(Reuters) -Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the energy major finds reserves…
Day: August 12, 2025
Eli Lilly hit with Texas suit over alleged provider payoffs
Silicon Valley legend called Nvidia at 80 cents and Bitcoin at $300. Now he reveals: Dear Reader, Robots are…
Trading platform eToro’s CEO highlights retail investor surge as profit beats estimates
By Manya Saini (Reuters) -Stock and crypto trading platform eToro’s CEO said on Tuesday that retail investors seized opportunities to…
AI startup Perplexity makes bold $34.5 billion bid for Google’s Chrome browser
By Akash Sriram (Reuters) -Perplexity AI made a $34.5 billion unsolicited all-cash offer for Alphabet’s Chrome browser on Tuesday, a…
Fed’s policy rate should stay on hold for now, Schmid says
(Reuters) -The U.S. central bank should not take tariffs’ muted effect on inflation so far as an opportunity to cut…
Texas sues Eli Lilly for allegedly bribing providers to prescribe its medications
WASHINGTON (Reuters) -Texas Attorney General Ken Paxton on Tuesday sued U.S. drugmaker Eli Lilly for allegedly “bribing” providers to prescribe…
Exclusive-Paxos joins spate of crypto companies applying for US trust bank licenses
By Hannah Lang (Reuters) -Paxos Trust Company, the cryptocurrency firm behind PayPal’s stablecoin, said it is applying to create a…
Jobs data blasted by Trump seen by Fed officials as reason to cut
By Howard Schneider WASHINGTON (Reuters) -The data that caused President Donald Trump to fire the head of the Bureau of…
Richmond Fed’s Barkin: Consumers will be key to coming inflation, jobs results
By Howard Schneider WASHINGTON (Reuters) -Aggressive shopping by consumers may mute the impact of tariffs on inflation but could also…
Jobs data blasted by Trump seen by Fed officials as reason to cut
By Howard Schneider WASHINGTON (Reuters) -The data that caused President Donald Trump to fire the head of the Bureau of…