Apple reaches $490 million settlement over CEO Cook’s China sales comments
By Jonathan Stempel (Reuters) -Apple agreed to pay $490 million to settle a class-action lawsuit that alleged Chief Executive Tim…
Author: The Trading Report
Adobe shares fall as downbeat forecast fans worries about competition, AI efforts
(Reuters) -Adobe shares fell 12% on Friday as a lackluster quarterly forecast reinforced concerns about rising competition for the company’s…
SpaceX Starship disintegrates after completing most of third test flight
By Joe Skipper, Steve Gorman and Joey Roulette BOCA CHICA, Texas (Reuters) -SpaceX’s Starship rocket, designed to eventually send astronauts…
Microsoft singles out Google’s competitive edge in generative AI
(This March 14 story has been corrected to say 15 million euros and not 15 billion euros, in paragraph 11)…
Judge denies Trump motion to dismiss classified-documents case
By Andrew Goudsward and Andy Sullivan FORT PIERCE, Florida (Reuters) – A federal judge on Thursday denied former U.S. President…
US pharmacy outage triggered by ‘Blackcat’ ransomware at UnitedHealth unit, sources say
By Raphael Satter and Christopher Bing WASHINGTON (Reuters) – Hackers working for the ‘Blackcat’ ransomware gang are behind the outage…
Pentagon absolves itself after Austin’s secret hospitalization
WASHINGTON (Reuters) – The Pentagon on Monday released the results of a 30-day review that effectively absolved itself of any…
US names new special envoy to Sudan in push to end war
By Daphne Psaledakis WASHINGTON (Reuters) – The United States will appoint a new special envoy for Sudan on Monday, as…
Intel signs Microsoft as foundry customer, says on track to overtake TSMC
By Stephen Nellis and Max A. Cherney (Reuters) -Intel said on Wednesday that Microsoft plans to use its services to…
Morgan Stanley forced Frasers off books with $1 billion margin call, court told
By Kirstin Ridley LONDON (Reuters) -Morgan Stanley used an “unrealistic” and “inappropriate” near $1.0 billion margin call to force trades…