(Reuters) -The Data Center Coalition, which represents data center owners including Google, Amazon and Microsoft, called on U.S. Treasury Secretary Scott Bessent to uphold existing
Category: Business
Investors temper Ukraine hopes ahead of Trump and Putin summit
By Marc Jones LONDON (Reuters) -Investors are tempering expectations that Friday’s summit between Donald Trump and Vladimir Putin will deliver a significant breakthrough on the
Boeing’s July aircraft deliveries tumble 20% from June, trailing Airbus
By Dan Catchpole SEATTLE (Reuters) -U.S. planemaker Boeing said on Tuesday that it delivered 48 airplanes in July, down from 60 in June but five
AMC tops revenue estimates as blockbuster titles boost theater attendance
(Reuters) -AMC Entertainment surpassed Wall Street estimates for second-quarter revenue on Monday, as top U.S. blockbusters such as “A Minecraft Movie” and “Lilo & Stitch”
Investor Bill Ackman proposes combining Fannie Mae and Freddie Mac
(Reuters) -Billionaire investor Bill Ackman in an X post on Sunday suggested merging U.S. government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would
SoftBank buys Foxconn’s Ohio plant to advance Stargate AI push, Bloomberg News reports
(Reuters) -SoftBank Group Corp is acquiring Foxconn Technology Group’s electric vehicle plant in Ohio, in a bid to launch the Japanese company’s Stargate data center
Trade Desk tumbles after CEO warns of tariff impact on large brand advertisers
(Reuters) -Shares of cloud-based ad tech firm Trade Desk were set for their biggest single-day decline on record on Friday, after CEO Jeff Green warned
Factbox-Before Intel, which CEOs drew Trump’s ire?
(Reuters) -U.S. President Donald Trump demanded on Thursday that Intel’s Lip-Bu Tan resign immediately, saying that the company’s new CEO was “highly conflicted” due to
Ellison outlines vision for new Paramount with focus on content and technology
By Dawn Chmielewski LOS ANGELES (Reuters) -Paramount’s new chairman and chief executive, David Ellison, outlined a plan to transform the century-old entertainment company into a
OpenAI launches GPT-5 as the AI industry seeks a return on investment
By Anna Tong SAN FRANCISCO (Reuters) -OpenAI launched on Thursday its GPT-5 artificial intelligence model, the highly anticipated latest installment of a technology that has