Tower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for…
2025
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its…
Broadcom launches Jericho chip to advance AI data center networks
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is…
US government turmoil stalls thousands of export approvals, sources say
By Karen Freifeld and Alexandra Alper (Reuters) -Thousands of license applications by U.S. companies to export goods and technology around…
Fed’s Kugler resigning from Fed effective Aug 8
By Michael S. Derby (Reuters) -The Federal Reserve said Friday that Governor Adriana Kugler is resigning early from her term…
Ford to recall over 312,000 US vehicles over loss of power brake assist, NHTSA says
August 1 (Reuters) -Ford is recalling 312,120 vehicles in the U.S. as loss of power brake assist while driving can…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
US House poised to send stablecoin bill to Trump after ‘crypto week’ drama
(Reuters) -The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a…
‘Squid Game’ boosts Netflix quarter, company raises revenue guidance
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Coke’s shift to cane sugar would be expensive, hurt US farmers
By Marcelo Teixeira, Karl Plume and Renee Hickman NEW YORK (Reuters) -A possible move by Coca-Cola , and other beverage…