Musk expands lawsuit against OpenAI, adding Microsoft and antitrust claims
By Mike Scarcella (Reuters) -Billionaire entrepreneur Elon Musk expanded his lawsuit against ChatGPT maker OpenAI, adding federal antitrust and other…
Author: Wall St Mavens
Exclusive-Democratic senators ask Pentagon, US attorney general to probe Musk’s alleged Russia calls
By Joey Roulette WASHINGTON (Reuters) – Reports that billionaire Elon Musk has held multiple calls with Russian officials, including President…
As Trump return looms, China’s Xi at APEC criticises protectionism
By Eduardo Baptista LIMA (Reuters) – With Donald Trump’s imminent return to the U.S. presidency looming over the Asia-Pacific Economic…
Reliance, Walt Disney close $8.5 billion merger of Indian media assets
(Reuters) – Reliance Industries and Walt Disney on Thursday completed the $8.5 billion merger of their Indian media assets, which…
Trump’s transition team aims to kill Biden EV tax credit
By Jarrett Renshaw (Reuters) -President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle…
EU fines Meta 797 million euros over abusive practices benefiting Facebook Marketplace
BRUSSELS (Reuters) -The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace,…
Advance Auto Parts to close stores, cut jobs amid sluggish demand
(Reuters) – Advance Auto Parts said on Thursday it will close about 500 stores by mid-2025 and cut some jobs…
Bitcoin rises above $90,000 on Trump euphoria
By Rae Wee and Hannah Lang (Reuters) – Bitcoin broke through the $90,000 level on Wednesday, as its rally showed…
Traders bet on Fed December rate cut after inflation data
(Reuters) – Traders of contracts that settle to the Federal Reserve’s policy rate moved Wednesday to price in a firmer…
Pentagon buys two new types of drones under Replicator initiative
By Mike Stone WASHINGTON (Reuters) – The Pentagon announced on Wednesday that it will add two new types of drones…