By Pete Schroeder (Reuters) -The White House has fired two Democratic board members of the National Credit Union Administration, the officials said on Wednesday, as President Donald Trump expanded efforts to influence independent regulatory agencies. Todd Harper and Tanya Otsuka, who both served on the NCUA’s board, said in separate statements that they had been…
By Curtis Williams (Reuters) – BP Plc will begin loading its first shipment of liquefied natural gas from Venture Global’s Calcasieu Pass plant in Louisiana on Wednesday, according to LSEG data. The BP-chartered vessel British Mentor was about to dock at the Calcasieu Pass port. It is the first cargo BP is receiving from the…
(Reuters) – Advanced Micro Devices expects charges of up to $800 million due to the latest curbs by the Trump administration on exports of advanced processors to China, the company said on Wednesday. Larger rival Nvidia said on Tuesday it would take $5.5 billion in charges as the export restrictions further shackle chipmakers’ ability to…
By Foo Yun Chee BRUSSELS (Reuters) – A German media company has complained to EU antitrust regulators following Alphabet unit Google’s crackdown against companies gaming its search algorithm to push up rankings for other sites. In its complaint to the European Commission, Hamburg-based Meraki Group GmbH urged immediate action against the policy, saying it penalises…
By Jonathan Allen NEW YORK (Reuters) -Columbia University said it was holding “good faith” negotiations with U.S. President Donald Trump’s administration to regain federal funding, hours after Harvard rejected the administration’s demands to audit the “viewpoint diversity” of its students and faculty, among other overhauls. Columbia’s interim president, Claire Shipman, on Monday night said the…
(Reuters) – Comcast unveiled a five-year price lock for its Xfinity Internet service on Tuesday, aiming to stem subscriber losses and bolster its broadband business as competition in the sector intensifies. WHY IT’S IMPORTANT Comcast has been losing broadband subscribers to wireless giants such as AT&T, T-Mobile and Verizon, which offer plans, bundling internet with…
By Aditya Kalra and Munsif Vengattil NEW DELHI (Reuters) – Apple’s main India suppliers Foxconn and Tata shipped nearly $2 billion worth of iPhones to the United States in March, an all-time high, as the U.S. company airlifted devices to bypass President Donald Trump’s impending tariffs, customs data shows. The smartphone maker stepped up production in India…
(Reuters) – Meta Platforms said on Monday it would use interactions that users have with its AI, as well as public posts and comments shared by adults across its platforms, to train its artificial intelligence models in the European Union. The Facebook parent’s move comes after Meta launched its AI technology in Europe last month,…
By Rishika Sadam HYDERABAD (Reuters) -The India launch of Eli Lilly’s popular weight-loss drug Mounjaro has triggered a huge wave of patient enquiries about its availability, with some Indian doctors fielding hundreds of calls about the medicine, according to a Reuters survey. The survey of 18 doctors, patients and weight-loss clinic operators follows the U.S….
(Reuters) – JP Morgan on Monday lowered its oil price forecasts for 2025 and next year, citing higher production from OPEC+ and weaker demand. The bank cut its 2025 Brent price forecast to $66 per barrel from $73 and its 2026 target to $58 from $61. It lowered the 2025 WTI price outlook to $62…
