Author Archives: Syndicated Content
New Cadence supercomputers aim to speed creation of chips, software
By Stephen Nellis (Reuters) - Cadence Design Systems on Wednesday introduced the latest version of supercomputer based around a custom computing chip designed to speed up the creation of other computi...
Apr 17, 2024
Crown Castle beats site rental revenue estimates on steady demand
(Reuters) - Wireless tower operator Crown Castle beat Wall Street estimates for first-quarter site rental revenue on Wednesday, helped by steady demand for its wireless infrastructure services. The re...
Apr 17, 2024
Stock correlations tick up as Wall Street extends declines
By Saqib Iqbal Ahmed NEW YORK (Reuters) - A stock market correlation index hit a near four-month high on Wednesday, signaling that investors expect stock market gyrations to tick up in coming days. Wi...
Apr 17, 2024
Yellen calls Republican delays in approving Ukraine aid inexcusable
By Andrea Shalal and David Lawder WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Wednesday underscored the Biden administration's commitment to provide Ukraine with the budgetary and m...
Apr 17, 2024
US watchdog to look into FAA's oversight of Boeing 737, 787 manufacturing, Semafor reports
(Reuters) - The U.S. Department of Transportation's watchdog is looking into the Federal Aviation Administration's oversight of Boeing's manufacturing of 737s and 787s, Semafor reported on Wednesday. ...
Apr 17, 2024
Kinder Morgan meets profit estimates on strength in natural gas pipeline segment
(Reuters) - Pipeline and terminal operator Kinder Morgan on Wednesday reaffirmed its annual profit outlook and said it expects demand for natural gas to grow substantially between now and 2030. The co...
Apr 17, 2024
Scotland to ditch 2030 greenhouse gas reduction target, says BBC report
LONDON (Reuters) - Scotland's devolved government will abandon its target to cut greenhouse gas emissions by 75% by 2030, the BBC reported on Wednesday, adding that Scotland would keep a separate goal...
Apr 17, 2024
Biden promises U.S. Steel will remain an American company
By Steve Holland PITTSBURGH (Reuters) -President Joe Biden on Wednesday pledged that U.S. Steel would remain a "totally American company," during remarks to steelworkers at an event in Pittsburgh. "An...
Apr 17, 2024
Rivian cuts 1% of workforce in second round of layoffs this year
SAN FRANCISCO (Reuters) -Electric vehicle maker Rivian said on Wednesday it cut about 1% of its workforce - the second round of job cut this year - as it reduces cost amid a broader slowdown in EV dem...
Apr 17, 2024
NY Fed sees more time needed to shrink central bank holdings
By Michael S. Derby NEW YORK (Reuters) - The Federal Reserve's effort to contract its balance sheet will likely run into 2025 before the process ends, with the endgame dependent on the financial syste...
Apr 17, 2024
