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U.S. Secretary of State Antony Blinken speaks during a press conference at the U.S. Embassy in Beijing, China, April 26, 2024. Mark Schiefelbein/Pool via REUTERS

U.S. chip bans not meant to hobble China's growth, Blinken says

Stephen Nellis |Updated 21 minutes ago |2 min read

(Corrects spelling of Blinken in paragraph 4) By Stephen Nellis (Reuters) -U.S. export controls on sending advanced computing chips to China are not meant to hold back China's economy or technological development, Secretary of State Antony Blinken ...

Scales of justice. - 123RF Stock

Husky fined $2.5 million for N.L.'s largest oil spill

Tara Bradbury · Reporter |Updated 4 hours ago |3 min read Premium content

Husky Oil Operations Ltd. has been ordered to pay a total of $2.5 million in fines for a 2018 crude oil spill believed to be the largest in the province’s history. Provincial Court Judge Lois Skanes accepted a joint sentencing submission from Crown ...

Apple logo is seen on the MacBook in this illustration taken taken April 12, 2020.

Apple renews talks with OpenAI for iPhone generative AI features, Bloomberg News reports

Reuters |Updated 2 hours ago |1 min read

(Reuters) -Apple Inc has renewed discussions with OpenAI about using the startup's generative AI technology to power some new features being introduced in the iPhone later this year, Bloomberg News reported on Friday. The companies have begun ...

The logo of Brazilian planemaker Embraer SA is seen at the company's headquarters in Sao Jose dos Campos, Brazil February 28, 2018.

Planemaker Embraer CEO says supply chain has been improving

Gabriel Araujo |Updated 2 hours ago |2 min read

By Gabriel Araujo SAO JOSE DOS CAMPOS (Reuters) -The chief executive of Brazil's Embraer said on Friday that supply chain issues impacting planemakers have been improving but some challenges remain. Francisco Gomes Neto told reporters at an event ...

The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters as Chairman Sheila Bair announces the bank and thrift industry earnings for the fourth quarter 2010, in Washington, February 23, 2011.REUTERS/Jason Reed/File Photo

US regulators seize troubled lender Republic First, sell it to Fulton Bank

Reuters |Updated 32 minutes ago |2 min read

(Reuters) -U.S. regulators have seized Republic First Bancorp and agreed to sell it to Fulton Bank, underscoring the challenges facing regional banks a year after the collapse of three peers. Philadelphia-based Republic First, which had abandoned ...

The logo of Google LLC is seen at the Google Store Chelsea in New York City, U.S., January 20, 2023.

Google plans $3 billion data center investment in Indiana, Virginia

Reuters |Updated 5 hours ago |1 min read

(Reuters) - Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia. A boom in artificial intelligence applications has increased the demand for cloud computing, ...

The logo and ticker for L3Harris are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., July 1, 2019.

L3Harris cuts 5% workforce in cost-saving measure

Reuters |Updated 5 hours ago |1 min read

(Reuters) - U.S. defense contractor L3Harris cut 5% of its workforce earlier this month in a bid to streamline its business and save costs, CEO Chris Kubasik said in a post-earnings conference call on Friday. The announcement confirms a Reuters ...

The logo of Deutsche Bank is seen on the roof of a building outside a Deutsche Bank branch office in Malaga, Spain, April 24, 2024.

Deutsche Bank to make provision for Postbank suit that will hit Q2 profit

Reuters |Updated 3 hours ago |2 min read

BERLIN (Reuters) - Deutsche Bank AG said a court ruling in a years-long litigation over its takeover of Postbank will require it to make a legal provision that will impact its second quarter and full-year profitability. Germany's flagship lender ...

American Airlines aircraft are parked at Ronald Reagan Washington National Airport in Washington, U.S., August 8, 2016.

American Airlines to adjust routes amid Boeing 787 delivery delays

Reuters |Updated 6 hours ago |1 min read

(Reuters) - American Airlines will be making adjustments to certain routes in the second half of 2024 and the first quarter of 2025, the carrier said on Friday, citing ongoing Boeing 787 delivery delays. "We're making these adjustments now to ...

A street sign for Wall Street is seen outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., July 19, 2021.

Lofty US stocks leave investors punishing earnings disappointments

Lewis Krauskopf |Updated 3 hours ago |3 min read

By Lewis Krauskopf NEW YORK (Reuters) - Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Strong reports ...

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