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December 5, 2025
  • US judge partially blocks FTC ban on worker noncompete agreements
  • Microsoft’s LinkedIn settles lawsuit claiming it overcharged advertisers
  • US stocks end down, crude slides amid Fed, geopolitical crosscurrents
  • Google loses bid to end US antitrust case over digital advertising
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  • AbbVie’s tight grip on Humira market raises concerns about biosimilars

    1 year ago
  • Tesco’s 10 million pound man – CEO’s annual pay package doubles

    2 years ago
  • X’s lawsuit against Media Matters to head to trial in April 2025

    1 year ago
  • Police investigating suspicious substance near US Capitol

    2 years ago
  • Explainer-The Fed nears its 2% solution after a punishing bout of rising prices

    1 year ago
  • Merck to buy eye-focused drug developer EyeBio for as much as $3 billion

    2 years ago
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Macron calls shock French elections after far-right rout by Le Pen

Monetary Elite1 year ago02 mins

By Michel Rose and Tassilo Hummel PARIS (Reuters) -French President Emmanuel Macron set off a political earthquake on Sunday when he called shock legislative elections for later this month after he was trounced in the European Union vote by Marine Le Pen’s far-right party. Macron’s surprise decision represents a major roll of the dice on…

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Battle for Congress: Republicans pick favorites in Nevada, South Carolina

Monetary Elite1 year ago1 year ago03 mins

By David Morgan WASHINGTON (Reuters) – Republican Sam Brown will try to walk away with his party’s nomination for the U.S. Senate on Tuesday in Nevada, one of four states where voters will make their party picks for the November general election. Brown, a former U.S. Army captain backed by Senate Republicans, including Senate Minority…

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GE Aerospace developing hybrid engines for single-aisle jets

Monetary Elite1 year ago02 mins

By Rajesh Kumar Singh EVENDALE, Ohio (Reuters) – GE Aerospace is developing a hybrid electric engine with the hopes it will power next-generation narrow-body jets by the middle of the next decade. While the technology is still being tested, should GE be successful, it could produce hybrid-engine jets – like a Toyota Prius of the…

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Oregon wildfire explodes to half the size of Rhode Island

Monetary Elite1 year ago02 mins

By Rich McKay (Reuters) – Winds and lightning strikes have sparked and fanned wildfires across the Pacific Northwest this week, including the largest fire in the United States, near the Oregon-Idaho border, which grew rapidly on Friday, fire officials said. The Durkee Fire near Huntington, Oregon, about 100 miles (160 km) north of Boise, Idaho,…

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CNN rules for first US presidential debate: no props, muted microphones

Monetary Elite1 year ago02 mins

By David Shepardson and Andrea Shalal WASHINGTON (Reuters) – The first U.S. presidential debate between incumbent Joe Biden and Republican rival Donald Trump on June 27 will include two commercial breaks, no props and muted microphones except when recognized to speak, CNN said Saturday. In May, the candidates agreed to face off in two debates…

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Wall Street ends slightly up, trade choppy ahead of inflation data

Monetary Elite1 year ago03 mins

By Ankika Biswas, Lisa Pauline Mattackal and Carolina Mandl (Reuters) -Major U.S. stock indexes closed with modest gains on Wednesday after a choppy trading session, with investors holding their cards close to the vest ahead of a presidential debate and an inflation report closely watched by Federal Reserve policy makers. “We’re in this kind of…

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Biden: Criticism of Trump jury verdict is ‘dangerous, irresponsible’

Monetary Elite2 years ago2 years ago02 mins

By Steve Holland and Jarrett Renshaw WASHINGTON (Reuters) – President Joe Biden said on Friday that it was “dangerous” for people to question the integrity of the guilty verdict in Donald Trump’s hush money jury trial. In his first public comments since a New York jury on Thursday found Trump guilty on 34 counts over…

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Meta to shut Workplace app to focus on AI, metaverse

Monetary Elite2 years ago2 years ago02 mins

(Reuters) – Meta Platforms will discontinue its work-focused Workplace app as the company shifts its focus on building artificial intelligence and metaverse technologies, the Facebook parent said on Tuesday. Workplace will be shuttered starting June 2026 for customers but Meta will continue to use it as its internal messaging board, the company said, adding users…

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Tesla plans to leverage Elon Musk’s big pay win in Delaware court battle

Monetary Elite1 year ago04 mins

By Hyunjoo Jin, Ross Kerber and Tom Hals SAN FRANCISCO (Reuters) -Tesla will use Thursday’s strong support for Elon Musk’s $56 billion pay package to try to win over a Delaware judge that invalidated his 2018 agreement, the company’s board president said Friday. The long process to reaffirm the largest-ever corporate pay package ended Thursday,…

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Stocks bask in Nvidia glow, dollar steady

Monetary Elite1 year ago04 mins

By Amanda Cooper LONDON (Reuters) -Global stocks hit record highs on Wednesday, driven by a rally in tech shares that has made AI chipmaker Nvidia the world’s most valuable company, while the dollar stalled as soft U.S. retail sales data suggested rates could fall this year. MSCI’s All-World index was up 0.15% at 805.12, having…

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