Jan 17, 2024
Google to tweak search results to comply with EU tech rules

By Foo Yun Chee BRUSSELS (Reuters) - Alphabet's Google will tweak online search results to give comparison sites more prominence, the company said in a blogpost on Wednesday, as it outlined efforts to comply with new EU tech rules that…

Jan 17, 2024
Rogers family’s two members to retire from telecom giant’s board

(Reuters) - Rogers Communications said on Wednesday Deputy Chair Melinda Rogers-Hixon and Martha Rogers have decided to retire from the Canadian telecom giant's board as part of a private settlement between the members of the founding family. The wireless carrier…

Jan 17, 2024
Citigroup sees Fed’s first rate cut in June

(Reuters) -Citigroup pushed forward its forecast of the U.S. Federal Reserve's 25 basis-point interest rate cut to June from July, citing the central bank's dovish stance, falling inflation, and rising pressures from geopolitical risks. The brokerage said on Wednesday it…

Jan 17, 2024
Homebuilder confidence jumps by the most in 11 months – NAHB

By Amina Niasse NEW YORK (Reuters) - U.S. homebuilder confidence spiked in January by the most since February 2023 as declining interest rates for mortgages enhanced affordability for many buyers who were priced out of the market last year. The…

Jan 12, 2024
Google Ends Cloud Switching Fees, Pressuring Amazon and Microsoft

Google Makes It Easier To Transition Between Cloud Computing Providers The cost associated with transitioning between cloud computing providers has frequently been a subject of criticism. The services have been disparaged as "roach motels," allowing businesses to enter but making…

Jan 11, 2024
US bitcoin ETFs see $4.6B in volume in first day of trading

By Hannah Lang, Suzanne McGee and Manya Saini (Reuters) - U.S.-listed bitcoin exchange-traded funds (ETFs) saw $4.6 billion worth of shares trade hands as of Thursday afternoon, according to LSEG data, as investors jumped into the landmark products approved by…

Jan 10, 2024
Stocks climb as megacaps lead; inflation data, earnings on deck

By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed higher on Wednesday as megacaps rallied, but gains were limited ahead of inflation reports and major bank earnings later in the week. Microsoft, Meta Platforms and Nvidia were the biggest boosts…

Jan 10, 2024
US sets enrollment record for Obamacare plans

(Reuters) -More than 20 million Americans have so far signed up for health insurance through the Affordable Care Act's (ACA) marketplace for this year, the highest since the inception of the law, according to data released on Wednesday. Over 3.7…