By Anna Tong, Jeffrey Dastin SAN FRANCISCO (Reuters) -Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue,…
Second man charged in violent New York kidnapping crypto case appears in court
By Luc Cohen NEW YORK (Reuters) -William Duplessie, one of the two men charged in New York with kidnapping a…
Northrop Grumman invests $50 million in space startup Firefly Aerospace
(Reuters) -U.S. defense contractor Northrop Grumman has invested $50 million into space startup Firefly Aerospace to aid the production of…
US FAA extends Boeing regulatory delegation program by three years
WASHINGTON (Reuters) – The U.S. Federal Aviation Administration on Thursday said it would extend by three years a program that…
Musk’s White House exit refocuses questions about Tesla, other businesses
By Aditya Soni, Kritika Lamba (Reuters) -Elon Musk’s break with the Trump administration means investors will hope he refocuses on…
Nike’s longtime design and innovation chief John Hoke to retire
(Reuters) -Nike’s chief innovation officer, John Hoke, is retiring, the world’s largest sportswear company said on Thursday. Hoke, who joined…
Jefferies poaches four senior tech bankers from Guggenheim Partners, sources say
(This May 27 story has been corrected to fix the spelling of Ron Eliasek in paragraph 8) By Milana Vinn…
Musk criticizes Trump tax bill: can’t be both big and beautiful
WASHINGTON (Reuters) -Billionaire Elon Musk has criticized President Donald Trump’s “big, beautiful” tax and spending bill, saying it detracts from…
US senator calls for AI competition in Pentagon contracting
By Marisa Taylor and Alexandra Ulmer (Reuters) -Democratic Senator Elizabeth Warren urged the U.S. Department of Defense to ensure competitive…
GameStop buys bitcoin worth $513 million in crypto push
(Reuters) -GameStop has purchased bitcoin worth about $513 million, the company said on Wednesday as the ailing video game retailer…