Over 100,000 Florida customers without power due to approaching Hurricane Helene
(Reuters) – More than 100,000 homes and businesses in Florida were without power on Thursday as hurricane Helene looked poised…
NY Fed’s Perli says there is plenty of room left to run in shrinking Fed holdings
By Michael S. Derby NEW YORK (Reuters) – The official responsible for managing the Federal Reserve’s massive holdings of cash…
Costco Wholesale misses quarterly revenue estimates on still-muted spending
(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only…
Micron forecasts upbeat first-quarter revenue on strong demand for memory chips
(Reuters) -Micron Technology forecast first-quarter revenue above Wall Street estimates on Wednesday, betting on strong demand for its high bandwidth…
PayPal to let business accounts buy, hold and sell cryptocurrency
(Reuters) -PayPal Holdings announced on Wednesday it is enabling U.S. merchants to buy, hold and sell cryptocurrency from their business…
OpenAI to remove non-profit control and give Sam Altman equity, sources say
By Krystal Hu and Kenrick Cai SAN FRANCISCO (Reuters) – ChatGPT-maker OpenAI is working on a plan to restructure its…
Boeing offers additional time to striking union workers to vote on new offer
(Reuters) – Boeing said on Tuesday it has offered additional time and support to the union representing thousands of its…
US accuses Visa of monopolizing debit card swipes
By Jody Godoy (Reuters) – The U.S. Department of Justice sued Visa for alleged antitrust violations on Tuesday, accusing one…
FAA will notify DOJ if Boeing engages in any criminal activities
(Reuters) – The head of the Federal Aviation Administration will tell a U.S. Senate panel on Wednesday that the agency…
Israel open to ideas to de-escalate in Lebanon, says Israel’s UN envoy
By Michelle Nichols and Humeyra Pamuk UNITED NATIONS (Reuters) – Israel is open to ideas for de-escalating the conflict in…