By Douglas Gillison WASHINGTON (Reuters) – A member of billionaire Elon Musk’s Department of Government Efficiency allegedly screamed and demanded 36-hours of straight work to process Thursday’s mass firings at the U.S. Consumer Financial Protection Bureau, an agency employee said in a sworn statement on Friday. “DOGE member Gavin Kliger…kept the team up for 36…
By Chris Prentice NEW YORK (Reuters) – The U.S. National Archives has released thousands of pages of records related to the assassination of Senator Robert F. Kennedy, according to the agency’s website, following President Donald Trump’s order to publish previously classified information. The National Archives released over 10,000 pages of records in connection with the…
(Reuters) – Citi Research on Thursday raised its gold price target for the next three months to $3,500 per ounce from $3,200, driven by fresh gold buying from Chinese insurers and safe-haven flows amid tariff risks and market weakness. “We think gold is likely to be in an extremely rare physical deficit at present, meaning…
(Reuters) – MP Materials said on Thursday it had stopped shipping rare earth concentrate to China, in response to retaliatory tariffs and export controls, sending its shares down 6.3% in afternoon trading. “Selling our valuable critical materials under 125% tariffs is neither commercially rational nor aligned with America’s national interest,” the company said in a…
By Jody Godoy (Reuters) – Alphabet’s Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday, dealing another blow to the tech giant and paving the way for U.S. antitrust prosecutors to seek a breakup of its advertising products. U.S. District Judge Leonie Brinkema in Alexandria, Virginia, found Google liable for…
By Hritam Mukherjee BENGALURU (Reuters) – Walmart has signed a deal for a second office space in the southern Indian city of Chennai, which is fast emerging as a major technology center after being known for years as a manufacturing hub. Global companies are increasingly setting up local hubs in India to support their daily…
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…
