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Apple teams up with TuneIn to boost radio features amid streaming competition

(Reuters) -Apple will distribute its curated radio stations on a global network of devices, including speakers, headphones and cars, through a partnership with TuneIn, the digital radio platform said on Wednesday. The Cupertino, California-based technology giant’s six radio stations will be available outside its app for the first time on TuneIn to its 75 million …

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Rio Tinto’s new CEO Trott announces three-unit revamp

By Clara Denina and Melanie Burton LONDON/MELBOURNE (Reuters) -Rio Tinto’s new CEO Simon Trott made public his first strategic shift on Wednesday, three days after being appointed, saying he would divide the miner into three core business units to focus on its most profitable assets. As part of the revamp, effective from Wednesday, the Anglo-Australian …

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Fed’s Williams says needs to see how data play out to consider September cut – CNBC

WASHINGTON (Reuters) -New York Federal Reserve Bank President John Williams said on Wednesday it is likely interest rates can fall at some point but policymakers will need to see what upcoming data indicate about the economy to decide if it’s appropriate to make a cut at the September 16-17 meeting. “Every meeting is, from my …

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T-Mobile bets on ‘SuperMobile’ plan to attract business customers

By Harshita Mary Varghese -U.S. wireless network provider T-Mobile on Wednesday unveiled its new “SuperMobile” plan, which offers satellite connectivity and minimized latency, as it looks to add enterprise clients. WHY IT’S IMPORTANT The launch introduces a new approach to business mobile plans by integrating network slicing, which ensures data moves faster and more reliably …

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US not eyeing stake in Nvidia, Treasury Secretary Bessent says

WASHINGTON (Reuters) -A U.S. stake in chipmaker Nvidia is “not on the table” Treasury Secretary Scott Bessent said on Wednesday. “I don’t think Nvidia needs financial support, so that seems not on the table right now,” he said in an interview on Fox Business’ “Mornings with Maria” program. Bessent raised the possibility that the administration …

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Jeff Hildebrand’s Harvest Midstream to buy some MPLX pipeline assets for $1 billion

By David French (Reuters) -Harvest Midstream, owned by the founder of privately held Hilcorp Energy, has agreed a deal to acquire $1 billion worth of natural gas gathering and processing assets from MPLX, the companies said on Wednesday. Houston-based Harvest holds midstream assets in multiple oil and gas plays, notably in Alaska and the Bakken …

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Dominant AI trade confronts test as bellwether Nvidia reports earnings

By Lewis Krauskopf NEW YORK (Reuters) -The artificial intelligence theme that has propelled markets over the past couple years faces a crucial moment on Wednesday, when bellwether Nvidia Corp reports its second-quarter results. Technology shares, including a number of signature stocks in the AI trade, have wobbled this month with investors pointing to some signs …

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Ford to recall more than 355,000 trucks over instrument panel issue, NHTSA says

(Reuters) -Ford Motor Company is recalling more than 355,000 trucks in the U.S over a issue with the instrument panel display, the National Highway Traffic Safety Administration said on Wednesday. The recall affects certain Ford 2025-2026 models – F-550 SD, F-450 SD, F-350 SD, and F-250 SD – and the 2025 F-150. The instrument panel …

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Canada Goose gets take-private bids valuing it at about $1.4 billion, CNBC says

(Reuters) -Canada Goose’s controlling shareholder Bain Capital has received bids to take the luxury goods maker private at a valuation of about $1.4 billion, CNBC reported late on Tuesday, citing people familiar with the matter. Private equity firm Bain, which acquired a majority stake in Canada Goose in 2013, is looking to offload its holding …

Canada Goose gets take-private bids valuing it at about $1.4 billion, CNBC says Read More »

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