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1 week ago | 
usatoday.com | Fedja Grulovic |Patricia Weiss |JASPREET SINGH |Helen Reid
U.S. President Donald Trump's about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains. In a stunning reversal, the president said on Wednesday he would temporarily lower the hefty tariffs he had just imposed on dozens of countries, though he also hiked duties for China and kept 25% tariffs levied on aluminum, steel and autos in place.
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2 weeks ago | 
marketscreener.com | Fedja Grulovic |Patricia Weiss |JASPREET SINGH
BELGRADE/FRANKFURT/LONDON (Reuters) - U.S. President Donald Trump's about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.
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2 weeks ago | 
usnews.com | Fedja Grulovic |Patricia Weiss |JASPREET SINGH
By Fedja Grulovic, Patricia Weiss and Jaspreet SinghBELGRADE/FRANKFURT/LONDON (Reuters) - U.S. President Donald Trump's sudden about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war and its chaotic implementation: soaring costs, falling orders and snarled supply chains.
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2 weeks ago | 
streetinsider.com | Fedja Grulovic |Patricia Weiss |JASPREET SINGH
1. SPY2. TLT3. CYBR4. JPM5. STZ6. FLNC7. TSLA8. RMR9. TTD10. MS Tweet Share E-mail0 shares FILE PHOTO: U.S. President Donald Trump speaks, as he signs executive orders and proclamations in the Oval Office at the White House in Washington, D.C., U.S., April 9, 2025.
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2 weeks ago | 
today.westlaw.com | Rosalba O'Brien |JASPREET SINGH |Siddharth Cavale |Leroy Leo
(Reuters) -Walmart on Friday denied a report from ABC News that it was considering joining a group of investors to buy short video app TikTok. Earlier on Friday, ABC News reporter Selina Wang said in a post on X that the world's largest retailer was...
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3 weeks ago | 
today.westlaw.com | JASPREET SINGH |Deborah Mary Sophia |Max Cherney |Nia Williams
(Reuters) -U.S. President Donald Trump's sweeping reciprocal tariffs could hamstring Big Tech's billion-dollar efforts to build artificial intelligence infrastructure in the country, likely undermining a key goal of the administration, analysts said...
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3 weeks ago | 
today.westlaw.com | Shinjini Ganguli |Greg Bensinger |JASPREET SINGH |Akash Sriram
(Reuters) -As the weekend deadline for TikTok to find a buyer approaches, bidders for the short-video social media site are piling up. Amazon and, separately, a consortium led by OnlyFans founder Tim Stokely are the latest to throw their hats into the...
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3 weeks ago | 
today.westlaw.com | JASPREET SINGH |Vijay Kishore |Juby Babu
(Reuters) -Artificial intelligence startup CoreWeave's shares closed up 42% at $52.57 on Tuesday, their third day of trading, above their initial public offering price of $40. At close, the company added more than $7 billion to its market value.
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3 weeks ago | 
innovationaus.com | Justin Hendry |JASPREET SINGH |Harshita Mary Varghese
OpenAI said on Monday it would raise US$40 billion (A$64 billion) in a new funding round led by SoftBank Group at a US$300 billion valuation to advance AI research, expand computational infrastructure and enhance its tools. SoftBank would provide 75 per cent of the funding, according to a person familiar with the matter, with the remainder coming from Microsoft, Coatue Management, Altimeter Capital and Thrive Capital.
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3 weeks ago | 
ksl.com | Greg Bensinger |Tatiana Bautzer |Seher Dareen |JASPREET SINGH |Juby Babu |Krystal Hu
NEW YORK — Elon Musk's xAI artificial intelligence firm has acquired Musk's X, the social media outfit formerly known as Twitter, for $33 billion, marking the latest twist in the billionaire's rapid consolidation of power. The all-stock deal announced on Friday combines two of Musk's multiple portfolio companies, which also include automaker Tesla and SpaceX, and potentially eases Musk's ability to train his AI model known as Grok.
