News
Meta partners with space startup Overview Energy to secure solar power for data centers
1+ hour, 35+ min ago (278+ words) April 27 (Reuters) " Meta Platforms has signed an agreement with Overview Energy to secure power from the startup's space-based solar energy infrastructure for the "Facebook parent's data centers by the end of "the decade. Overview Energy is developing a system that…...
Russian Finance Minister warns of regional budgets" strains, rising debt
1+ hour, 34+ min ago (314+ words) MOSCOW, April 27 (Reuters) " The combined deficit of Russian regional budgets will grow by 27% to 1. 9 trillion roubles ($25. 4 billion) in 2026, largely due to lower revenues "from the corporate profit tax and higher social spending, "while the regional debt is rising, Finance Minister…...
Bank of Canada set to hold rates at 2. 25% as oil shock likely short-lived
1+ hour, 31+ min ago (466+ words) OTTAWA, April 27 (Reuters) " The Bank of Canada is expected to keep rates on hold at 2. 25% on Wednesday as the oil price shock from the Iran war is a temporary blip unlikely to have a lasting impact on "inflation expectations, economists…...
Domino's Pizza falls short of US sales estimates as diners curb spending
1+ hour, 32+ min ago (352+ words) April 27 (Reuters) " Domino's Pizza missed same-store sales estimates for the first quarter on Monday, as higher living costs tied to ongoing geopolitical and economic uncertainties prompted budget-strained Americans "to cut discretionary spending, including dining out. Shares of the "pizza giant…...
Global consumer companies face pricing stress test from oil shock
1+ hour, 33+ min ago (622+ words) By Savyata Mishra and Anuja Bharat Mistry April 27 (Reuters) " The fragile demand recovery seen by consumer companies globally is at risk of getting stalled by chances of more prices hikes as a result of soaring energy and commodity costs due…...
South Carolina declares end to measles outbreak after nearly 1, 000 cases
2+ hour, 13+ min ago (285+ words) April 27 (Reuters) " South Carolina health officials have declared an end to a measles outbreak that sickened 997 people over six months, making it the "largest single-location outbreak in the United States "since the disease was declared eliminated. The outbreak began in…...
Fed likely to hold rates steady as Powell prepares for possible swan song
1+ hour, 39+ min ago (417+ words) WASHINGTON, April 27 (Reuters) " Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U. S. central bank, with energy prices still elevated and the Iran war at a standstill and likely…...
As New Mexico probes Epstein, local survivors come forward
1+ hour, 41+ min ago (521+ words) By Erica Stapleton and Andrew Hay SANTA FE, New Mexico, April 27 (Reuters) " Authorities in New Mexico are trying to determine how many local women and girls were abused by the late sex offender Jeffrey Epstein at his isolated Zorro Ranch…...
US Supreme Court hears Bayer's fight against Roundup lawsuits
1+ hour, 39+ min ago (639+ words) WASHINGTON, April 27 (Reuters) " The U. S. Supreme Court is set on Monday to consider Bayer AG's effort to shut down thousands of lawsuits accusing the company of failing to warn users that the active ingredient in its Roundup weedkiller causes cancer. The…...
Association of Banks in Singapore monitoring potential threats from frontier AI models
2+ hour, 54+ min ago (218+ words) SINGAPORE, April 27 (Reuters) " Banks in Singapore are working with the city-state's industry body to monitor emerging threats posed by "frontier artificial intelligence models, the director "of the Association of Banks in Singapore said on Monday. " ABS is working with member…...