HOUSTON (Reuters) -Chevron will lay off 15% to 20% of its global workforce by…

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