By David Shepardson WASHINGTON (Reuters) – The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy…
Intel expects reduced U.S. grant after winning defense contract
By Stephen Nellis and Max A. Cherney (Reuters) -Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned…
Sanofi plans to change hospital drug-discount program, WSJ reports
(Reuters) – French drugmaker Sanofi plans to change its policy on how it gives discounts to certain U.S. hospitals that…
Amazon doubles down on AI startup Anthropic with $4 billion investment
By Arsheeya Bajwa (Reuters) -Amazon.com pumped in an additional $4 billion into artificial intelligence startup Anthropic, as the e-commerce giant…
PIMCO bullish on stocks on US soft landing hopes, cautious on inflation
By Davide Barbuscia NEW YORK (Reuters) – An optimistic outlook on the U.S. economy is prompting U.S. bond giant PIMCO…
News Corp says investors reject proposal to end dual class voting structure
NEW YORK (Reuters) – News Corp said on Wednesday that investors rejected a proposal by activist investor Starboard Value to…
Tesla gains on report Trump’s team planning federal self-driving vehicle regulations
By Akash Sriram (Reuters) -Tesla shares rose more than 5% on Monday after Bloomberg News reported that President-elect Donald Trump’s…
Palantir shares rally to fresh record on plans for move to Nasdaq
By Sinéad Carew (Reuters) – Shares in Palantir Technologies Inc were up more than 6% on Friday, hitting a record…
Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims
By Mike Scarcella (Reuters) -Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other…
Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels
By Lisa Baertlein (Reuters) – Amazon.com and IKEA, in alliance with about three dozen other companies that depend on ocean…