(Reuters) -OpenAI has signed a contract to purchase $300 billion in computing power over roughly five years from Oracle, among biggest in history, the Wall Street Journal reported on Wednesday. (Reporting by Juby Babu in Mexico City)
By Jody Godoy (Reuters) – Republican U.S. Senator Ted Cruz introduced a bill on Wednesday that would let artificial intelligence companies apply for exemptions from federal regulation to help them experiment in developing new technology. Cruz leads the Senate Commerce Committee, which held a subcommittee hearing on Wednesday about ways Congress can lower regulatory hurdles …
US Senator Cruz proposes AI ‘sandbox’ to ease regulations on tech companies Read More »
(Reuters) -Federal Trade Commission Chairman Andrew Ferguson has sent letters to several large healthcare employers and staffing companies to conduct a comprehensive review of their employment agreements including non-compete agreements, the regulator said in a statement on Wednesday. “We strongly encourage all employers – not just those receiving letters today – to review their contracts …
(Reuters) – Trump Media and Technology Group announced the filing for five new exchange-traded funds with the U.S. Securities and Exchange Commission on Wednesday. These filings, made on behalf of Trump Media by Yorkville America Equities, add to the requisitions earlier in the year for ETFs that track digital assets such as bitcoin and ethereum. …
Trump Media and Technology seeks SEC approval for five new ETFs Read More »
By Sriparna Roy (Reuters) -Cigna said on Wednesday the percentage of employers paying for obesity drugs has remained flat year-over-year, though the health insurer still sees an uptick in demand for the wildly popular treatments. More than 50% of its Evernorth unit’s clients, a group that includes large employers and health plans, cover the drugs …
Rate of employers covering weight-loss drugs is flat, Cigna says Read More »
By AJ Vicens (Reuters) -U.S. Democratic Senator Ron Wyden on Wednesday requested the Federal Trade Commission “investigate and hold Microsoft responsible” for its role in a string of high-profile cybersecurity incidents in recent years, saying the company’s approach to security “continues to threaten U.S. national security.” Wyden wrote in a September 10 letter to FTC …
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Investors are cautiously approaching the U.S. Treasury’s sale of $22 billion in 30-year bonds on Thursday after an underwhelming auction last month that had some of the weakest demand metrics of 2025, though some believe it could be different this time. The auction size is $3 billion smaller …
Investors wary of Treasury’s 30-year bond auction after recent disappointments Read More »
By Daniel Wiessner (Reuters) – President Donald Trump’s administration on Wednesday moved quickly to appeal a federal judge’s ruling temporarily blocking Trump from taking the unprecedented step of firing Federal Reserve Governor Lisa Cook, as it aims to be able to remove her before the U.S. central bank’s interest-rate-setting meeting next week. The U.S. Department …
Trump administration appeals ruling blocking removal of Fed Governor Cook Read More »
By Tatiana Bautzer NEW YORK (Reuters) -Morgan Stanley co-president Dan Simkowitz said on Tuesday there is “dramatic improvement” on the deals outlook, not just compared with the months where tariff volatility froze discussions, but considering a longer period in the decade. Simkowitz said at a banking conference that companies are gaining confidence in reacting to …
Morgan Stanley co-president sees dramatic improvement in deals outlook Read More »
(Reuters) – U.S. energy infrastructure company Glenfarne said on Wednesday its unit struck a 20-year deal to sell liquefied natural gas to trading firm Gunvor, moving its planned Brownsville export project in Texas closer to a final investment decision. The deal covers 0.5 million tonnes per annum of LNG on a free-on-board basis and converts …
Glenfarne, Gunvor sign 20-year LNG supply deal as project nears investment decision Read More »
