Helion raises $425 million from SoftBank’s venture arm, hits $5.4 billion valuation
By Stephen Nellis (Reuters) – Helion, a startup working to generate electricity from nuclear fusion, on Tuesday said it has…
Smithfield Foods to keep US pork plants open, eyes tariffs amid IPO, CEO says
By Tom Polansek and Juveria Tabassum (Reuters) – Smithfield Foods does not plan to close more U.S. pork processing plants,…
Purge at USAID stifles dissent over aid freeze, officials say
By Daphne Psaledakis WASHINGTON (Reuters) – A purge of senior staff at the U.S. Agency for International Development appeared designed…
Nvidia options draw dip buyers as shares rebound
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Monday’s massive selloff in AI-darling Nvidia’s shares did little to blunt options…
Nvidia says DeepSeek advances prove need for more of its chips
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia on Monday said Chinese AI firm DeepSeek’s advances show the usefulness of its…
Trump fires officials who worked for prosecutor Jack Smith, Fox News reports
WASHINGTON (Reuters) -The Justice Department is firing more than a dozen officials who worked on Special Counsel Jack Smith’s cases…
Big Tech faces heat as China’s DeepSeek sows doubts on billion-dollar spending
By Aditya Soni and Zaheer Kachwala (Reuters) – Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions…
Citigroup wins appeal against military personnel over credit card rates
By Jonathan Stempel NEW YORK (Reuters) – Citigroup can force military personnel to arbitrate claims that its Citibank unit charged…
Amazon Prime Video shifts focus to live sports to boost profits, The Information reports
(Reuters) – Amazon’s Prime Video has shifted its strategic focus towards live sports and away from original television shows and…
Shein tells UK lawmakers it does not allow Chinese cotton in products sold in US
By Helen Reid and James Davey LONDON (Reuters) -Online fast-fashion retailer Shein requires its contract manufacturers to only source cotton…