By Jonathan Stempel, Diane Bartz and Nate Raymond (Reuters) – Dozens of U.S. states are suing Meta Platforms and its…
Google-parent Alphabet’s cloud division misses revenue estimates, as Microsoft’s cloud booms
By Max A. Cherney and Akash Sriram (Reuters) -Google-parent Alphabet’s cloud business crawled to its slowest in at least 11…
Qualcomm unveils new PC laptop chip with AI features for 2024
By Stephen Nellis (Reuters) – Qualcomm on Tuesday gave details about a chip for Microsoft Windows-based laptops that it claims…
Biden, Saudi crown prince discuss Israel-Hamas war diplomacy, White House says
WASHINGTON (Reuters) – U.S. President Joe Biden and Saudi Arabian Crown Prince Mohamed bin Salman held a call on Tuesday…
RTX beats Q3 estimates, approves $10 billion share repurchase
By Pratyush Thakur, Mike Stone and Valerie Insinna (Reuters) -RTX reported better-than-expected quarterly earnings on Tuesday, as a strong performance…
Take Five: Another curve ball for markets
(Reuters) -Escalating tension in the Middle East and surging U.S. bond yields set financial markets up for more turbulence, exacerbated…
Foxconn faces tax audit, land use probe, Chinese state media reports
BEIJING (Reuters) – Taiwan’s Foxconn, the largest supplier of Apple iPhones, is the subject of tax audits in China at…
Investors seek shelter as U.S. stocks grow more turbulent
By Lewis Krauskopf NEW YORK (Reuters) – Growing volatility in U.S. stocks is driving a search for defensive assets, though…
UAW presses Detroit automakers for better offer, threatens more walkouts
By Joseph White and Ben Klayman DETROIT (Reuters) -United Auto Workers President Shawn Fain on Friday warned of more walkouts…
Inflation, commercial real estate among top financial stability concerns -Fed survey
By Pete Schroeder WASHINGTON (Reuters) -The chance for persistent inflation to keep interest rates higher and potential losses in the…