Dec 17 (Reuters) – Alphabet’s Google is working on a new initiative to make its artificial intelligence chips better at…
Warner Bros Discovery board rejects hostile bid from Paramount
Dec 17 (Reuters) – Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday, saying it failed…
Republican infighting on healthcare erupts in US House as subsidy expiration approaches
By Richard Cowan and Bo Erickson WASHINGTON, Dec 17 (Reuters) – An expanded U.S. federal healthcare subsidy that grew out…
China AI chip firm Biren to launch Hong Kong IPO in coming weeks, sources say
BEIJING/HONG KONG, Dec 16 (Reuters) – Chinese AI chip startup Biren Technology aims to launch a Hong Kong initial public…
Trump weighs order to loosen federal marijuana restrictions
By Trevor Hunnicutt WASHINGTON, Dec 15 (Reuters) – U.S. President Donald Trump said on Monday he is considering an executive…
Bridgewater warns Big Tech’s reliance on external capital to fund AI boom is ‘dangerous’
Dec 15 (Reuters) – The AI spending boom is entering a “dangerous” phase as Big Tech firms increasingly tap external…
Hedge funds ditched tech stocks in Japan and Hong Kong last week, says Goldman
By Nell Mackenzie LONDON, Dec 15 (Reuters) – Hedge funds sold Hong Kong and Japanese stocks last week, Goldman Sachs…
US rate futures lift odds of January cut after unemployment rises in November
By Gertrude Chavez-Dreyfuss NEW YORK, Dec 16 (Reuters) – U.S. rate futures on Tuesday raised the probability of the Federal…
Ford recalls nearly 32,000 vehicles, NHTSA says
Dec 16 (Reuters) – Ford Motor is recalling 32,160 vehicles in the United States, as loss of drive power increases…
Analysis-Ford’s EV retreat highlights industry dilemma: Build for the US or the world?
By Nora Eckert DETROIT, Dec 16 (Reuters) – Ford CEO Jim Farley walked through Ford’s Michigan design studio Monday afternoon,…