Three Mile Island nuclear plant could restart on Microsoft AI power deal
(Reuters) -Constellation Energy and Microsoft have signed a data center deal to help resurrect a unit of the Three Mile…
Author: Wall St Mavens
Fed’s Bowman says dissent on large rate cut based on above-target inflation data
WASHINGTON (Reuters) – Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank’s half-percentage-point interest…
Nike veteran Hill to replace Donahoe as CEO; shares jump
By Juveria Tabassum, Nicholas P. Brown (Reuters) -Nike said on Thursday that former senior executive Elliott Hill will rejoin the…
Amazon adds chatbot for its sellers, boosting automation
By Greg Bensinger (Reuters) – Amazon.com announced on Thursday a new artificial intelligence application that it says will help its…
FedEx reports drop in quarterly earnings on lower demand for priority services
(Reuters) -FedEx reported a drop in first-quarter profit on Thursday and lowered the top end of its annual profit forecast…
Fed’s big cut may have been closer call than lone dissent suggests
WASHINGTON (Reuters) – The Federal Reserve’s big bang start on Wednesday to what’s expected to be more interest-rate cuts this…
US FDA approves Elanco’s skin disease treatment for dogs
(Reuters) -The U.S. Food and Drug Administration has approved Elanco Animal Health’s skin disease treatment for dogs, the health regulator’s…
Ukraine’s Zelenskiy says ‘victory plan’ is ready
(Reuters) – President Volodymyr Zelenskiy said on Wednesday that his “Victory Plan”, intended to bring peace to Ukraine while keeping…
Instant view: Fed slashes rates 50 bp in first easing since pandemic hit
(Reuters) – The Federal Reserve cut interest rates by half of a percentage point on Wednesday, kicking off what is…
Google urges tribunal to throw out $9.3 billion UK lawsuit over search ‘dominance’
LONDON (Reuters) – Google parent Alphabet on Wednesday asked a London tribunal to throw out a mass lawsuit that accuses…