MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is currently under way. BATTLES IN GENERALI AND MEDIOBANCA…
Economy
Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.
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Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal…
Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company…
Economy
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
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Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the…
Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly…
Editor's Pick
Senate Armed Services leaders ask Pentagon watchdog to probe leaked Signal chat
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The top Republican and Democrat on the Senate’s Armed Services Committee requested the Pentagon’s inspector general probe whether classified defense information was shared on Signal, an encrypted messaging platform. ‘This…
Editor's Pick
HHS axes more than $300M in gender, DEI-related health grants to California alone
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Secretary Robert F. Kennedy’s Department of Health and Human Services (HHS) terminated more than $330 million in National Institutes of Health (NIH) grants related to diversity, equity and inclusion (DEI)…
Editor's Pick
Judge tells government watchdogs fired by Trump there’s not much she can do for them
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Eight inspectors general abruptly fired by President Donald Trump at the start of his second term appeared in federal court Thursday to challenge their dismissals — a long-shot case that…
Despite being an ocean away, Rosie O’Donnell can’t seem to keep her mind off President Trump. The two have an ongoing feud that goes back decades, and after Trump was…
Editor's Pick
Trump pushes to ‘restore truth in American History,’ end DEI at Smithsonian
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President Donald Trump signed an executive order on Thursday aimed at restoring what he calls ‘truth and sanity’ in American history by reforming the Smithsonian Institution, protecting national monuments, and…