By Andy Sullivan WASHINGTON – Billionaire Elon Musk and former presidential candidate Vivek Ramaswamy met on Thursday with Republican lawmakers…
Lululemon faces sluggish sales as upstart brands nip at its heels
By Savyata Mishra (Reuters) – Lululemon, facing its slowest quarterly growth in more than four years, will have to deal…
Trump considers replacing Hegseth with DeSantis to run Pentagon, WSJ reports
WASHINGTON (Reuters) -U.S. President-elect Donald Trump is considering dropping his nominee to lead the Pentagon, Pete Hegseth, and nominating Florida…
Russia’s Putin questions the need for dollar forex reserves, touts bitcoin
MOSCOW (Reuters) – Russian President Vladimir Putin on Wednesday questioned the need to hold state reserves in foreign currencies since…
Salesforce shares scale record high on promising AI tools
(Reuters) – Salesforce shares climbed about 11% to a record high on Wednesday after the customer relationship management software maker…
Apple facing hurdles in adapting Baidu AI models for China, The Information reports
(Reuters) – Apple and Baidu are working to add AI features to iPhones sold in China, but are facing hurdles…
Trump’s crypto advocacy steers businesses away from traditional treasury assets
By Niket Nishant and Bhanvi Satija (Reuters) – U.S. President-elect Donald Trump’s pro-crypto stance is prompting small businesses to allocate…
UnitedHealthcare executive fatally shot in Manhattan, reports say
(Reuters) -Brian Thompson, the CEO of UnitedHealth’s insurance unit, was fatally shot in the chest on Wednesday morning outside the…
Powell remarks watched for sign of pushback or support of Fed rate cut
By Howard Schneider NEW YORK (Reuters) – U.S. Federal Reserve Chair Jerome Powell speaks on Wednesday with key jobs data…
Iraqi militias enter Syria to reinforce government forces, military sources say
By Suleiman Al-Khalidi and Maya Gebeily AMMAN/BEIRUT (Reuters) -Hundreds of fighters from Iran-backed Iraqi militias crossed into Syria overnight to…