By Leah Douglas WASHINGTON (Reuters) – The Food and Drug Administration is suspending a quality control program for its food…
Kraken lays off hundreds to streamline business ahead of IPO, Coindesk reports
(Reuters) -Kraken, one of the world’s largest cryptocurrency exchanges, has laid off hundreds of employees in the past several months…
Google holds illegal monopolies in ad tech, US judge finds
By Jody Godoy (Reuters) – Alphabet’s Google illegally dominates two markets for online advertising technology, a judge ruled on Thursday,…
AmEx profit beats expectations as card spending holds up
By Arasu Kannagi Basil and Niket Nishant (Reuters) – American Express beat Wall Street estimates for first-quarter profit on Thursday,…
Intel will need license to export AI chips to Chinese clients, FT reports
(Reuters) – American chipmaker Intel has informed Chinese clients it will start needing a license to sell some of its…
Ford Motor may hike prices if Trump’s auto tariffs persist, memo says
By Kalea Hall, Nora Eckert and Utkarsh Shetti (Reuters) – Ford Motor may raise prices on its new vehicles if…
Zoom down for thousands of users, Downdetector shows
(Reuters) – Video-conferencing platform Zoom Communications services were down for thousands of users on Wednesday, according to outage tracking website…
Powell does not think Trump’s labor board firings case will apply to Fed
By Howard Schneider CHICAGO (Reuters) – The legal case before the Supreme Court over President Donald Trump’s firing of two…
OpenAI is working on X-like social media network, the Verge reports
(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar…
Deep-sea mining firm Impossible Metals seeks mining lease near American Samoa
By Ernest Scheyder (Reuters) – Deep-sea mining firm Impossible Metals said on Tuesday that it has asked U.S. federal officials…