Fed’s Goolsbee sees another 125 bps of rate cuts by end-2025
Hidden Values Daily (Reuters) – Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels...
2024
Elon Musk efficiency panel seeks ‘high IQ’ staff, plans livestreams
WASHINGTON (Reuters) – Elon Musk’s government efficiency panel wants “high IQ” employees and plans weekly...
Boeing hires Northrop executive to take over Pentagon projects
(Reuters) – Boeing said on Thursday it hired former Northrop Grumman executive Colin Miller to...
Exclusive-Trump’s transition team aims to kill Biden EV tax credit
By Jarrett Renshaw and Chris Kirkham (Reuters) -President-elect Donald Trump’s transition team is planning to...
Amazon’s push into telehealth knocks shares of Hims & Hers
(Reuters) – Shares of Hims & Hers Health slumped 15% on Thursday after Amazon.com launched...
China’s Pony AI seeks up to $4.5 billion valuation in long-sought New York listing
(Reuters) -Pony AI is seeking a valuation of up to $4.48 billion in its U.S....
EU regulators quiz Novo Nordisk, Catalent rivals on $16.5 billion deal
By Foo Yun Chee and Maggie Fick BRUSSELS/LONDON (Reuters) – EU antitrust regulators have asked...
AMD to cut 4% of global workforce as it focuses on AI chip development
(Reuters) – Advanced Micro Devices is laying off 4% of its global workforce, or about...
Meta to introduce ads on Threads in early 2025, the Information reports
(Reuters) -Meta Platforms plans to introduce advertisements to its social media app Threads early next...
Exclusive-Saudi Arabia prioritizes sports for NEOM plans as costs balloon, sources say
By Pesha Magid, Hadeel Al Sayegh and Federico Maccioni RIYADH/DUBAI (Reuters) – Saudi Arabia has...