By David Shepardson WASHINGTON (Reuters) – President-elect Donald Trump’s nominee to head the Transportation Department said he would allow an…
Analysis-Biden to hand unfinished agenda to Trump for chaotic Mideast
By Matt Spetalnick WASHINGTON (Reuters) – U.S. President Joe Biden’s national security adviser Jake Sullivan described the Middle East in…
US defense contractor tells Musk panel that Pentagon bureaucracy is the problem
By Mike Stone WASHINGTON (Reuters) – The CEO of one of the world’s biggest defense contractors, L3Harris Technologies, told President-elect…
Apple, Amazon fight off $600 million UK lawsuit over alleged ‘collusion’
LONDON (Reuters) – Apple and Amazon have successfully fought off a mass lawsuit in Britain over alleged collusion between the…
Over half a million ‘TikTok refugees’ flock to China’s RedNote
By Eduardo Baptista, Katie Paul and Krystal Hu (Reuters) – New users have piled in to Chinese social media app…
Microsoft halts hiring in US consulting unit as cost-cutting measure, CNBC reports
(Reuters) – Microsoft is planning to halt hiring in part of its consulting business in the U.S. in a bid…
Wall Street bankers say merger outlook has already jumped in 2025
By Nupur Anand MIAMI (Reuters) – Wall Street bankers are already upbeat about a revival in mergers and acquisitions this…
Lilly shares on track for worst day since 2021 after downbeat Zepbound sales forecast
By Bhanvi Satija and Patrick Wingrove (Reuters) -Eli Lilly’s stock tumbled 8% on Tuesday after it forecast fourth-quarter sales of…
US FTC finds major pharmacy benefit managers inflated drug prices for $7.3 billion gain
By Ahmed Aboulenein and Amina Niasse WASHINGTON (Reuters) -The nation’s three largest pharmacy benefit managers have significantly marked up the…
OpenAI rolls out assistant-like feature ‘Tasks’ to take on Alexa, Siri
(Reuters) – Generative artificial intelligence bellwether OpenAI said on Tuesday that it is introducing a beta feature called Tasks to…