Two of Elon Musk's companies sued Apple and OpenAI on Monday, accusing the pair of an "anticompetitive scheme" to thwart…
Tag: Source : CNBC
Intel says Trump deal has risks for shareholders, international sales
President Donald Trump called the agreement "a great Deal for America" and said the building of advanced chips "is fundamental…
Solar executives warn that Trump attack on renewables will lead to power crunch that spikes electricity prices
Renewable power executives say difficulty getting permits, rising costs due to tariffs and the end of key tax credits are…
Higher tariffs are kicking in. Here’s what Walmart and other retailers said about their impact
Consumer spending has largely stayed strong so far and the pinch from higher duties hasn't been as severe as some…
Trump says he’ll fire Fed Governor Lisa Cook ‘if she doesn’t resign’
President Donald Trump said Friday he will fire Federal Reserve Governor Lisa Cook if she does not resign from her…
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Powell on Friday gave a tepid indication of possible cuts ahead as he noted a high level of uncertainty. ...
Trump half-billion-dollar civil fraud penalty thrown out by appeals court
The fraud lawsuit against President Donald Trump and others, which led to the penalty, was filed by New York State…
Walmart hikes sales and earnings outlook even as it says tariff costs are rising
Walmart said it has raised prices for some items but kept others unchanged as tariff costs rise. ...
Trump demands Fed’s Cook resign after housing official calls for ‘mortgage fraud’ probe
Trump has targeted the Federal Reserve and its chairman, Jerome Powell, as he pressures the central bank to slash interest…
Intel in talks with other large investors for equity boost at discount, sources say
It comes after SoftBank announced it would invest $2 billion in the struggling chipmaker. ...
Nvidia says it’s evaluating a ‘variety of products’ after report of new AI chip for China
Nvidia last week struck a deal with the U.S. government to resume selling products in China, in exchange for giving…
Silicon Valley’s AI deals are creating zombie startups: ‘You hollowed out the organization’
Unable to make big AI purchases because of regulatory hurdles, tech giants have spent billions to buy top talent from…