By Timothy Gardner WASHINGTON (Reuters) – The United States could revive some of its recently retired nuclear power plants to help meet rising demand for zero-emissions electricity, or add reactors to existing sites, Energy Secretary Jennifer Granholm said in an interview. The administration of President Joe Biden believes nuclear power is critical to meeting greenhouse…
FRANKFURT (Reuters) -Porsche on Friday reported a 30% drop in first-quarter operating profit, citing higher investments in what the German luxury carmaker has called its biggest year of product launches in history. Operating profit in the first three months of 2024 came in at 1.28 billion euros ($1.37 billion), in line with an LSEG estimate,…
By Arsheeya Bajwa TAIPEI (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its plan to develop AI chips over the next two years in a bid to challenge industry leader Nvidia. At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which…
By Kanchana Chakravarty and Arsheeya Bajwa (Reuters) -Salesforce shares slumped about 18% on Thursday, after its lowest-ever quarterly revenue growth forecast raised fears that high interest rates and rival AI offerings were hampering demand at the cloud-based software firm. The company could lose more than $48 billion in market value if losses hold, as it…
By Brendan Pierson (Reuters) -A federal judge has struck down parts of a North Carolina law restricting patients’ access to the abortion pill mifepristone, which has become the subject of legal battles nationwide. Chief U.S. District Judge Catherine Eagles on Tuesday struck down the state’s requirements that mifepristone be prescribed only by doctors and only…
(Reuters) -Photoshop maker Adobe raised its revenue forecast for fiscal 2024 on Thursday as more businesses and consumers take to its artificial intelligence-powered editing tools amid signs of an easing economy. Shares of the San Jose, California-based company jumped 14% in extended trading. The company now expects revenue of between $21.40 billion and $21.50 billion,…
(This story contains strong language in paragraph 17) By Helen Coster, Gram Slattery and Alexandra Ulmer NEW YORK (Reuters) – Donald Trump stared down a bank of cameras inside Trump Tower on Friday and delivered a message fitting for both his legal and political battles: He is ready to fight. A day after a New…
By Chuck Mikolajczak and Lewis Krauskopf NEW YORK (Reuters) – Investors are gearing up for the final reconstitution of the benchmark indexes by FTSE Russell on Friday, with the furious rally in artificial intelligence (AI) related stocks over the past year expected to leave an outsized imprint on their final shape. The Russell Reconstitution, an…
By Alexandra Valencia QUITO (Reuters) -Former Ecuadorean Vice President Jorge Glas is back in prison in the city of Guayaquil after being discharged from the hospital and is in acceptable health, the SNAI prisons agency said on Tuesday. Glas, already twice convicted of corruption and now facing fresh charges, was arrested on Friday after a…
Gran Tierra Energy Inc. ( “Gran Tierra” or the “Company” ) ( NYSE:GTE ) ( TSX:GTE ) ( LSE:GTE ) announces that the Company will release its 2025…
