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News
Nvidia scales back funding guarantee for Ohio OpenAI data center, WSJ reports
1+ day, 9+ hour ago (240+ words) Aug 14 (Reuters) – Nvidia has revised its plans to support a proposed OpenAI data center project in Ohio and is now expected to initially guarantee less than $120 billion, down from the $250 billion previously discussed, the Wall Street Journal reported on Friday,…...
Take Five: The heat is on
1+ day, 14+ hour ago (750+ words) Aug 14 (Reuters) – World markets are in full summer mode, even as tensions flare in the Gulf and there is no shortage of risk events for investors, including a health check on the mighty U.S. consumer and enough focus on inflation…...
Oil climbs over $1 on tanker attacks, no progrees on peace
1+ day, 10+ hour ago (486+ words) HOUSTON, Aug 14 (Reuters) – Crude oil futures climbed over $1 a berrel on Friday on tanker attacks and a lack of progress on a peace agreement between the Trump administration and Iran’s leadership. Brent futures settled at $88.52 a barrel, up $1.45, or 1.67%. U....
BOJ eyeing September rate hike, faster pace of tightening, sources say
1+ day, 18+ hour ago (610+ words) By Takaya Yamaguchi and Leika Kihara TOKYO, Aug 14 (Reuters) – The Bank of Japan is set to raise interest rates as soon as September and is considering hiking more aggressively thereafter from the current pace of roughly twice a year, said…...
Japan???s record rains strand thousands at Narita airport; kill eight
2+ day, 3+ hour ago (380+ words) By Issei Kato, Hina Suzuki and Mariko Katsumura OAMISHIROSATO, Japan, Aug 14 (Reuters) – Record rainfall in Japan stranded thousands of travellers at Tokyo’s Narita airport on Friday, bringing floods to the surrounding area that disrupted transport, knocked out power to 20,000 homes…...
Fish Lake Fireworks Injury Being Investigated
2+ day, 2+ hour ago (126+ words) 95 KQDS Fish Lake Fireworks Injury Being Investigated DULUTH, MN (KDAL) – A man who was fishing in a kayak on Fish Lake Monday night was taken to a hospital after being hit in the foot by a piece of what appeared…...
Heatwave expected to remove 15% of France’s nuclear capacity on Friday
2+ day, 20+ hour ago (453+ words) PARIS, Aug 13 (Reuters) – Europe’s fifth heatwave this summer is expected to trim French nuclear power production by about 15% of the nuclear fleet’s total capacity on Friday, with six reactors expected to be fully offline, data from operator EDF showed. Temperatures…...
Paramount says CNN sale ‘on the table’ to resolve California suit over Warner Bros deal
3+ day, 6+ hour ago (285+ words) Aug 12 (Reuters) – Paramount Skydance is keeping all options, including a possible sale of CNN, “on the table” to resolve California’s antitrust suit challenging its $110 billion acquisition of Warner Bros Discovery, the company’s chief legal officer said. Speaking at Politico’s California…...
First Look At The New Blatnik Bridge
3+ day, 3+ hour ago (143+ words) 95 KQDS First Look At The New Blatnik Bridge SUPERIOR, WI (Northern News Now/KDAL) – Artist renderings of the reconstructed Blatnik Bridge were unveiled by the Minnesota and Wisconsin Departments of Transportation during a public meeting Wednesday evening in Superior. The…...
Cerebras shares plummet 16% after results fail to impress investors
3+ day, 9+ hour ago (616+ words) By Anhata Rooprai and Max A. Cherney Aug 12 (Reuters) – AI chip designer Cerebras Systems slumped 16% in extended trading on Wednesday after missing quarterly revenue estimates, suggesting that Wall Street was ready to punish richly valued AI stocks if they slipped up…...