Google parent Alphabet reclaims spot in $2 trillion valuation club
(Reuters) – Alphabet breached the $2 trillion market value mark for the first time since November 2021 on Friday, as investors cheered the Google parent
TSMC says ‘A16’ chipmaking tech to arrive in 2026, setting up showdown with Intel
By Stephen Nellis SANTA CLARA, California (Reuters) -Taiwan Semiconductor Manufacturing Co said on Wednesday that a new chip manufacturing technology called “A16” will enter production
Cisco says hackers subverted its security devices to spy on governments
By Raphael Satter WASHINGTON (Reuters) – Technology firm Cisco Systems said that hackers have subverted some of its digital security devices to break in to
Whirlpool to cut 1,000 jobs globally
(Reuters) -Whirlpool Corp will lay off about 1,000 salaried employees globally, the home appliances maker said on Wednesday. The company said it first cut jobs
FDIC is approaching potential buyers of Republic First, Bloomberg News reports
(Reuters) -The Federal Deposit Insurance Corp (FDIC) is in talks with potential buyers for Republic First Bancorp, Bloomberg News reported on Wednesday, citing people with
US new home sales rebound to six-month high; rising mortgage rates a concern
By Lucia Mutikani WASHINGTON (Reuters) – Sales of new U.S. single-family homes rebounded in March from February’s downwardly revised level, drawing support from a persistent
Visa results beat estimates on resilient consumer spending
By Manya Saini and Pritam Biswas (Reuters) -Visa’s second-quarter results sailed past Wall Street estimates on Tuesday, as consumers shrugged off worries of a slowing
JPMorgan CEO Dimon says US economy is booming
By Nupur Anand (Reuters) -JPMorgan Chase CEO Jamie Dimon expressed confidence in a robust U.S. economy backed by strong employment and healthy consumer finances. The
AI boom to fuel natural gas demand in coming years, report says
(Reuters) – A spike in power usage from artificial intelligence (AI) data centers could significantly boost natural gas demand in the second half of the
TikTok says US House bill that could ban app would ‘trample’ free speech
By Kanishka Singh WASHINGTON (Reuters) -TikTok on Sunday repeated its free-speech concerns about a bill passed by the House of Representatives that would ban the