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Intel and Google to double down on AI CPUs with expanded partnership
Intel and Google expand their partnership to develop AI-focused CPUs and custom infrastructure processors, responding to growing demand for AI computing power.
US weekly jobless claims rise, but remain at low levels
US weekly jobless claims rose by 16,000 to 219,000 but remain low, indicating steady labor market conditions amid economic uncertainty.
Meta unveils first AI model from costly superintelligence team
Meta Platforms launched Muse Spark, its first ai model from a high-cost superintelligence team, aiming to enhance everyday tasks across its social platforms.
March jobs report blows past expectations
US employers added 178,000 jobs in march, beating expectations amid energy price concerns tied to the iran conflict, signaling labor market resilience.
Jeff Shell exits as president of Paramount Skydance amid legal disputes
Jeff Shell is out as president of Paramount Skydance following legal disputes involving a $150 million lawsuit and allegations of misconduct.
Aerospace parts maker Arxis targets $11.2B valuation in US IPO
Arxis, the aerospace components maker based in Bloomfield, Connecticut, aims for an $11.2 billion valuation in its U.S. initial public offering.
Global energy stocks plunge as US-Iran ceasefire hits oil
April 8 (Reuters) – U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into oil prices due to fears of supply disruption through the Strait of Hormuz. Oil fell below $100 per barrel after U.S. President Donald Trump late on Tuesday agreed [&he[...]
Oil tumbles below $100 after Trump announces two-week ceasefire
LONDON, April 8 (Reuters) – Oil tumbled below $100 a barrel on Wednesday after U.S. President Donald Trump said he had agreed to a two-week ceasefire with Iran, subject to an immediate and safe reopening of the Strait of Hormuz. Brent crude futures were down $18.27, or 16.72%, at $91.00 a barrel by 1320 GMT. […]
Trump says US will work closely with Iran, discuss sanctions
WASHINGTON, April 8 (Reuters) – The United States will work closely with Iran and the two countries are discussing tariff and sanctions relief, U.S. President Donald Trump said on Wednesday, following the announcement of a two-week ceasefire. Trump pulled back from the brink of a threatened full-on assault on Iran on Tuesd[...]
‘A whole civilization will die tonight’ says Trump as Iran defies looming deadline
DUBAI/WASHINGTON, April 7 (Reuters) – U.S. President Donald Trump threatened that “a whole civilization will die tonight” as Iran showed no sign of accepting his ultimatum to open the Strait of Hormuz by Tuesday evening. Trump has given Iran until 8 p.m. in Washington – 3:30 a.m. in Tehran – to end [...]
US hits military targets on Iran’s Kharg Island, Vance says no change to strategy
BUDAPEST/WASHINGTON, April 7 (Reuters) – U.S. strikes on Iran’s Kharg Island do not represent a change in American strategy, U.S. Vice President JD Vance said on Tuesday as a U.S. official separately told Reuters the additional strikes on military targets did not impact oil infrastructure. The official, who spoke to [...]
Health insurers rise after US lifts 2027 Medicare Advantage payment rates
April 7 (Reuters) – Shares of U.S. health insurers climbed on Tuesday after the government finalized Medicare Advantage payment rates above estimates, which are expected to add more than $13 billion in additional payments next year. Insurers had lost billions in market value after the Trump administration‘s smaller-t[...]
