(Reuters) -Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea, impacting a shipping route vital to East-West trade. In response, some shipping companies have instructed vessels to instead sail around southern Africa, a longer…
By Chibuike Oguh NEW YORK (Reuters) - Microsoft's stock market value crossed the $3 trillion milestone for the first time on Wednesday, retaining its place as the world's second most valuable company, just behind Apple. Microsoft and Apple shares have…
By David Shepardson and Valerie Insinna WASHINGTON (Reuters) -Boeing CEO Dave Calhoun met on Wednesday with several U.S. lawmakers on Capitol Hill, but two senators said he provided no answer about what caused the mid-air cabin panel blowout on a…
By Blake Brittain and Nate Raymond (Reuters) -Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company's artificial-intelligence technology, according to a filing in Massachusetts federal court. The settlement comes the same day…
By Kevin Yao and Ellen Zhang BEIJING (Reuters) -China's central bank announced a deep cut to bank reserves on Wednesday, in a move that will inject about $140 billion of cash into the banking system and send a strong signal…
By Steven Scheer JERUSALEM (Reuters) - Google is investing $8 million to support Israeli tech firms and Palestinian businesses, the Alphabet-owned group said on Wednesday, citing the need for small companies to secure financing during the Israel-Hamas war. Google said…
By Dawn Chmielewski (Reuters) -Netflix took a big step into live events on Tuesday with a more than $5 billion rights deal that would make it the exclusive home of World Wrestling Entertainment's Raw from January 2025. The 10-year partnership…
By Bhanvi Satija and Patrick Wingrove (Reuters) - Johnson & Johnson on Tuesday reported quarterly results just above Wall Street expectations, helped by strong sales of its blockbuster psoriasis drug Stelara, which is expected to face fresh U.S. competition from…
By Lisa Pauline Mattackal and Medha Singh (Reuters) - Bitcoin celebrated its 15th birthday this month by bursting onto Wall Street with an ebullient bang. Now the adolescent asset may have to grow up fast. Investors have embraced 11 U.S.…
By Sabrina Valle and Nate Raymond HOUSTON (Reuters) -Exxon Mobil Corp on Sunday filed a complaint in a Texas court seeking to prevent a climate proposal by activist investors from going to a vote during the company's shareholder meeting in…
