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Musk’s X to open source new algorithm in seven days

Jan 10 (Reuters) - Elon Musk said on Saturday that social media platform X will open to the public its new algorithm, including all code for organic and advertising post recommendations, in seven days. "This will be repeated every 4 weeks, with comprehensive developer notes, ...
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Exclusive-US may lift more Venezuela sanctions next week, Bessent says

By David Lawder SAVAGE, Minnesota, Jan 10 (Reuters) - U.S. Treasury Secretary Scott Bessent has told Reuters that additional U.S. sanctions on Venezuela could be lifted as soon as next week to facilitate oil sales, and that he will also meet next week with the ...
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Rio Tinto’s bid for Glencore piles pressure on BHP 

By Anousha Sakoui, Clara Denina, Melanie Burton and Amy-Jo Crowley LONDON, Jan 9 (Reuters) - Rio Tinto's talks to buy Glencore and create a new global industry leader could spur consolidation efforts across the copper-hungry mining sector and heap pressure on BHP, currently the ...
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Protests in Iran near the 2-week mark as authorities intensify crackdown on demonstrators

DUBAI, United Arab Emirates (AP) - Protests sweeping across Iran neared the two-week mark Saturday, with the country's government acknowledging the ongoing demonstrations despite an intensifying crackdown and as the Islamic Republic remains cut off from the rest of the world. With the internet ...
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China is closing in on US technology lead despite constraints, AI researchers say

By Laurie Chen BEIJING, Jan 10 (Reuters) - China can narrow its technological gap with the U.S. driven by growing risk-taking and innovation, though the lack of advanced chipmaking tools is hobbling the sector, the country's leading artificial intelligence researchers said on Saturday. China's so-called ...
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Trump pushes a 1-year, 10% cap on credit card interest rates and banks balk

NEW YORK (AP) - Reviving a campaign pledge, President Donald Trump wants a one-year, 10% cap on credit card interest rates, a move that could save Americans tens of billions of dollars but drew immediate opposition from an industry that has been in his ...
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How the US could take over Greenland and the potential challenges

U.S. President Donald Trump wants to own Greenland. He has repeatedly said the United States must take control of the strategically located and mineral-rich island, which is a semiautonomous region that's part of NATO ally Denmark. Officials from Denmark, Greenland and the United States met ...
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Bessent: Goal of MBS buys is to match Fed run-off

By David Lawder SAVAGE, Minnesota, Jan 9 (Reuters) - U.S. Treasury Secretary Scott Bessent on Friday said the goal of the Trump administration's launch of mortgage-backed securities purchases is to roughly match the rate at which those bonds are rolling off the Federal Reserve's balance ...
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Walmart to replace Astrazeneca on Nasdaq-100 on Jan 20

Jan 9 (Reuters) - Walmart will replace British drugmaker AstraZeneca in the Nasdaq-100 Index on January 20, the exchange operator said on Friday. The retail giant said in November it would shift its longtime listing on the New York Stock Exchange to its main rival. Companies ...
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New York attorney general sues Trump administration over offshore wind project freeze

NEW YORK (AP) - New York's attorney general sued the Trump administration on Friday over its decision to halt two major offshore wind projects expected to power more than 1 million homes in the state. State Attorney General Letitia James said in legal challenges filed ...
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Could Trump bring down home prices by banning Wall Street ownership?

(WASHINGTON) -- President Donald Trump this week issued an attention-grabbing proposal cracking down on Wall Street in an effort to lower home prices and ease affordability woes.In a social media post, Trump said he would move to ban large institutional investors from "buying more ...
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Treasury notifies some businesses amid Minnesota fraud probe, Bessent says

LE SUEUR, Minnesota, Jan 9 (Reuters) - The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has notified some businesses that they are under investigation for alleged fraud involving COVID-era tax incentives, U.S. Treasury Secretary Scott Bessent said Friday. Bessent declined to identify the businesses ...
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