OpenAI negotiates with Microsoft for new funding and future IPO, FT reports
(Reuters) -OpenAI and Microsoft are rewriting the terms of their multibillion-dollar partnership in a high-stakes negotiation designed to allow the…
US FAA to meet with airlines about temporary Newark flight cuts
By David Shepardson WASHINGTON (Reuters) -The Federal Aviation Administration said late on Friday it plans to meet with major airlines…
Wellness companies eager to avoid WeightWatchers’ fate embrace weight-loss drugs
By Amina Niasse and Nicholas P. Brown NEW YORK (Reuters) -Health and wellness companies are embracing weight-loss drugs and building…
European leaders say Trump agreed to sanction Russia unless ceasefire agreed
KYIV (Reuters) – Ukraine and European leaders agreed on Saturday to an unconditional 30-day ceasefire from May 12 with the…
Texas secures $1.38 billion settlement with Google over data privacy
(Reuters) -Google has agreed to pay $1.375 billion in a settlement in principle reached with the state of Texas over…
Wolfspeed shares sink on going-concern fears, slowing EV sales hit annual revenue forecast
(Reuters) -Chipmaker Wolfspeed’s shares fell 23% on Friday after it raised going-concern doubts and forecast weaker-than-expected annual revenue as it…
Exclusive-Fed’s Hammack wants clear data before moving on rates, not much data by June
By Howard Schneider and Ann Saphir PALO ALTO, California (Reuters) -The Federal Reserve needs more time to see how the…
Bain Capital to buy PCI Pharma at $10 billion valuation, Bloomberg News reports
(Reuters) -Bain Capital is in talks to buy contract drug manufacturer PCI Pharma Services at a valuation of $10 billion,…
Nippon Steel exec headed to Washington next week in push for US Steel deal, source says
(Reuters) -Nippon Steel Vice Chairman Takahiro Mori is headed to Washington next week as the company seeks to win approval…
Apple is developing specialized chips for smart glasses and AI servers, Bloomberg News reports
(Reuters) -Apple is developing specialized chips that will power future devices including its first smart glasses, artificial intelligence servers and…