By Nathan Layne and Aleksandra Michalska PARKERSBURG, West Virginia (Reuters) -Jennifer Piggott proudly hung a red-and-blue Trump campaign flag outside…
Year: 2025
Microsoft developing AI reasoning models to compete with OpenAI, The Information reports
(Reuters) -Microsoft is developing in-house artificial intelligence reasoning models to compete with OpenAI and may sell them to developers, The…
US Treasury’s Bessent says economy may slow in shift away from public spending
By David Lawder and Susan Heavey WASHINGTON (Reuters) – U.S. Treasury Secretary Scott Bessent said on Friday that the U.S.…
Investors seek to switch hedge funds, citing risk, performance and size, says IG Prime
By Nell Mackenzie LONDON (Reuters) -Roughly a quarter of investors surveyed by IG Prime are looking to change which hedge…
S&P downgrades Stellantis rating, expects tariff headwinds
(Reuters) – Global ratings agency S&P Global said on Thursday it has downgraded Stellantis to “BBB” from “BBB+”, citing weak…
Marvell’s tepid revenue forecast reignites AI spending fears, shares slump
By Arsheeya Bajwa (Reuters) – Marvell Technology tumbled 16% and dragged down rival chipmakers on Thursday, after an in-line revenue…
US fourth-quarter worker productivity revised higher
WASHINGTON (Reuters) – U.S. worker productivity grew a bit faster than initially thought in the fourth quarter, helping to curb…
US judge bars Trump administration from cutting NIH research funding
By Nate Raymond BOSTON (Reuters) -A U.S. judge Wednesday blocked President Donald Trump’s administration from carrying out steep cuts to…
Elon Musk says Post Office, Amtrak should be privatized
By David Shepardson WASHINGTON (Reuters) -Billionaire Elon Musk, who is advising President Donald Trump on plans to radically shrink the…
Apple launches new MacBook Air models with latest M4 chip, cuts price
(Reuters) -Apple on Wednesday unveiled new MacBook Air models with latest M4 chip and artificial-intelligence features at a price $100…