(Reuters) - Tech conglomerate Broadcom raised its annual revenue forecast on Wednesday, betting on higher demand for its networking equipment and custom chips from businesses investing in artificial intelligence infrastructure.
Shares of the Palo Alto, California-based company, which also unveiled a stock split, rose more than 9% in extended trading.
The company will carry out a 10-for-1 forward stock split, effective after markets close... (continue reading...)
MONTREAL (Reuters) - There is a limit to how far the Bank of Canada can diverge from the U.S. Federal Reserve when it comes to cutting rates but the Canadian bank is nowhere near that limit, Governor Tiff Macklem told a Montreal conference on Wednesday.
(Reporting by Allison Lampert and Promit Mukherjee, editing by David Ljunggren)
By Nate Raymond
(Reuters) - Oklahoma's highest court on Wednesday dismissed a lawsuit by the last two known living survivors of the Tulsa race massacre in 1921 seeking reparations for the violence and destruction that resulted in the deaths of hundreds of Black people.
The Oklahoma Supreme Court upheld a judge's decision last year to dismiss the case, saying the state's public nuisance law could not be relied upon to address the lingering... (continue reading...)
By Nancy Lapid
(Reuters) -The Southern Baptist Convention voted Wednesday to condemn the use of in vitro fertilization and commend congregants who use alternative fertility therapies or adopt frozen embryos.
In February, the practice of freezing embryos was thrown into chaos in Alabama. The state supreme court ruled that such embryos should be considered children, exposing clinics to wrongful death claims in the event they are destroyed in... (continue reading...)
TRIPOLI (Reuters) - Interior ministers from Libya and Tunisia said on Wednesday they had agreed to partially reopen the border crossing at Ras Jdir on Thursday morning, and to fully reopen it on June 20 after more than three months of closure.
Libyan interior minister in Government of National Unity (GNU) in Tripoli, Emad Trabulsi, said in a video statement with his Tunisian counterpart, Khaled Nouri, that the border crossing would be reopened "for... (continue reading...)
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