NEW YORK (Reuters) – FIFA and Netflix have signed a deal to broadcast the 2027 and 2031 editions of the Women’s World Cup in the United States, world soccer’s governing body said on Friday. FIFA said the Women’s World Cup will be the first competition to be acquired in full by Netflix and U.S.-based fans …
Soccer-Netflix inks US broadcast deal with FIFA for 2027 and 2031 women’s World Cups Read More »
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s resilience, which saw the Federal Reserve this week projecting fewer interest rate cuts in 2025 than it had in September. There was also good news on inflation last month after a …
US consumer spending solid; inflation showing progress as year ends Read More »
(Reuters) – U.S. companies borrowed 8.7% more to finance equipment investments in November compared with the same period a year earlier, the Equipment Leasing and Finance Association said on Friday. New loans, leases and lines of credit signed up by companies in November rose to $10.36 billion, from $9.53 billion in the year-ago period. The …
US business equipment borrowings up more than 8% y/y in November, ELFA says Read More »
(Reuters) – OpenAI said on Friday it was testing new reasoning AI models, o3 and o3 mini, in a sign of growing competition with rivals such as Google to create smarter models capable of tackling complex problems. CEO Sam Altman said the AI startup plans to launch o3 mini by the end of January, and …
OpenAI unveils ‘o3’ reasoning AI models in test phase Read More »
By Abhijith Ganapavaram (Reuters) -FedEx’s decision to spin off its freight trucking unit will strengthen that business while allowing the parcel delivery giant to better tackle challenges in its core operations, analysts said on Friday. FedEx shares eked out a less than 1% gain in early-afternoon trading on Friday after the bellwether for global trade …
FedEx’s trucking spin-off plan to fortify core business, boost industry Read More »
By Manya Saini, Pete Schroeder and Niket Nishant (Reuters) -The U.S. Consumer Financial Protection Bureau said on Friday it filed a lawsuit against JPMorgan Chase, Bank of America and Wells Fargo for failing to protect consumers from alleged “widespread fraud” on payments platform Zelle. The lawsuit was initiated as the watchdog moves ahead with a …
US consumer watchdog sues big banks over ‘widespread’ fraud on Zelle payment app Read More »
By Laila Kearney NEW YORK (Reuters) – U.S. data-center power demand could nearly triple in the next three years, and consume as much as 12% of the country’s electricity, as the industry undergoes an artificial-intelligence transformation, according to a Department of Energy-backed study that was first reported by Reuters on Friday. The Lawrence Berkeley National …
US data-center power use could nearly triple by 2028, DOE-backed report says Read More »
By Scott DiSavino (Reuters) -U.S. energy firms this week kept the number of oil and natural gas rigs unchanged for the second week in a row, energy services firm Baker Hughes said in its closely followed report on Friday. The oil and gas rig count, an early indicator of future output, remained at 589 in …
US drillers keep oil and natgas rigs unchanged for second week – Baker Hughes Read More »
By Maggie Fick and Jacob Gronholt-Pedersen LONDON/COPENHAGEN (Reuters) -Novo Nordisk on Friday revealed disappointing results in a late-stage trial for its experimental next-generation obesity drug CagriSema, wiping as much as $125 billion off its market value. The lower-than-expected weight loss from the drug candidate deals a blow to the Danish company’s ambitions for a successor …
Novo Nordisk shares plunge after CagriSema obesity drug trial disappoints Read More »
By Georgina McCartney HOUSTON (Reuters) – Upstream oil companies wound down hiring in November, the Texas Independent Producers and Royalty Owners Association (TIPRO) said on Friday, ending five straight months of job growth. WHY IT’S IMPORTANT Hiring in the upstream sector, which includes activities related to drilling and producing oil, can serve as an indicator …
Upstream jobs in Texas oil slipped in Nov, industry group says Read More »
