(Reuters) -Elon Musk’s brain implant company Neuralink is planning to raise about $500 million at a pre-money valuation of $8.5…
Discover Financial profit jumps on lower loss provision and higher interest income
(Reuters) -U.S. credit card issuer Discover Financial reported a 30% rise in first-quarter profit on Wednesday, helped by a drop…
PulteGroup beats quarterly results estimates as incentives lift housing demand
(Reuters) -PulteGroup’s first-quarter profit and revenue beat Wall Street estimates on Tuesday, as the company’s incentives helped improve housing demand.…
AI economic gains likely to outweigh emissions cost, says IMF
(Reuters) -Economic gains from artificial intelligence will boost global output by around 0.5% a year between 2025 and 2030, outweighing…
DHL to suspend global shipments of over $800 to US consumers
BEIJING (Reuters) -DHL Express, a division of Germany’s Deutsche Post, said it would suspend global business-to-consumer shipments worth over $800…
South Korea, US, to hold trade talks this week, Seoul says
SEOUL (Reuters) – South Korea and the United States will hold trade consultations this week in Washington at the suggestion…
Ford halts shipments of vehicles to China amid tariffs
(Reuters) -Ford Motor said on Friday it has halted shipments of its SUVs, pick-up trucks and sports cars to China,…
Hertz CEO says he is humbled by Bill Ackman’s endorsement
(Reuters) – The CEO of Hertz said he feels humbled following comments by billionaire investor Bill Ackman, whose investment management…
Trump to fast-track permitting for 10 mining projects across US
By Ernest Scheyder (Reuters) -The White House on Friday said it will fast-track permitting for 10 mining projects across the…
Taiwan short-selling curbs extended again amid tariff uncertainty
TAIPEI (Reuters) -Taiwan’s top financial regulator said on Saturday it would extend temporary curbs on the short-selling of shares to…