(Reuters) -Freddie Mac said on Friday it has appointed Michael Hutchins as interim CEO, while the federal government-backed home mortgage…
Microsoft singles out Google’s competitive edge in generative AI
(This March 14 story has been corrected to say 15 million euros and not 15 billion euros, in paragraph 11)…
Judge denies Trump motion to dismiss classified-documents case
By Andrew Goudsward and Andy Sullivan FORT PIERCE, Florida (Reuters) – A federal judge on Thursday denied former U.S. President…
Wall St ends down after PPI data and as chipmakers fall
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. stocks dropped on Thursday, with chipmaker stocks extending losses for a second day,…
Platinum Equity explores $2 billion-plus Club Car sale, sources say
By David Carnevali and Anirban Sen (Reuters) – Private equity firm Platinum Equity has hired advisers to explore a sale…
AliExpress targeted in EU probe over possibly illegal online products
By Foo Yun Chee BRUSSELS (Reuters) -Alibaba’s AliExpress could face a hefty fine after the European Commission on Thursday launched…
Bank of England to start cutting in Q3 but strong chance of Q2 move: Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England will start cutting borrowing costs in the third quarter although…
US business inventories unchanged in January
WASHINGTON (Reuters) – U.S. business inventories were unexpectedly unchanged in January as increases in stocks at retailers were offset by…
Spacex confirms loss of starship at end of third test flight
BOCA CHICA, Texas (Reuters) – SpaceX’s Starship rocket, designed to eventually send astronauts to the moon and beyond, completed nearly…
S&P 500, Nasdaq end down as investors wait for CPI, PPI data
By Caroline Valetkevitch NEW YORK (Reuters) -The S&P 500 and Nasdaq ended down slightly on Monday with investors preparing for…