By Echo Wang and Carolina Mandl NEW YORK (Reuters) -Warburg Pincus, a private equity firm with about $86 billion in…
US power use to reach record highs in 2024 and 2025, EIA forecast says
By Scott DiSavino (Reuters) – U.S. power consumption will rise to record highs in 2024 and 2025, the U.S. Energy…
Apple to bring satellite communications to smartwatch next year, Bloomberg News reports
(Reuters) – Apple plans to bring satellite connections to its smartwatch in 2025 and is ramping up work on a…
Lilly CEO says tax and regulation reform, drug affordability are focuses under Trump
By Patrick Wingrove (Reuters) – Eli Lilly CEO David Ricks on Tuesday said at the Economic Club of Washington that…
US sanctions targets include former SriLankan Airlines CEO over Airbus deal
WASHINGTON (Reuters) – The U.S. State Department announced a slew of sanctions on Monday to mark International Anti-Corruption Day and…
Kinder Morgan forecasts higher profit in 2025
(Reuters) -Kinder Morgan forecast higher earnings for 2025 on Monday as the U.S. pipeline operator bets on growth in its…
Allianz wants to redistribute three quarters of profit to shareholders
MUNICH, Germany (Reuters) – Germany’s Allianz said on Monday it plans to distribute at least three-quarters of its net profit…
Oracle misses quarterly results estimates on stiff cloud competition
(Reuters) -Oracle missed Wall Street expectations for second-quarter revenue and adjusted profit on Monday, hit by stiff competition and softer-than…
OpenAI launches $200 ChatGPT subscription for research use
(Reuters) – OpenAI on Thursday launched a version of its popular chatbot ChatGPT priced at $200 per month, which can…
GameStop jumps after cryptic post from ‘Roaring Kitty’ rekindles retail hype
By Manya Saini, Suzanne McGee and Saqib Iqbal Ahmed (Reuters) -GameStop’s shares jumped on Thursday after a cryptic post from…