By Anna Mehler Paperny TORONTO (Reuters) – Canadian neurosurgeons in partnership with Elon Musk’s Neuralink have regulatory approval to recruit six patients with paralysis willing to have a thousand electrode contacts in their brains. The trial, called CAN-PRIME, has started recruiting patients for a study that will test the safety and efficacy of a device…
By Foo Yun Chee BRUSSELS (Reuters) -Amazon will likely face an EU investigation next year into whether it favours its own brand products on its online marketplace as European antitrust regulators build up a case under landmark rules, people with direct knowledge of the matter said. The U.S. online retailer could face a fine of…
A look at the day ahead in U.S. and global markets from Mike Dolan There’s not too much to worry about at the world’s most valuable company – or the artificial intelligence theme – but just conceding that triple-digit growth can’t last forever has been enough to stall Nvidia’s share price and dampen global tech…
(Reuters) – Delta Air Lines said on Wednesday it expects 2025 revenue to grow by a mid single-digit percentage as it strengthens its bet on premium travel, a major revenue driver for the carrier. The airline added that affluent customers were thriving with leisure travel being the highest priority purchase for high-income households. Premium travel…
By Chris Prentice and Echo Wang NEW YORK (Reuters) – Jay Clayton, President-elect Donald Trump’s pick for U.S. Attorney in Manhattan, said the office is well-positioned to focus on national security and combating terrorism financing and money laundering. Trump nominated Clayton, former U.S. Securities and Exchange Commission Chairman, last week to be U.S. Attorney for…
By Savyata Mishra (Reuters) -Target forecast holiday-quarter comparable sales and profit below estimates on Wednesday as value-conscious consumers shopped for low-priced essentials at rival retailers including Walmart, sending its shares tumbling nearly 20%. The results are in contrast to the world’s no. 1 retailer Walmart, which raised its annual sales and profit forecast for the…
By Max A. Cherney SAN FRANCISCO (Reuters) – Microsoft has designed two additional infrastructure chips for its data centers that will help speed artificial intelligence operations and increase data security, it said on Tuesday at its Ignite conference. Microsoft has devoted significant resources to develop home-grown silicon for general purpose applications and artificial intelligence. Like…
By Anirban Sen (Reuters) -Blackstone has agreed to buy Jersey Mike’s Subs, the sandwich chain said on Tuesday, in a deal that a source said valued the company at around $8 billion, including debt. Reuters had reported on Monday, citing a person familiar with the matter, that Blackstone was nearing a deal for Jersey Mike’s….
By Niket Nishant, Shivansh Tiwary and Manya Saini (Reuters) – Corporate executives were taking a wait-and-see approach to President-elect Donald Trump’s vow to impose heavy tariffs on imports when he takes office in January, but many have raised concerns about the effect such levies will have on inflation. Numerous major U.S. corporations addressed tariffs at…
By Saeed Azhar (Reuters) – Wall Street veteran Howard Lutnick, whose domain stretches from brokerages to real estate, has been one of Donald Trump’s biggest promoters from the business world in recent months. Lutnick, 63, in August became co-chair of Trump’s transition team for a second four-year term in the White House, tapping his network…
