Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Most withdrawals from Ares private credit fund came from outside US, CEO says
By Isla Binnie NEW YORK, June 10 (Reuters) - Most of the requests to withdraw money from a private credit fund for the wealthy run by alternative asset manager Ares came from outside the United States...
Thomson Reuters Jun 10, 2026
Taiwan-listed Ennoconn offers to buy Austria's Kontron in $1.7 billion deal
June 10 (Reuters) - Taiwan-listed technology firm Ennoconn Corp said on Wednesday it has launched a takeover bid for Austria-based Kontron, offering 23.50 euros per share to all its shareholders. Kont...
Thomson Reuters Jun 10, 2026
Microsoft limits employee use of Anthropic's Claude Fable 5 over data retention concerns, The Verge reports
June 10 (Reuters) - Microsoft is limiting employees' use of Anthropic's Claude Fable 5 because of the AI startup's new data retention requirements, The Verge reported on Wednesday, citing sources. Ant...
Thomson Reuters Jun 10, 2026
AI boom sparks rally, frenzy and fear
By Lucy Raitano, Ben Welsh and Grant Smith LONDON, June 10 (Reuters) - An AI boom has driven stock markets to record highs, big tech firms are piling hundreds of billions of dollars into new tech, whi...
Thomson Reuters Jun 10, 2026
Musk's xAI accused of illegally firing engineer who raised safety concerns
By Daniel Wiessner June 10 (Reuters) - A former engineer at Elon Musk's xAI who now heads a think tank focused on AI safety filed a lawsuit claiming he was fired from the SpaceX subsidiary for raising...
Thomson Reuters Jun 10, 2026
ASML to cut fewer jobs after talks with Dutch unions
June 10 (Reuters) - Chip-equipment maker ASML will cut fewer jobs than initially planned, Dutch unions said in a statement after talks with ASML. Redundancies are now expected to take effect from May ...
Thomson Reuters Jun 10, 2026
Putin signals key rate cuts as his central banker is on sick leave
MOSCOW, June 10 (Reuters) - Russian President Vladimir Putin told top officials on Wednesday that there are grounds to expect a cut in the central bank's key interest rate when it meets next week, and...
Thomson Reuters Jun 10, 2026
BYD looking to take over existing factory for second European EV plant, executive says
By Christina Amann BERLIN, June 10 (Reuters) - Chinese electric vehicle maker BYD is looking to take over an existing factory in southern Europe for its second assembly plant on the continent, with Sp...
Thomson Reuters Jun 10, 2026
Trump says he thinks AI companies will agree to 'giving back' to the public
By Bo Erickson, Trevor Hunnicutt and Courtney Rozen WASHINGTON, June 10 (Reuters) - U.S. President Donald Trump said on Wednesday that he expects top artificial intelligence companies to agree to "giv...
Thomson Reuters Jun 10, 2026
OpenAI weighs leasing Ohio data center with Nvidia backing, The Information reports
June 9 (Reuters) - OpenAI is in negotiations to lease a proposed 10-gigawatt data center campus on federal land in Ohio, in a deal that could include financial backing from Nvidia, The Information rep...
Thomson Reuters Jun 09, 2026
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