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US oil and gas rigs rise for first time in three weeks, Baker Hughes says
By Scott DiSavino (Reuters) – U.S. energy firms this week added oil and natural gas rigs for the first time in three weeks, energy services [more…]
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Barclays beats two lawsuits in US over $17.7 billion issuance blunder
(Reuters) – Barclays won the dismissal on Friday of two U.S. securities fraud lawsuits stemming from the British bank’s unauthorized sale of $17.7 billion more [more…]
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Exclusive-Former Cruise CEO Vogt’s robotics startup valued at $2 billion in new funding, sources say
By Anna Tong, Krystal Hu and Kenrick Cai (Reuters) – Kyle Vogt, former CEO of self-driving car company Cruise, has raised $150 million in a [more…]
US SEC holds crypto task force roundtable as Trump plans regulatory revamp
By Hannah Lang (Reuters) – The U.S. Securities and Exchange Commission’s crypto task force held its first public meeting with experts on Friday, focusing on [more…]
Trump administration transferring student loan, nutrition programs out of Education Dept
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday his administration will transfer responsibility for the federal government’s student loans, nutrition and special needs programs [more…]
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Nvidia to open quantum computing lab, CEO says
By Stephen Nellis SAN JOSE, California (Reuters) -Nvidia will open a quantum computing research lab in Boston, where it plans to collaborate with scientists from [more…]
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Perplexity AI in talks to raise funds at $18 billion valuation, source says
By Jaspreet Singh and Akash Sriram (Reuters) -Perplexity AI is in talks to raise funds at an $18 billion valuation, a person familiar with the [more…]
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Trump signs order aimed at dismantling US Department of Education
By Jeff Mason and Andy Sullivan WASHINGTON (Reuters) -Flanked by students and educators, U.S. President Donald Trump on Thursday signed an executive order intended to [more…]
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Factbox-Lilly’s weight-loss drug launch in India to energize rivals eyeing mega market
(Reuters) -Eli Lilly on Thursday launched in India its diabetes and weight-loss drug, Mounjaro, which has already clocked in over $20 billion in global sales [more…]
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Nvidia CEO says orders for 3.6 million Blackwell GPUs exclude Meta
(Reuters) -Nvidia CEO Jensen Huang said on Wednesday that orders for some 3.6 million of its flagship “Blackwell” chips from four top cloud service providers [more…]