By Doina Chiacu WASHINGTON (Reuters) -Two conservative operatives who launched a robocall campaign designed to prevent Black New Yorkers from voting by mail in the 2020 U.S. election will pay $1.25 million in a settlement, New York state Attorney General Letitia James said on Tuesday. Jacob Wohl and Jack Burkman were found liable by a…
By Gabriella Borter, Joseph Ax and Andrew Hay WASHINGTON (Reuters) -Weeks after attending a pro-Palestinian demonstration, Egyptian-American student Layla Sayed received a text message from a friend drawing her attention to a website dedicated to exposing people it says promote hatred of Jews and Israel. “I think they found you from the protest,” the friend…
NEW YORK (Reuters) – BMO Capital Markets on Thursday said it was raising its S&P 500 target for 2024 to 6,100 from 5,600. The benchmark index was last at 5,720, up 1.8% on the day, following Wednesday’s Federal Reserve decision to kick off its monetary easing cycle with half-a-percentage point reduction. “Much like our last…
By Aditya Soni (Reuters) – Microsoft investors will have one big question when the tech giant reports earnings on Tuesday: has growth in its Azure cloud-computing business picked up enough to justify the billions of dollars being spent on artificial intelligence infrastructure? Widely seen as the front-runner in the race to make money from AI,…
WASHINGTON (Reuters) – U.S. President Joe Biden vowed to stay in the presidential race on Monday, saying he is confident the average voter still wants him on the Democratic ticket. “I am not going anywhere,” Biden told MSNBC after calling into the network’s Morning Joe program. He urged anyone who wants him to step aside…
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Elon Musk is offering factory tours to 15 Tesla shareholders who vote on his $56 billion pay package at the upcoming meeting, the latest effort by the electric vehicle maker to rally votes for the compensation after a court struck it down. The upcoming vote is seen as…
(Reuters) -Dell Technologies beat Wall Street estimates for first-quarter revenue on Thursday, ending a streak of six-quarters of decline, but its results fail to impress investors, sending its shares down more than 13% in extended trading. A surge in demand for high-performance computing and large-scale data centers to support growing adoption of generative AI has…
By Moayed Kenany, Timour Azhari and Adam Makary BAGHDAD (Reuters) -Chinese companies won bids to explore five Iraqi oil and gas fields on Saturday in a licensing round for hydrocarbon exploration that was primarily aimed at ramping up gas production for domestic use. An Iraqi Kurdish company also took two of the 29 projects up…
(Reuters) -Analog Devices forecast third-quarter revenue above Wall Street expectations on Wednesday, helped by a rise in demand for its automotive and industrial chips after a prolonged slump, sending its shares up nearly 6% in premarket trading. The company expects revenue of $2.27 billion, plus or minus $100 million, compared with estimates of $2.16 billion,…
By Greg Bensinger (Reuters) -Amazon.com investors voted against all 14 resolutions that asked the retailer to disclose more about its carbon emissions and its directors’ donations, and to form a committee to oversee artificial-intelligence development, among other issues. Amazon announced the preliminary vote at its annual shareholder meeting on Wednesday, where all 12 directors were…
