Record beef prices raise Memorial Day cookout costs
By Tom Polansek, Heather Schlitz CHICAGO (Reuters) -Beef prices set records last month at U.S. grocery stores, and economists expect…
Amazon.com is sued over alleged sale of contaminated rice
By Jonathan Stempel (Reuters) – Amazon.com was sued on Friday by consumers over its alleged sale of a wide variety…
Oracle to buy $40 billion of Nvidia chips for OpenAI’s US data center, FT reports
(Reuters) -Oracle will spend around $40 billion on Nvidia’s higher-performance chips to power OpenAI’s new U.S. data center, the Financial…
US Justice Department reaches deal with Boeing to allow planemaker to avoid prosecution
WASHINGTON (Reuters) -The U.S. Justice Department said on Friday it has struck a deal in principle with Boeing to allow…
Apple plans smart glasses launch in 2026, Bloomberg News reports
(Reuters) -Apple plans to release smart glasses at the end of next year, Bloomberg News reported on Thursday, in the…
Exclusive-US panel divided over Nippon Steel bid for US Steel but path forward seen, says official
By Alexandra Alper WASHINGTON (Reuters) -A powerful national security panel was divided in its recommendation to President Donald Trump on…
Google faces DOJ probe over Character.AI deal, Bloomberg Law reports
(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows…
Ackman’s hedge fund Pershing Square bets on Amazon, exits Canadian Pacific
By Svea Herbst-Bayliss NEW YORK (Reuters) -Billionaire investor Bill Ackman told clients on Thursday that his hedge fund bought Amazon…
Gold players keep faith despite trade truce-induced correction
By Brijesh Patel (Reuters) – Gold prices have fallen almost 10% from a record high just above $3,500 per ounce…
‘Big Short’ investor Michael Burry doubles stake in cosmetics maker Estee Lauder
By Anuja Bharat Mistry (Reuters) -Michael Burry’s Scion Asset Management has doubled its stake in Estee Lauder, at a time…