Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed policymakers eye rate hike scenarios as AI debate deepens
By Ann Saphir May 28 (Reuters) - A growing number of U.S. central bankers say there may be a case for raising interest rates if inflation does not ease soon, even as they express skepticism over the p...
May 28, 2026
Energy use forcing rethink of AI chip design, TSMC says
By Toby Sterling AMSTERDAM, May 28 (Reuters) - A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main const...
May 28, 2026
Microsoft to release new coding model next week, the Information reports
May 28 (Reuters) - Microsoft will unveil a suite of new homegrown AI models next week at its annual "Build" conference for developers in San Francisco, including a coding model to boost the usage of i...
May 28, 2026
Germany's DHL hires US Postal Service for last-mile US parcel deliveries
By David Shepardson WASHINGTON, May 28 (Reuters) - The U.S. Postal Service said Thursday it had reached a multi-year deal with DHL eCommerce, expected to be worth more than $10 billion, to handle the ...
May 28, 2026
Meta commits $13 million in additional funding for oversight board until 2028
May 28 (Reuters) - Meta's Oversight Board said on Thursday it has secured $13 million in additional funding from the social media company to secure the independent watchdog's operations through 2028. ...
May 28, 2026
Goldman Sachs says on track for near-record M&A volumes in 2026
NEW YORK, May 28 (Reuters) - Goldman Sachs' expects merger and acquisition volumes for the industry this year are on course to approach a 2021 record, with corporate activity driving dealmaking, its p...
May 28, 2026
Xpeng projects quarterly revenue below estimates on weak EV demand
May 28 (Reuters) - Electric vehicle maker Xpeng on Thursday forecast second-quarter revenue below market expectations, underscoring a prolonged slowdown in demand and stiff competition in the Chinese ...
May 28, 2026
Groq raising up to $650 million from existing investors, source says
May 28 (Reuters) - Groq is raising up to $650 million from existing investors, a source familiar with the matter told Reuters on Thursday, after the AI chip startup signed a $17 billion licensing deal...
May 28, 2026
Brazil's central bank will not let higher inflation expectations take hold, says director
By Marcela Ayres BRASILIA, May 28 (Reuters) - Brazil's central bank will not allow higher inflation expectations to translate into actual inflation, monetary policy director Nilton David said on Thurs...
May 28, 2026
US new home sales slump in April amid higher mortgage rates, prices
WASHINGTON, May 28 (Reuters) - Sales of new U.S. single-family homes fell in April as the boost from better weather faded and mortgage rates remained elevated. New home sales dropped 6.2% to a seasona...
May 28, 2026
