UK’s competition boss: We do not want a hostile environment for tech
(Reuters) – The head of Britain’s anti-trust regulator said it was not seeking to create a “hostile environment” for tech…
Horizon tumbles on potential FTC lawsuit to block Amgen deal; analysts surprised
Bloomberg News reported yesterday that the U.S. Federal Trade Commission (FTC) is expected to introduce a lawsuit to block the…
Tesla succession planning, demand in focus ahead of shareholder meeting
(Reuters) – Tesla (NASDAQ:TSLA) Inc CEO Elon Musk will be under pressure to address investor concerns about the lack of…
Home Depot cuts annual sales forecast on slowing demand
(Reuters) – Home Depot Inc (NYSE:HD) cut its annual sales forecast on Tuesday, as the home improvement market cools after explosive growth…
Capital One shares up after billionaire investor Buffett’s near $1 billion bet on bank
(Reuters) – Shares of Capital One Financial Corp (NYSE:COF) rose in premarket trading on Tuesday after billionaire investor Warren Buffett’s holding company…
OpenAI chief goes before US Congress to propose licenses for building AI
(Reuters) – OpenAI, the startup behind ChatGPT, wants the U.S. to consider mandating licenses for companies to develop powerful artificial…
China’s Baidu beats quarterly revenue estimates on ad strength
(Reuters) – Search engine giant Baidu Inc (NASDAQ:BIDU) beat first-quarter revenue estimates on Tuesday as businesses spent more on advertising…
Japan approves energy firms’ household power price hike
(Reuters) – Japan’s government on Tuesday has approved an increase in household electricity rates of made by seven major utilities…
Gold creeps lower as hawkish Fed speakers brew renewed caution
Gold prices fell slightly in early Asian trade on Tuesday as a slew of Federal Reserve officials warned that interest…
Oil trades sideways amid US plan to refill reserves, mixed China outlook
(Reuters) – Oil futures traded sideways on Tuesday, after mostly weaker-than-expected data from China muddied the outlook for demand from…