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Microsoft to cut about 4% of jobs amid hefty AI bets
Business

Microsoft to cut about 4% of jobs amid hefty AI bets

(Reuters) -Microsoft will lay off nearly 4% of its workforce, the company said on Wednesday, in the latest job cuts…

July 2, 2025
Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales

Tesla deliveries slump, Musk’s EV maker stares at second year of falling sales

By Akash Sriram (Reuters) -Tesla is headed for another year of shrinking sales after it posted a second straight drop…

July 2, 2025
Factbox-How the Republican spending bill super-charges immigration enforcement

Factbox-How the Republican spending bill super-charges immigration enforcement

By Ted Hesson WASHINGTON (Reuters) -The major tax-cut and spending bill that Republicans hope to bring to final passage in…

July 2, 2025
AOS settles with US over unauthorized Huawei shipments
Business

AOS settles with US over unauthorized Huawei shipments

By Karen Freifeld (Reuters) -Alpha and Omega Semiconductor Limited has agreed to pay $4.25 million to settle with the U.S.…

July 2, 2025
Newsletters

Fed rate cut bets rise after Powell doesn’t rule out July 

Inside Trump’s Genius Plan to Save America Get Ben Stein’s Retirement Guide to Tariffs [sponsor] [ad] Today’s Breaking News… Fed’s Powell…

July 1, 2025
Fed rate cut bets rise after Powell doesn’t rule out July 

Fed rate cut bets rise after Powell doesn’t rule out July 

(Reuters) -Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed…

July 1, 2025
Investors react as US Senate passes Trump’s big tax bill

Investors react as US Senate passes Trump’s big tax bill

(Reuters) -The Republican-controlled U.S. Senate passed President Donald Trump’s sweeping tax-cut and spending bill termed the “big, beautiful bill” on…

July 1, 2025July 1, 2025
Fed’s Powell says dollar swap lines remain important tool

Fed’s Powell says dollar swap lines remain important tool

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Chair Jerome Powell said Tuesday the U.S. central bank has no…

July 1, 2025
Newsletters

California legislature acts to keep film and TV production at home

Forget Nvidia, This “Ghost Town” Company Holds the Key to the AI Boom Get Ben Stein’s Retirement Guide to Tariffs [sponsor]…

June 27, 2025
World Bank urges aid for economies in conflict as US pushes cuts

World Bank urges aid for economies in conflict as US pushes cuts

By Rodrigo Campos (Reuters) -The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges…

June 27, 2025

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