By Mike Stone WASHINGTON (Reuters) -Desperate to address surging demand for solid fuel rocket engines, the Pentagon is close to giving a contract for new motors to the untested, privately held startup Ursa Major, according to two sources familiar with…
By Carolina Mandl, Amruta Khandekar and Ankika Biswas (Reuters) -U.S. stocks fell on Friday with the Nasdaq showing the largest decline after a hotter-than-expected producer prices report eroded hopes for imminent interest rate cuts by the Federal Reserve. A Labor…
By Caroline Valetkevitch NEW YORK (Reuters) -U.S. Treasury yields rose and the dollar edged up against the yen on Friday after data showed U.S. producer prices increased more than expected in January, adding to the view that any interest rate…
By Jarrett Renshaw (Reuters) - U.S. Senator Joe Manchin, a centrist Democrat from West Virginia, announced on Friday that he will not run for president after months of flirting with a campaign that threatened to complicate the 2024 presidential race.…
By Lananh Nguyen (Reuters) -Goldman Sachs CEO David Solomon was awarded $31 million in compensation for 2023, up 24% from $25 million in 2022, the company said in a filing on Friday. Solomon's pay comprises a $2 million base salary,…
(Reuters) -OpenAI CEO Sam Altman is working to secure approval from the U.S. government for his new AI chips venture, which could potentially raise national security and antitrust concerns, Bloomberg News reported on Friday. Altman, who is reportedly working on…
By Gram Slattery WASHINGTON (Reuters) -Republican presidential contender Nikki Haley slammed Donald Trump on Friday for maintaining an amiable relationship with Vladimir Putin, after Russian officials said opposition leader Alexei Navalny died in a prison colony on Friday. "Donald Trump…
(Reuters) -Applied Materials shares jumped 8% to hit an all-time high on Friday after the semiconductor equipment supplier forecast a better-than-expected second quarter on strong demand from customers looking to make AI-enabled chips. The outlook was also supported by improvement…
By Luc Cohen and Jack Queen NEW YORK (Reuters) -Donald Trump will become the first former U.S. president to stand trial on criminal charges after a New York judge on Thursday set a March 25 trial date and denied his…
WASHINGTON (Reuters) -The Federal Aviation Administration's top official said on Thursday he will discuss Boeing's quality control and manufacturing practices at a Washington meeting with company executives, after a panel blew out of a 737 MAX plane in flight in…