(Reuters) -The U.S. Food and Drug Administration on Thursday announced a new program to speed up construction and review of…
Global M&A hits $2.6 trillion peak year-to-date, boosted by AI and quest for growth
By Emma-Victoria Farr and Amy-Jo Crowley LONDON (Reuters) – Global dealmaking has reached $2.6 trillion, the highest for the first…
Tower Semiconductor forecasts quarterly revenue above estimates on steady chip demand
(Reuters) -Israeli contract chipmaker Tower Semiconductor forecast third-quarter revenue above Wall Street expectations on Monday, driven by steady demand for…
Google agrees to curb power use for AI data centers to ease strain on US grid when demand surges
By Laila Kearney NEW YORK, August 4 (Reuters) -Google has signed agreements with two U.S. electric utilities to reduce its…
Broadcom launches Jericho chip to advance AI data center networks
By Max A. Cherney SAN FRANCISCO (Reuters) -Broadcom’s silicon division launched its next-generation Jericho networking chip on Monday, which is…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
US House poised to send stablecoin bill to Trump after ‘crypto week’ drama
(Reuters) -The U.S. House of Representatives appeared poised to pass key crypto legislation on Thursday, including the creation of a…
Coke’s shift to cane sugar would be expensive, hurt US farmers
By Marcelo Teixeira, Karl Plume and Renee Hickman NEW YORK (Reuters) -A possible move by Coca-Cola , and other beverage…
OpenAI unveils ChatGPT agent to handle tasks as AI apps evolve
(Reuters) -OpenAI launched an artificial intelligence agent for its popular chatbot ChatGPT on Thursday that can complete complex tasks as…
‘Squid Game’ boosts Netflix quarter, company raises revenue guidance
By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -The final season of global phenomenon “Squid Game” helped Netflix beat…