Big Oil earnings show split in production strategy, shareholder returns
By Sheila Dang and Shadia Nasralla HOUSTON/LONDON (Reuters) -Big Oil’s first-quarter earnings have shown a clear split in how companies…
Trump officials explore challenging tax-exempt status of nonprofits, WSJ reports
(Reuters) -Officials in U.S. President Donald Trump’s administration are exploring ways of challenging the tax-exempt status of nonprofits, the Wall…
Berkshire shareholders head to Buffett’s 60th annual meeting, economy top of mind
By Jonathan Stempel OMAHA (Reuters) -Warren Buffett is set to preside over Berkshire Hathaway’s annual meeting on Saturday, with investors…
Nvidia is working on China-tailored chips again after US export ban, The Information reports
(Reuters) – Nvidia has told some of its biggest Chinese customers that it is tweaking the design of its artificial…
Trump turns to US Supreme Court in bid to allow DOGE to access Social Security data
WASHINGTON (Reuters) – President Donald Trump’s administration asked the U.S. Supreme Court on Friday to intervene in its bid to…
Goldman Sachs sees 410,000-bpd hike in OPEC+ June supply
(Reuters) – Goldman Sachs on Friday said it expects OPEC+ to announce a second consecutive increase in supply for June…
US FDA accepts Novo Nordisk’s application for oral Wegovy for weight loss
(Reuters) -The U.S. Food and Drug Administration has accepted Novo Nordisk’s marketing application for an oral version of its weight-loss…
Exclusive-UN eyes major overhaul amid funding crisis, internal memo shows
By Emma Farge and John Shiffman GENEVA/UNITED NATIONS (Reuters) -The United Nations is considering a massive overhaul that would merge…
Amazon cloud revenue, income forecast disappoint, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com on Thursday reported first-quarter cloud revenue growth and forecast operating income…
Nvidia raised concerns about Huawei’s growing AI capabilities with US lawmakers
By Stephen Nellis SAN FRANCISCO (Reuters) -Nvidia CEO Jensen Huang discussed concerns about Huawei Technologies Co.’s growing artificial intelligence capabilities…