Microsoft hit with $242 million US verdict in Cortana patent lawsuit
By Blake Brittain (Reuters) - Microsoft must pay patent owner IPA Technologies $242 million, a federal jury in Delaware said ...
May 10, 2024
US Treasury's Yellen says Congress should act on nonbank mortgage sector
(Reuters) - U.S. Treasury Secretary Janet Yellen on Friday called for Congress to give regulators more power to oversee the g...
May 10, 2024
US Treasury posts $210 billion surplus in April
(Reuters) - The U.S. federal budget surplus in April increased from a year earlier as a boost in tax receipts outpaced a rise...
May 10, 2024
Musk's X Corp loses lawsuit against Israeli data-scraping company
By Jonathan Stempel (Reuters) - A U.S. judge dismissed a lawsuit in which Elon Musk's X Corp accused an Israeli data-scraping...
May 10, 2024
Elon Musk says Tesla will spend $500 million to expand charging network
(Reuters) - Tesla will spend more than $500 million to expand its fast-charging network, CEO Elon Musk said on Friday, days a...
May 10, 2024
Exclusive-Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say
By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) - Fast-fashion giant Shein is stepping up preparation...
May 10, 2024
Investor and philanthropist Jim Simons dies at age 86
(Reuters) - Investor and philanthropist Jim Simons has died at the age of 86 in New York City, the Simons Foundation said in ...
May 10, 2024
Downside risks for Pakistan remain exceptionally high, says IMF
KARACHI, Pakistan (Reuters) - Downside risks for the Pakistani economy remain exceptionally high, the International Monetary ...
May 10, 2024
Fed officials mull if rates are high enough as inflation expectations jump
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Debate over whether U.S. interest rates are high enough deepened am...
May 10, 2024
McDonald's to launch $5 meal deal to lure back customers, Bloomberg News reports
(Reuters) -McDonald's is preparing to launch a $5 meal deal at its U.S. restaurants to lure more inflation-hit customers back...
May 10, 2024