By Carolina Mandl NEW YORK (Reuters) -Global hedge funds reaped limited gains from a big Wall Street stock rally triggered…
Digital banking startup Chime files for US IPO, reveals rise in revenue
(Reuters) -Digital banking fintech firm Chime revealed on Tuesday that its revenue surged in 2024 after making public its filing…
Fidelity website outage blocks users from trading rally
By Suzanne McGee (Reuters) -Fidelity trading platforms experienced outages just as U.S. stock markets opened for trading on Monday morning,…
Explainer-What has Trump said about cutting drug prices?
By Maggie Fick (Reuters) -U.S. President Donald Trump signed a broad executive order on Monday directing drugmakers to lower the…
EU regulators ask if Starlink is credible rival to SES, Intelsat
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust regulators, who are examining European satellite company SES’s $3.1-billion bid for Intelsat,…
US budget surplus surges to $258 billion in April, year-to-date deficit tops $1 trillion
By Ann Saphir (Reuters) – The U.S. government posted a $258 billion budget surplus for April, up 23%, or about…
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…
Iran will not back down from nuclear rights, foreign minister says
DUBAI (Reuters) -Iranian Foreign Minister Abbas Araqchi said on Saturday that if the United States’ goal is to deprive Iran…
Exclusive-Nvidia modifies H20 chip for China to overcome US export controls, sources say
By Liam Mo and Brenda Goh BEIJING (Reuters) -Nvidia plans to release a downgraded version of its H20 artificial intelligence…
Texas secures $1.38 billion settlement with Google over data privacy
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over…