(Reuters) -Elon Musk-owned SpaceX’s surging revenue helped it turn a small profit in the first quarter of 2023 after two…
Warren Buffett donates $27 million Berkshire stock
(Reuters) – Warren Buffett donated nearly $27 million of Berkshire Hathaway stock this week to an unnamed charity, the latest…
Tesla warns Core Lithium of potential lawsuit over failed deal
(Reuters) -Core Lithium has received a notice from electric-vehicle maker Tesla over a 2022 supply agreement that failed to materialize…
Microsoft to shut Xbox 360’s online store next year
(Reuters) – Microsoft said on Thursday it would pull the plug on Xbox 360’s online store and marketplace next year,…
Biden touts Inflation Reduction Act on first anniversary
By Trevor Hunnicutt and Jarrett Renshaw WASHINGTON (Reuters) – U.S President Joe Biden on Wednesday used the first anniversary of…
US FDA approves French drugmaker Ipsen’s rare bone disorder drug
By Bhanvi Satija and Sriparna Roy (Reuters) -The U.S. Food and Drug Administration (FDA) on Wednesday approved French drugmaker Ipsen’s…
Wall Street ends lower after Fed minutes cloud outlook for rates
By Saeed Azhar and Noel Randewich NEW YORK (Reuters) – Wall Street ended lower on Wednesday after the Federal Reserve’s…
Coinbase wins approval to offer crypto futures trading in US
(Reuters) -Coinbase Global said on Wednesday it had secured approval to offer cryptocurrency futures to U.S. retail customers, scoring a…
OpenAI acquires start-up Global Illumination to work on core products, ChatGPT
(Reuters) – OpenAI said on Wednesday it had acquired digital products company Global Illumination, in what comes as the first…
Wall St ends lower; strong retail sales stoke interest rate worries
By Saeed Azhar, Amruta Khandekar and Shristi Achar A NEW YORK (Reuters) – Wall Street’s main stock indexes closed sharply…