By Jaspreet Singh (Reuters) -ESPN signed a new deal making DraftKings its official sportsbook and odds provider, after ending a…
Ripple says ‘skinny’ Fed master account is attractive despite limitations
By Hannah Lang (Reuters) -Crypto giant Ripple supports the idea of a “skinny” Federal Reserve payments account for non-banks, which…
OpenAI discussed government loan guarantees for chip plants, not for data centers, CEO Altman says
(Reuters) -OpenAI has spoken with the U.S. government about possible loan guarantees to support the construction of chip factories in the…
Starlink signs landmark global direct-to-cell deal with Veon as satellite-to-phone race heats up
By Gianluca Lo Nostro and Leo Marchandon (Reuters) -Elon Musk’s Starlink, a subsidiary of SpaceX, secured its largest direct-to-cell deal…
Qualcomm forecasts first-quarter results above estimates as AI drives smartphone upgrades
By Stephen Nellis and Arsheeya Bajwa SAN FRANCISCO (Reuters) -Chip designer Qualcomm on Wednesday forecast fiscal first-quarter sales and profit…
Fed finalizes revised standard for grading big banks
WASHINGTON (Reuters) -The U.S. Federal Reserve announced on Wednesday it had finalized a revised framework for how it grades large…
US economic resilience lifts spirits
By Jamie McGeever ORLANDO, Florida (Reuters) -U.S. stocks and bond yields rose on Wednesday on surprisingly strong job growth and…
US motor vehicle sales drop in October as EV subsidies expire
By Lucia Mutikani WASHINGTON (Reuters) -Sales of U.S. light vehicles fell in October as the expiration of federal government subsidies…
China dismisses Taiwan safety concerns about hosting APEC next year
By Ryan Woo and Ben Blanchard BEIJING/TAIPEI (Reuters) -China’s foreign ministry has dismissed safety concerns raised by Taiwan about its…
Apple to enter low-cost laptop market with budget Mac, Bloomberg News reports
(Reuters) -Apple is preparing to launch a budget Mac in the first half of next year, entering the low-cost laptop market…