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Gilead boosts planned US investments by $11 billion amid tariff threat May 7, 2025 02:52PM

(Reuters) -Gilead Sciences announced $11 billion in new planned investment in the U.S. to add to its domestic manufacturing and research heft, becoming the latest company to announce spending plans in reaction to President Donald Trump's tariff policy.

The new investments, unveiled on Wednesday, will supplement an already planned spending of $21 billion to boost U.S. manufacturing and research and development through 2030, the drugmaker said.

... (continue reading...)
Apple's plan to offer AI search options on Safari a blow to Google dominance May 7, 2025 12:02PM

By Aditya Soni and Jody Godoy

(Reuters) -Apple's plans to add AI-powered search options to its Safari browser are a big blow to Google, whose lucrative advertising business relies significantly on iPhone customers using its search engine.

The news slammed shares of Google-parent Alphabet, which closed down 7.3%, wiping off roughly $150 billion from its market value.   

The iPhone maker was "actively looking at" reshaping Safari,... (continue reading...)


VP Vance: Trump Open to Sitting Down with Russia and China to Reduce the Number of Nuclear Weapons in the World - RRTS May 7, 2025 09:55AM

VP Vance: Trump Open to Sitting Down with Russia and China to Reduce the Number of Nuclear Weapons in the World - RRTS

  • $LAKE - "Lakeland Industries, Inc. manufactures and sells a line of industrial protective clothing and accessories for the industrial and public protective clothing market"
  • $MSA - "MSA Safety Incorporated provides advanced safety products, technologies and solutions. The Company's product line is used to protect workers and facility infrastructures."

EU to set out next countermeasures against US tariffs on Thursday May 7, 2025 09:48AM

SINGAPORE (Reuters) - The European Commission will announce on Thursday details of its next countermeasures against U.S. tariffs should negotiations with Washington fail, European Trade Commissioner Maros Sefcovic said on Wednesday.

"Tomorrow we will announce next preparatory steps, both in the area of possible rebalancing measures, and also in the areas important for the further discussions," Sefcovic told a news conference in Singapore after the... (continue reading...)


Amazon to spend $4 billion on cloud infrastructure in Chile May 7, 2025 09:12AM

By Fabian Cambero

SANTIAGO (Reuters) -Amazon's cloud computing division will invest $4 billion to build its first data centers and other cloud infrastructure in Chile, the company's head of South Latin America told Reuters.

Amazon Web Services (AWS) expects the cloud region, its third in Latin America after Brazil and Mexico, to be operational by the second half of 2026.

In an interview in Santiago on Tuesday, local head of AWS... (continue reading...)


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