A look at the day ahead in U.S. and global markets from Mike Dolan
Wall Street's tech-led stock surge to new records has seen $3 trillion AI-champion Nvidia replace Apple as the world's 2nd most valuable company in a market infused with interest rate cut excitement across the G7.
With the European Central Bank set to follow the Bank of Canada on Thursday with its first interest rate cut of the cycle, four countries of the G7 economic bloc... (continue reading...)
By Nichola Groom
(Reuters) - A two-year U.S. tariff holiday on solar panels from Southeast Asia expires on Thursday, starting the clock ticking for American project developers to use the huge amount of equipment they stockpiled duty-free over that period by the end of this year.
The dynamic could result in a mini-boom in already red-hot U.S. solar installations, while also annoying the nascent domestic manufacturing industry which is keen... (continue reading...)
By Howard Schneider
(Reuters) - Like many firms during the pandemic Worxbee, a small business that provides virtual executive assistant services, brought on bodies when Chief Executive Kenzie Biggins thought she found a good match.
Peaking at 11 people, the hiring in the end proved an overreach, and Biggins' staffing is now down to six, mostly through attrition. She's intent on using technology and smarter management to keep it there.
... (continue reading...)By Matt McKnight
SPOKANE, Washington (Reuters) - The inmates of Washington state's prison system tramp through the forest, their yellow uniforms and helmets bright against the brown branches and green leaves.
They are Arcadia 20, or ARC 20, an elite group of firefighters based in Spokane who have been recruited from existing firefighting prison camps.
The aim? Teach the inmates the skills needed to help prevent forest fires... (continue reading...)
By David French and Arathy Somasekhar
(Reuters) - U.S. oil and gas producer Devon Energy has lost bids to acquire at least three of its peers in the last 12 months because its shares were spurned as acquisition currency, according to people familiar with the negotiations.
Devon missed out on the sector's dealmaking boom by losing to ConocoPhillips the $22 billion deal to acquire Marathon Oil, failing to beat Occidental Petroleum's $12... (continue reading...)
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China says it never uses EV subsidies barred by WTO
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China's Space Pioneer raises $207 million to fund rocket development
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A year after Greece migrant boat tragedy, answers and justice still out of reach
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China says open to space cooperation with US but 'hurdles' remain
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China's Chang'e-6 transfers moon samples to spacecraft, set for return to Earth
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Sudan's RSF kills at least 100 in attack on village, activists say
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Russian central bank urges global integration despite sanctions
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Scholz vows to toughen up German deportation rules after attacks
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German industrial orders unexpectedly fall in April
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Sri Lanka gives preliminary approval to Musk's Starlink
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Ukraine downs 17 out of 18 drones used in Russia's overnight attack
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Analysis-Nvidia's stunning gains increasingly power Wall Street's record run
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Diminished Hamas switches to full insurgent mode in Gaza
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Diminished Hamas switches to full insurgent mode in Gaza
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Diminished Hamas switches to full insurgent mode in Gaza
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Diminished Hamas switches to full insurgent mode in Gaza
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Diminished Hamas switches to full insurgent mode in Gaza
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Meta faces call in EU not to use personal data for AI models
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US regulators to open antitrust inquiries of Microsoft, OpenAI and Nvidia, NYT reports