(Reuters) – Federal Reserve Chair Jerome Powell on Tuesday said he did not believe that Elon Musk or members of…
Trump administration ordered to restore all frozen federal spending
By Brendan Pierson (Reuters) -A U.S. judge on Monday ordered the Trump administration to fully comply with a previous order…
Elon Musk-led group makes $97.4 billion bid for control of OpenAI, WSJ reports
(Reuters) -A consortium of investors led by billionaire Elon Musk is offering $97.4 billion to buy the nonprofit that controls…
Reversing Biden, FAA reinstates ‘Notice to Airmen’ pilot message name
WASHINGTON (Reuters) – The Federal Aviation Administration said on Monday it is reversing a four-year-old decision to rename pilot messages…
Microsoft to adjust Office-Teams pricing in bid to avoid EU antitrust fine, sources say
By Foo Yun Chee BRUSSELS (Reuters) – Microsoft has offered to widen the price differential between its Office product sold…
Meta prepares for layoffs on Monday -internal memo
By Katie Paul NEW YORK (Reuters) – Facebook owner Meta Platforms plans to carry out its expected company-wide layoffs next…
Exclusive-Trump Air Force nominee arranged satellite contract in manner that favored Musk’s SpaceX, sources say
By Joey Roulette, Marisa Taylor and Aram Roston WASHINGTON, (Reuters) – President Donald Trump’s nominee as Air Force Secretary, currently…
BofA CEO Moynihan’s pay increases to $35 million in 2024
(Reuters) -Bank of America Corp increased the compensation for Chief Executive Officer Brian Moynihan by roughly 21% to $35 million…
US plans $7.4 billion arms sales to Israel
(Reuters) -The United States is planning military sales to Israel worth an estimated $7.4 billion that will include missiles and…
Pinterest shares jump as AI advertisement tools drive forecasts
By Jaspreet Singh (Reuters) – Pinterest’s shares rose 20% on Friday as it forecast first-quarter revenue above estimates, indicating that…