BRUSSELS (Reuters) – U.S. chipmaker Broadcom is seeking European Union antitrust approval for its $61 billion bid for cloud computing company VMware, Broadcom said on Tuesday in a statement.[...]
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Intel hit with $949 million U.S. verdict in VLSI computer chip patent trial
By Blake Brittain (Reuters) -A federal jury in Texas on Tuesday said Intel Corp must pay VLSI Technology LLC $948.8 million for infringing a VLSI patent for computer chips. VLSI, a patent-holding comp[...]
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Wall Street gains on inflation data, but rocky on geopolitics
By Lewis Krauskopf, Amruta Khandekar and Ankika Biswas (Reuters) – Wall Street’s main indexes gained on Tuesday, shaking off an unconfirmed report of Russian missiles crossing into Poland[...]
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Estee Lauder to buy fashion label Tom Ford in $2.8 billion deal
(Reuters) -Estee Lauder Cos Inc said on Tuesday it agreed to buy U.S. fashion label Tom Ford for $2.8 billion, its biggest deal yet, adding a line of beauty products and apparel to the Clinique brand[...]
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U.S. nuclear plants expect government decision on credits by year-end
WASHINGTON (Reuters) -Two companies that have applied for funding to keep struggling nuclear power plants open said they expect to hear from the U.S. Department of Energy by the end of the year. Both[...]
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TC Energy says Keystone oil pipeline system to curtail volumes
By Swati Verma and Nia Williams (Reuters) -Canada’s TC Energy on Tuesday said its 622,000 barrel-per-day Keystone oil pipeline will curtail volumes due to a series of recent severe weather-relat[...]
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U.S. targets supply of Iranian drones to Russia in new sanctions
By Daphne Psaledakis WASHINGTON (Reuters) -The United States on Tuesday imposed sanctions on companies and people it accused of being involved in the production or transfer of Iranian drones that have[...]
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U.S. debt limit increase not needed this year -Sen. McConnell
WASHINGTON (Reuters) -U.S. Senate Republican Leader Mitch McConnell on Tuesday downplayed the likelihood the chamber will vote by year’s end to raise the federal government’s statutory lim[...]
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Global stocks rise but Polish deaths raise market concerns
By Herbert Lash NEW YORK (Reuters) – Stocks rose and the dollar fell on Tuesday after data provided new signs U.S. inflation was peaking, but markets were rattled by media reports that said Russ[...]
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