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Category: Business

Business

US allocates $196 million for natural gas pipeline modernization

(Reuters) – The U.S. government will award grants totaling $196 million for the repair and replacement of aging natural gas…

October 22, 2024January 27, 2025
Business

US set to award Hemlock Semiconductor $325 million for polysilicon production

By David Shepardson (Reuters) – The U.S. Commerce Department said Monday it plans to award $325 million to Hemlock Semiconductor…

October 21, 2024January 27, 2025
Business

Boeing exploring asset sales to boost finances, WSJ reports

(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or…

October 20, 2024January 27, 2025
Business

US Cellular to sell select spectrum assets to Verizon for $1 billion

(Reuters) – United States Cellular said on Friday it has agreed to sell some of its spectrum licenses to Verizon…

October 18, 2024January 27, 2025
Business

Starbucks new CEO taps fellow Chipotle alum for top marketing role

By Waylon Cunningham (Reuters) – Starbucks on Tuesday announced it hired food marketing veteran Tressie Lieberman to take its top…

October 18, 2024January 27, 2025
Business

Amazon.com joins push for nuclear power to meet data center demand

By Timothy Gardner WASHINGTON (Reuters) – Amazon.com said on Wednesday it has signed three agreements on developing the nuclear power…

October 16, 2024January 27, 2025
Business

Exclusive-EU AI Act checker reveals Big Tech’s compliance pitfalls

By Martin Coulter LONDON (Reuters) – Some of the most prominent artificial intelligence models are falling short of European regulations…

October 16, 2024January 27, 2025
Business

Walgreens to shut 1,200 stores as CEO Wentworth seeks turnaround

By Manas Mishra and Sneha S K (Reuters) -Walgreens Boots Alliance said on Tuesday it would shut 1,200 stores over…

October 15, 2024January 27, 2025
Business

Intel, AMD team up to confront rising challenge from Arm

By Stephen Nellis (Reuters) – Intel and Advanced Micro Devices on Tuesday said they are forming a group to help…

October 15, 2024January 27, 2025
Business

Trump Media extends rebound in one of its heaviest trading sessions

(Reuters) – Shares of former U.S. President Donald Trump’s media company surged 6% on Tuesday to their highest since June…

October 15, 2024January 27, 2025

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