(Reuters) -Amazon.com said on Monday it plans to invest at least $20 billion in Pennsylvania to expand data center infrastructure, adding on to the billions
Category: Business
BlackRock calls antitrust claims “unprecedented, unsound and unsupported”
(Reuters) -An attorney for BlackRock called antitrust claims by Republican-led states “unprecedented, unsound and unsupported” on Monday and said they had failed to show how
From Time Inc to Discovery: Warner Bros breakup puts spotlight on checkered M&A history
(Reuters) -Warner Bros Discovery, home to HBO and CNN, said on Monday it would split into two companies, the latest twist in its decades-long history
Stablecoin firm Circle adds to stellar first day gains with another stock surge
By Arasu Kannagi Basil (Reuters) -Stablecoin issuer Circle Internet’s shares climbed 48% on Friday, extending a stellar run after a blowout market debut on the
AI-driven search ad spending set to surge to $26 billion by 2029, data shows
By Jaspreet Singh (Reuters) -Spending on AI-powered search advertising is poised to surge to nearly $26 billion by 2029 from just over $1 billion this
Airlines stick to net zero target despite green fuel doubts
By Rajesh Kumar Singh, Shivansh Tiwary and Tim Hepher NEW DELHI (Reuters) -Global airlines wrapped up a two-day summit on Tuesday sticking to a target
Broadcom ships latest networking chip to speed AI
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom has begun to ship its latest networking chip that aims to speed AI, the company said on
Toyota Industries to accept Toyota Group’s $42 billion offer, Nikkei reports
(Reuters) -Toyota Industries is expected to accept the $42 billion takeover bid by the world’s biggest automaker Toyota Motor Corp and other group companies as
Explainer-The reality of Trump’s steel and aluminium tariffs
By Pratima Desai LONDON (Reuters) -U.S. President Donald Trump plans to double tariffs on steel and aluminium imports to 50% from Wednesday, stepping up pressure
Musk’s xAI seeks $113 billion valuation in $300 million share sale, FT reports
(Reuters) -Elon Musk’s xAI is seeking a valuation of $113 billion in a share sale worth $300 million, the Financial Times reported on Monday, citing