(Reuters) – The electric grid operator for the U.S. Midwest on Thursday drew attention to the pressing need to reform power markets in the face of a shifting generation fleet and worsening extre[...]
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May 18, 2023
TikTok users file lawsuit to block Montana ban
By David Shepardson (Reuters) -Five TikTok users in Montana who create content posted on the short-video app filed a lawsuit in federal court seeking to block the state’s new ban on the Chinese-[...]
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China, US commerce and trade chiefs to meet next week
By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week for meetings with the commerce secretary and Washington’s t[...]
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Why is the US dollar so strong again?
By Harry Robertson LONDON (Reuters) – If investors agree on one thing this year, it’s that the dollar is going to fall. That’s made the greenback’s 2% bounce over the last mont[...]
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Growing debt ceiling deal hopes send stocks higher
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. stocks closed higher for a second straight day on Thursday on mounting optimism that a U.S. debt ceiling deal could be reached within days, with di[...]
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Berkshire Hathaway boosts stake in Occidental Petroleum to 24.4%
By Jonathan Stempel (Reuters) – Berkshire Hathaway Inc said on Thursday it had acquired more shares of Occidental Petroleum Corp, boosting its stake in the oil company to 24.4%. In a regulatory[...]
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Twitter alleges “unauthorized” data usage by Microsoft
(Reuters) -Twitter Inc has alleged that Microsoft Corp violated an agreement over using the social media company’s data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Mus[...]
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Nvidia, AMD, Micron lead chip sector higher with AI, Japan in focus
(Reuters) – Shares in Nvdia Corp, Advanced Micro Devices and Micron Technology on Thursday provided the biggest boosts to the chip sector, which outperformed the broader market as investors look[...]
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PacWest, Western Alliance help regional bank stocks notch gains
(Reuters) – U.S. regional bank stocks edged higher on Thursday, rallying from earlier session losses, as market expectations that the sector is moving past its troubles continue to buoy trading.[...]
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