By David Shepardson WASHINGTON (Reuters) – Republican Senator Rick Scott on Wednesday asked Intel CEO Pat Gelsinger for more details on the company’s plans to cut more than 15,000 jobs des[...]
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Galipolo, picked to run Brazil’s central bank, is heterodox economist
By Marcela Ayres BRASILIA (Reuters) – Gabriel Galipolo, picked to be the next head of Brazil’s central bank, is a 42-year-old economist who has not always expressed mainstream orthodox eco[...]
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Exclusive-Silicon Valley backers want Harris to prioritize abortion rights, pro-tech policies
By Jeffrey Dastin SAN FRANCISCO (Reuters) – Venture capitalists pledging support for Kamala Harris’ White House campaign listed priorities in a survey released on Wednesday that include wo[...]
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US Fed sets large bank capital levels after stress tests, eases on Goldman’s level
By Pete Schroeder WASHINGTON (Reuters) – The U.S. Federal Reserve announced on Wednesday it had set the latest capital cushions for large banks following June’s annual stress tests, but ag[...]
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Two Republicans want Pentagon to add Chinese battery maker CATL to restricted list
By David Shepardson WASHINGTON (Reuters) -Two top Republican lawmakers on Wednesday asked the U.S. Defense Department to add Chinese battery maker CATL to a restricted list of companies allegedly work[...]
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Morning Bid: Nvidia waiting game over, caution descends
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Hold on to your hats, or prepare for lift off? In the end, the much-anticipated release of Nvidia’s second quarter r[...]
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Reddit resolves outage that hit thousands of users
By Tanay Dhumal (Reuters) – Social media platform Reddit said on Wednesday it has resolved an issue related to an update that led to an outage affecting thousands of users. “Earlier today[...]
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US SEC to require monthly reports on investment fund holdings for transparency
By Douglas Gillison WASHINGTON (Reuters) -Wall Street’s top regulator moved on Wednesday to increase transparency for regulators and investors in mutual and exchange-traded funds by requiring th[...]
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Stocks fall, Nvidia down 3% after the bell despite strong earnings
By Chibuike Oguh and Lawrence White NEW YORK/LONDON (Reuters) -Global equity markets eased while the U.S. dollar rebounded on Wednesday, and then chipmaker Nvidia’s better-than-expected results[...]
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