Reuters US Business

By Tim McLaughlin BOSTON (Reuters) -Data Center Alley, a 30-square-mile stretch outside Washington D.C. and home to more than 200 data centers, consumes roughly the same electricity as Boston. So power company officials were alarmed when a big chunk of those centers – 60 of them – suddenly dropped off the grid one day last …

Big Tech’s data center boom poses new risk to US grid operators Read More »

By Nathan Gomes and Akash Sriram (Reuters) – Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai and Kia, bolstered anti-theft measures, while easing supply chain constraints made stealing vehicles for parts less lucrative. Hyundai and Kia cars topped the list of the most stolen vehicles …

Hyundai, Kia’s anti-theft measures fuel steep dip in US vehicle thefts Read More »

By Stephen Nellis SAN JOSE, California (Reuters) – Nvidia CEO Jensen Huang believes humanoid robots are less than five years away from seeing wide use in manufacturing facilities. Huang on Tuesday gave a keynote address in front of a packed hockey stadium during the nearly $3 trillion company’s annual developer conference in San Jose, California. …

Nvidia CEO: Humanoid robot revolution is closer than you think Read More »

By Jack Queen (Reuters) – Greenpeace must pay a Texas-based pipeline company nearly $667 million in damages for the environmental advocacy group’s role in 2016-2017 protests against the Dakota Access Pipeline in North Dakota, a jury said Wednesday. The verdict in North Dakota state court came after two days of deliberations in a trial where …

Greenpeace must pay pipeline company nearly $667 million over Standing Rock protests, jury says Read More »

By Jonathan Stempel and Jessica DiNapoli NEW YORK (Reuters) -Ben & Jerry’s accused its parent company, Unilever, of deciding to oust the ice cream maker’s chief executive Dave Stever because he let it speak out on social policy issues, escalating a battle over the subsidiary’s independence. In a Tuesday night filing in Manhattan federal court, …

Ben & Jerry’s says Unilever ousting ice cream maker’s CEO over social activism Read More »

By David Thomas (Reuters) -A client of Paul Weiss has fired the U.S. law firm in a criminal case in New Jersey, citing U.S. President Donald Trump’s executive order that targeted the firm over its political clients and its internal diversity policies. Paul Weiss said in a New Jersey federal court filing on Wednesday that …

US law firm Paul Weiss fired by client over Trump executive order Read More »

By Nicole Jao and Shariq Khan NEW YORK (Reuters) -Top U.S. oil major ExxonMobil asked regulators to block changes proposed by the Colonial Pipeline to its fuel shipping terms, citing potential harm to shippers and consumers, a filing with the Federal Energy Regulatory Commission (FERC) showed. The Colonial Pipeline, a key 5,500-mile (8,851 km) artery …

Exxon challenges Colonial Pipeline on proposed changes to fuel shipping terms Read More »

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rallied on Wednesday after the Federal Reserve kept rates unchanged as widely expected, and the central bank and investors continue to gauge how President Donald Trump’s tariff policies affect the economy and inflation. The central bank kept its benchmark overnight interest rate unchanged in the 4.25%-4.50% range, …

Wall Street rallies after Fed keeps rates unchanged Read More »

By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s economy grew faster than forecast in the fourth quarter, dragging the economy out of recession, but the improvement is not expected to change the central bank’s planned official cash rate cuts. Government data released on Thursday showed gross domestic product rose 0.7% in the December quarter from …

New Zealand exits recession as fourth-quarter growth beats forecasts Read More »