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Nvidia defies AI bubble fears but some analysts remain worried

(NEW YORK) -- Blockbuster earnings from chip giant Nvidia this week appeared to rebuke concerns about an artificial-intelligence bubble, briefly ending a days-long slump in the stock market."It's fair to say that Nvidia's results have completely changed the market mood and pushed out any ...
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Fed’s Collins: Monetary policy currently in right place, hesitant about cutting rates

By Michael S. Derby BOSTON (Reuters) -Federal Reserve Bank of Boston President Susan Collins said Saturday that she's still leaning against the U.S. central bank cutting its interest rate target next month as it faces ongoing risks to both its inflation and job mandates. ...
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US tariff cut to 15% for Switzerland could take effect early December, says economy minister

GENEVA (Reuters) -The United States' general tariff of 39% on imports from Switzerland could be cut to 15% from early December, Swiss Economy Minister Guy Parmelin told the broadcaster SRF in an interview aired on Saturday. "In Switzerland, we are ready. It takes a bit ...
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Analysis-US government pullback from climate science fuels boom for private data firms

By Katy Daigle and Simon Jessop BELEM, Brazil (Reuters) -A British real estate manager overseeing 26 billion euros ($29.93 billion) in assets and concerned about flood, fire and other climate-related risks to its properties sought help from Climate X, a data analytics firm based in ...
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Britain’s Daily Mail publisher enters exclusive talks to buy Telegraph Media Group for $654 million

LONDON (AP) - The publisher of Britain's Daily Mail has entered exclusive talks to buy Telegraph Media Group in a deal that would link two news groups that have traditionally supported the right-leaning Conservative Party. Daily Mail and General Trust plc said on Saturday that ...
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IPO market’s red-hot year has been cooled by the shutdown and more caution among investors

NEW YORK (AP) - A strong year for initial public offerings on Wall Street has fizzled out due to the government shutdown and a cautious turn by investors. Many IPOs targeted for the end of this year will likely be pushed into next year as ...
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Babies who drank ByHeart formula got sick months before botulism outbreak, parents say

As health officials investigate more than 30 cases of infant botulism linked to ByHeart baby formula since August, parents who say their children were sickened with the same illness months before the current outbreak are demanding answers, too. California public health officials confirmed late Friday ...
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Caesars Palace fined $7.8M over gambling by bookmaker linked to Ohtani’s interpreter

Nevada gaming regulators voted to fine Caesars Palace $7.8 million Thursday over failing to comply with anti-money laundering rules, settling a case that centered on an illegal bookmaker with ties to the former interpreter for the baseball star Shohei Ohtani. The Nevada Gaming Control ...
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Bill Ackman eyes IPO of hedge fund Pershing in early 2026, FT reports

(Reuters) -Billionaire investor Bill Ackman is aiming to publicly list hedge fund company, Pershing Square Capital Management, early next year, the Financial Times reported on Friday, citing two people briefed on the matter. The move would mark a significant milestone for the activist investor whose ...
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Fiery UPS plane crash could spell the end for MD-11 fleet if the repairs prove too costly

The fiery crash of a UPS plane shortly after its left engine flew off its wing and sparked a massive fire during takeoff could spell the end of the 109 remaining MD-11 airliners that have been exclusively hauling cargo for more than a decade. The ...
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More swings hit Wall Street, but this time stocks finish higher

NEW YORK (AP) - More swings hit Wall Street on Friday, except the U.S. stock market finished higher this time. After bobbing up and down through the morning, the S&P 500 took off and rallied nearly 2% before finishing with a gain of 1%. The ...
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Trump signs proclamation to ease regulations on some coke oven processing plants

(Reuters) -U.S. President Donald Trump signed a proclamation on Friday to ease regulatory requirements on certain coke oven processing plants, the White House said. Coke ovens are manufacturing plants or blast furnaces for making coking coal, a key raw material in steelmaking. The proclamation gives some ...
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