By Foo Yun Chee BRUSSELS (Reuters) -Microsoft has given up its board observer seat at OpenAI in a move aimed at easing U.S. and UK antitrust regulators’ concerns about the extent of its control[...]
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July 10, 2024
As summer sizzles, US retailers try to move back-to-school shopping to July
By Arriana McLymore and Siddharth Cavale NEW YORK (Reuters) -While American children may wish summer vacation would never end, retailers want back-to-school season to start earlier than ever — p[...]
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BMW recalling 394,000 US vehicles over potentially deadly air bag issue
By David Shepardson WASHINGTON (Reuters) – German carmaker BMW said on Wednesday it was recalling 394,000 vehicles in the United States due to faulty airbag inflators that could potentially caus[...]
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SpaceX wins block on US labor board case over severance agreements
By Daniel Wiessner (Reuters) – A federal judge in Texas said on Wednesday he would block the National Labor Relations Board from pursuing claims that Elon Musk’s SpaceX forced workers to s[...]
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Honeywell to buy Air Products’ LNG unit for $1.81 billion as deal-making spree continues
By Aishwarya Jain (Reuters) -Honeywell said on Wednesday it would buy Air Products’ liquefied natural-gas process technology and equipment business for $1.81 billion in cash, marking the industr[...]
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US FTC to sue drug middlemen over insulin prices, source says
By Jody Godoy and Mariam Sunny (Reuters) -The U.S. Federal Trade Commission is planning to sue UnitedHealth, Cigna and CVS Health over their tactics as middlemen in negotiating prices for drugs includ[...]
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Stocks rise with Treasury yields on pause, Powell boosts rate cut hopes
By Sinéad Carew and Lawrence White NEW YORK/LONDON (Reuters) -A global equities gauge rose to record levels on Wednesday while U.S. Treasury yields edged down with comments from Federal Reserve Chair[...]
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Google parent Alphabet walked away from HubSpot deal weeks ago, source says
(Reuters) -Google parent Alphabet decided not to pursue a takeover of online marketing software company HubSpot weeks ago, a person familiar with the matter said on Wednesday. The talks between Alphab[...]
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Google exploring options against Microsoft’s licensing practices, Google cloud head says
BRUSSELS (Reuters) – Alphabet unit Google’s cloud subsidiary will look into other options in its fight against Microsoft’s licensing practices, the head of Google Cloud head said on[...]
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