(Reuters) – Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their “orderly” release from conservatorship. The U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) said on Thursday they had amended their agreements…
WASHINGTON (Reuters) – The U.S. Justice Department and Boeing told a court on Friday they have not reached agreement on a revised plea deal after a U.S. judge in December rejected the deal, faulting a diversity and inclusion provision. Boeing and the government “continue to work in good faith toward” a new agreement, they said…
(Reuters) -Microsoft is planning to spend about $80 billion in fiscal 2025 to build data centers to train artificial intelligence (AI) models and deploy AI and cloud-based applications, the company said in a blog post on Friday. More than half of the total investment will be in the United States, Microsoft Vice Chair and President…
By Savyata Mishra and Anna Pruchnicka (Reuters) -Shares of European and American spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on the labels of alcoholic drinks. The consumption of alcoholic drinks increases the risk of developing breast, colon, liver and other cancers, U.S. Surgeon General Vivek Murthy…
By Savyata Mishra and Anna Pruchnicka (Reuters) -Shares of European and American spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on the labels of alcoholic drinks. The consumption of alcoholic drinks increases the risk of developing breast, colon, liver and other cancers, U.S. Surgeon General Vivek Murthy…
By Savyata Mishra and Anna Pruchnicka (Reuters) -Shares of European and American spirits makers and brewers fell on Friday after the U.S. surgeon general called for cancer warnings on the labels of alcoholic drinks. The consumption of alcoholic drinks increases the risk of developing breast, colon, liver and other cancers, U.S. Surgeon General Vivek Murthy…
(Reuters) – The U.S. Department of Health and Human Services said on Friday it would award $306 million in funds to help bird flu monitoring, as the virus spreads in dairy herds and farm workers across the country. The country in December reported its first severe human case of bird flu in a Louisiana resident,…
By Lewis Krauskopf NEW YORK (Reuters) – The stock market faces its first major test of the year in the coming week, with investors counting on the U.S. jobs report to show a stable but not overheated economy that underpins expectations for equity gains in 2025. Stocks wobbled at the end of December and the…
By David Shepardson WASHINGTON (Reuters) -The U.S. Transportation Department imposed a $2 million penalty on JetBlue Airways for operating four chronically delayed flights on domestic routes – the first time it has imposed such a fine on an airline for the prohibited scheduling practice. USDOT said on Friday that as part of a consent agreement…
By Joey Roulette WASHINGTON (Reuters) -Elon Musk’s SpaceX said on Friday its upcoming Starship test flight would include the rocket’s first attempt to deploy payloads in space by releasing 10 model Starlink satellites, a key demonstration for Starship’s potential in the satellite launch market. “While in space, Starship will deploy 10 Starlink simulators, similar in…
