Exclusive-FTC probes Media Matters over Musk’s X boycott claims, document shows
By Jody Godoy and Mike Scarcella (Reuters) -The U.S. Federal Trade Commission has demanded documents from Media Matters about possible…
Nestle’s Nescafe to invest additional $89 million in Brazil business
SAO PAULO (Reuters) – Nestle’s Nescafe plans to invest an additional 500 million reais ($88.7 million) in Brazil by 2028,…
Walmart plans job cuts in restructuring push to simplify operations
(Reuters) -U.S. retail bellwether Walmart is planning to cut about 1,500 jobs as part of a restructuring push to simplify…
AT&T agrees to buy Lumen’s consumer fiber business for $5.75 billion
By Milana Vinn (Reuters) -AT&T has clinched a deal to acquire Lumen Technologies’ consumer fiber operations for $5.75 billion in…
Bitcoin surges to all-time peak as crypto sentiment improves
By Samuel Indyk, Alun John, Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Bitcoin rose to its highest level on record on Wednesday,…
Nike set to raise prices next week, plans to sell on Amazon again
(Reuters) -Nike is planning to raise prices of some products from next week and will sell items on Amazon after…
Microsoft to offer rival AI models from own data center; launches AI coding agent
By Stephen Nellis SEATTLE (Reuters) -Microsoft said on Monday it would offer new AI models made by Elon Musk’s xAI,…
Kraft Heinz looking at M&A opportunities; Berkshire Hathaway leaves board
(Reuters) -Kraft Heinz said it was looking at strategic transactions as demand for its pricey snacks and ready-to-eat meals weakens…
Trump selects $175 billion Golden Dome defense shield design, appoints leader
By Mike Stone and Jeff Mason WASHINGTON (Reuters) -President Donald Trump said on Tuesday he had selected a design for…
German chipmaker Infineon to work with Nvidia on power delivery chips
By Stephen Nellis SAN FRANCISCO (Reuters) -German chipmaker Infineon said on Tuesday it will work with Nvidia on developing chips…