Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

June 23 (Reuters) - The Trump administration is pressing Meta to submit its AI models for voluntary review, which would allow the government to evaluate their abilities and vulnerabilities, the New Yo...

By Mike Scarcella WASHINGTON, June 23 (Reuters) - A U.S. legal technology company on Tuesday sued the federal government, challenging a directive by President Donald Trump's administration that result...

By Jamie McGeever ORLANDO, Florida, June 23 (Reuters) - Global stocks slumped in a tech-fueled selloff on Tuesday, with investors unnerved by growing debt-funded AI spending, the prospect of a more ha...

By Stephen Nellis and Juby Babu June 23 (Reuters) - Cerebras Systems on Tuesday forecast 2026 revenue that beat Wall Street estimates, but shares sank as the company's gross margin forecast confirmed ...

June 23 (Reuters) - Morgan Stanley has limited redemptions again at its $7 billion flagship private credit fund after investors sought to withdraw almost 11.6% of units outstanding, a regulatory filin...

By Deena Beasley SAN DIEGO, June 23 (Reuters) - U.S. biotechnology industry trade group BIO worked with the Food and Drug Administration on plans announced on Monday to speed clinical trials and expec...

By Jaspreet Singh and Svea Herbst-Bayliss June 23 (Reuters) - Ryan Cohen, the billionaire CEO of GameStop, will not receive a potential performance award from the videogame retailer and plans to unvei...

June 23 (Reuters) - Nike on Tuesday named Pfizer executive David Denton as CFO, replacing Matthew Friend, as the footwear maker struggles through a turnaround amid supply chain issues and stiff compet...

June 23 (Reuters) - U.S. Commerce Secretary Howard Lutnick told executives at a closed-door meeting Monday that his department is studying Chinese state-subsidized robotics imports and signaled the ad...

June 23 (Reuters) - FedEx margins in its core delivery segment dropped in the latest quarter from a year earlier, and shares fell 6% in extended trading on Tuesday even though the company beat profit ...