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Verizon outage: Massive outage bringing network down. What to know
U.S. wireless carrier Verizon appears to be experiencing an outage, according to Down Detector. As of 12:49 p.m. on Wednesday, Jan. 14, 175,399 users had reported difficulties via the Down Detector website. Many Verizon users also took to social media platforms, such as X, to say their phone service was completely down. Users ar[...]
US biotech sector poised for 2026 rebound as IPO interest revives
Investors see a potential biotech rebound in 2026 as IPO activity, dealmaking and lower rates offset lingering policy risks.
Oil climbs on concerns over potential Iranian supply disruption
LONDON, Jan 14 (Reuters) – Oil prices rose on Wednesday for a fifth straight session on fears of Iranian supply disruptions due to a potential U.S. attack on Iran and possible retaliation against U.S. regional interests. Brent futures were up 76 cents, or 1.2%, at $66.23 a barrel at 1411 GMT. U.S. West Texas Intermediate [[...]
US approves Nvidia H200 chip exports to China with some conditions
The Trump administration approved Nvidia’s H200 AI chip sales to China under new restrictions, drawing concern from national security hawks.
US banking giants reap bigger profits as borrowers seek more loans
U.S. banking giants reported stronger fourth-quarter profits as loan growth accelerated, signaling momentum heading into 2026.
US consumer inflation increases steadily, but households paying more for food and rents
U.S. inflation rose in December as higher food and rent costs hit households, reinforcing expectations the Fed will hold rates.
Delta leans on premium flyers for 2026 growth, orders Boeing 787s
Delta Air Lines forecasts about 20% earnings growth in 2026 as premium travel boosts margins and orders 30 Boeing 787 jets.
Microsoft rolls out initiative to limit data-center power costs, water use impact
Microsoft says it will curb water use and cover power costs at U.S. data centers as communities and Trump raise concerns grow.
Trump seeks to quell data center rebellion
Trump urges tech giants, led by Microsoft, to ensure AI data centers don’t raise electricity bills amid community backlash.
Wall Street CEOs back Fed independence as Trump administration probes Powell
Wall Street CEOs back Fed independence after a Trump administration probe of Chair Jerome Powell sparks market and inflation concerns.
Capital One $425 million depositor settlement wins preliminary approval after earlier rejection
NEW YORK, Jan 12 (Reuters) – A federal judge granted preliminary approval on Monday to Capital One’s revised $425 million class action settlement with depositors who said they were cheated out of high interest rates, two months after an earlier accord was rejected. U.S. District Judge David Novak in Alexandria, Virgi[...]
Trump administration probe of Fed’s Powell draws pushback
A criminal probe of Fed Chair Jerome Powell sparked bipartisan criticism, raised concerns over Fed independence and moved markets.
