HOUSTON (Reuters) – Exxon Mobil said on Tuesday that Dan Ammann, former president of General Motors, will take over its…
Amazon’s cloud service shows new AI servers, says Apple will use its chips
By Stephen Nellis and Greg Bensinger LAS VEGAS (Reuters) – Amazon.com’s cloud unit on Tuesday showed new data center servers…
TPG explores $1.5 billion-plus sale of gym chain Crunch Fitness, sources say
By Abigail Summerville NEW YORK (Reuters) – Buyout firm TPG is weighing a potential sale of Crunch Fitness that could…
Meta seeks nuclear power developers for reactors to start in early 2030s
WASHINGTON (Reuters) – Meta said on Tuesday it is seeking proposals from nuclear power developers to help meet its artificial…
Amazon to pilot AI-designed material for carbon removal
By Jeffrey Dastin (Reuters) – Amazon.com Inc plans to pilot a new carbon-removal material for data centers, which are at…
Nvidia among investors in $700 million capital raise by AI firm Nebius Group
By Alexander Marrow LONDON (Reuters) – AI infrastructure firm Nebius Group on Monday said it was raising $700 million in…
JPMorgan’s investment banking chair departs, memo says
(Reuters) – Wall Street giant JPMorgan Chase’s global chair of investment banking Jennifer Nason is set to leave the bank…
Fed’s Waller says inclined at this point to cut rates in December
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve Governor Christopher Waller said on Monday he was inclined toward a cut in…
US trade partners, industry groups warn Trump tariffs would harm all parties
(Reuters) -Officials from Mexico, Canada and China and major industry groups warned that U.S. President-elect Donald Trump’s threat of hefty…
IRS funding cut would increase US deficit, slow service
WASHINGTON (Reuters) – Cuts in funding for the Internal Revenue Service, long eyed by Republicans in Congress, would increase the…