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ASML tops $500 billion market cap as TSMC results ignite semis rally

Jan 15 - Shares in ASML surged to a new all-time high on Thursday, pushing its market capitalisation past the $500 billion milestone and cementing its lead as Europe's most valuable company. The surge in the Dutch chipmaking equipment manufacturer was fuelled by TSMC's blockbuster ...
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Wikipedia unveils new AI licensing deals as it marks 25th birthday

LONDON (AP) - Wikipedia unveiled new business deals with a slew of artificial intelligence companies on Thursday as it marked its 25th anniversary. The online crowdsourced encyclopedia revealed that it has signed licensing deals with AI companies including Amazon, Meta Platforms, Perplexity, Microsoft and ...
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Canadian home sales fall 1.9% in 2025 on tariff shock

TORONTO, Jan 15 (Reuters) - Canadian home sales posted an annual decline last year as sales and prices fell in December, data from the Canadian Real Estate Association showed on Thursday. Home sales fell 2.7% in December from November, while they were down 4.5% year-over-year ...
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Verizon outage affecting thousands of customers

(NEW YORK) -- Some Verizon customers were experiencing a service outage on Wednesday afternoon, according to the company.Verizon said it was not immediately clear how long the service would be down."We are aware of an issue impacting wireless voice and data services for some ...
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Recalled Super Greens diet supplement powder sickens 45 with salmonella

At least 45 people in nearly two dozen states have been sickened with salmonella food poisoning tied to the Super Greens brand of diet supplement powder, federal health officials said Wednesday. Superfoods Inc., which makes Live it Up-brand Super Greens powder, recalled products including ...
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Global trade finance gap at $2.5 trillion as global trade tensions rise, ADB says

SINGAPORE, Jan 15 (Reuters) - Financial institutions globally failed to meet $2.5 trillion in financing that companies needed for trade last year, holding back the global economy, according to a new survey by the Asian Development Bank. Though the figure was unchanged since the last ...
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Trading Day: Hard assets hit new highs

By Jamie McGeever ORLANDO, Florida, Jan 14 (Reuters) - Rising geopolitical tensions centering on Iran and the U.S. loomed large over world markets on Wednesday, overshadowing strong U.S. retail sales figures to push Wall Street lower, lift oil prices and send gold and other metals ...
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Interactive Brokers says betting on US midterm elections should juice growth of its platform

By Anirban Sen NEW YORK, Jan 14 (Reuters) - As Americans bet on U.S. midterm elections in November, Interactive Brokers founder and Chairman Thomas Peterffy said he expects growth to accelerate this year for the prediction markets platform his company launched in 2024. The online brokerage ...
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Luxury retailer Saks leans on real-estate rights to keep doors open during bankruptcy

By Juveria Tabassum Jan 14 (Reuters) - Saks Global's prime real estate portfolio could serve as a crucial bargaining chip with lenders as the hard-hit luxury shopping empire navigates its restructuring after filing for bankruptcy. The upmarket U.S. department store conglomerate filed for Chapter 11 bankruptcy ...
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Bilt’s new credit cards will feature 10% interest rate, meeting bipartisan call for lower card rates

NEW YORK (AP) - Fintech giant Bilt announced an overhaul of its credit cards on Wednesday, which notably will include an introductory rate on all card users' interest rates at 10% for one year. The promotion comes at a time of heightened political rhetoric around ...
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Big banks report soaring profits amid tensions with Trump over credit card interest rates

NEW YORK (AP) - Setting aside their current fight with the White House, things are looking good on Wall Street. The latest trio of big banks reported their results Wednesday - Bank of America, Citigroup and Wells Fargo - and while each of them do ...
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2025 US home sales stuck at 30-year low as mortgage rates, prices weighed on market

The U.S. housing market slump dragged into its fourth year in 2025 as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers out of the market. Sales of previously occupied U.S. homes totaled 4.06 ...
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