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Intel to separate networking unit as new CEO Tan overhauls business
July 25 (Reuters) - Intel INTC.O is planning to separate its networking and communications unit into a stand-alone company and has begun the process of identifying investors, the chipmaker said on Friday, as new CEO Lip-Bu Tan looks to streamline its operations. Tan's plan to rejuvenate the once...Reuters
Fri, Jul 25
Trump has not considered clemency for Maxwell, attorney would welcome 'relief'
Asked about possible pardon, Trump says this was something he hasn't thought aboutMaxwell appealing her 20-year sentence for aiding EpsteinBlanche's involvement in Maxwell interview deemed unusual'Truth will come out,' Maxwell lawyer saysBy Steve Holland, Nandita Bose and Andrew Goud...Reuters
Fri, Jul 25
Law firm Milbank cuts Katyal’s $3,250 rate in defending NJ cities against Trump
By Mike Scarcella July 25 (Reuters) - Prominent lawyer Neal Katyal of law firm Milbank will charge a sharply reduced hourly rate and not his standard $3,250 as he helps to defend two New Jersey cities sued by President Donald Trump’s administration over their immigration policies, according to a ...Reuters
Fri, Jul 25
Phillips 66 profit beats estimates on higher refining margins
By Nicole Jao and Tanay Dhumal July 25 (Reuters) - Refiner Phillips 66 PSX.N beat Wall Street estimates for second-quarter profit on Friday, helped by higher refining margins and lower turnaround expenses.Shares of Phillips 66 were up around 0.8% at 2 p.m. EDT.Top U.S. refiners were expected to p...Reuters
Fri, Jul 25
AI Start-Up Anthropic Seeks To Double Valuation To Over $150Bn In Talks With Mideast Funds- FT
July 25 (Reuters) - AI START-UP ANTHROPIC SEEKS TO DOUBLE VALUATION TO OVER $150BN IN TALKS WITH MIDEAST FUNDS -FTFINAL TERMS HAVE NOT BEEN FIXED, ANTHROPIC WAS EXPECTED TO RAISE AT LEAST $3BN, WITH ONE ADDING THE ROUND COULD REACH UP TO $5BN -FTSource text: https://tinyurl.com/mtz686j8Reuters
Fri, Jul 25
Fencing-Olympic champion Kiefer finally claims world title as Georgian Bazadze makes history
July 25 (Reuters) - Local hero Sandro Bazadze made history in Tbilisi on Friday, winning Georgia's first-ever World Fencing Championships gold medal in the individual sabre event, while Olympic champion Lee Kiefer secured the United States' first gold in women's foil.Bazadze sent the hom...Reuters
Fri, Jul 25
Ukraine anti-corruption chief says his agency faces 'dirty information campaign'
Top corruption investigator speaks to Reuters in interviewTackling corruption is vital to Ukraine's bid to join EU Attempts to curb anti-graft agencies' work caused protestsU-turn by President Zelenskiy intended to defuse tensions By Dan Peleschuk KYIV, July 25 (Reuters) - Ukraine's t...Reuters
Fri, Jul 25
Trump Misinterprets Powell’s “Strong Economy” Remark as a Rate Cut Signal?
TradingKey - According to recent reports, Federal Reserve Chair Jerome Powell has made clear that, despite mounting pressure from President Trump and his allies, he has no intention of resigning during his term.TradingKey
Fri, Jul 25
Intel to separate networking unit
July 25 (Reuters) - Intel INTC.O said on Friday it planned to establish its networking and communications business as a stand-alone company and has begun the process of identifying investors, as new CEO Lip-Bu Tan looks to streamline the struggling chipmaker.Reuters
Fri, Jul 25
Oregon schools face federal probe over transgender athletes
July 25 (Reuters) - A complaint by a conservative think tank has triggered a U.S. government investigation into Oregon schools for allowing transgender girls to compete in female-only sporting events, the U.S. Department of Education said on Friday.The America First Policy Institute, whose former ch...Reuters
Fri, Jul 25
Microsoft probing if Chinese hackers learned SharePoint flaws through alert, Bloomberg reports
July 25 (Reuters) - Microsoft MSFT.O is investigating whether a leak from its early alert system for cybersecurity companies allowed Chinese hackers to exploit flaws in its SharePoint service before they were patched, Bloomberg News reported on Friday.Reuters
Fri, Jul 25
US appeals court rejects challenge to Washington laws on transgender youth care
By Jonathan StempelJuly 25 (Reuters) - A federal appeals court on Friday rejected a constitutional challenge by parents in Washington state to laws addressing the rights of transgender runaway children who seek gender-affirming care at shelters.The 9th U.S. Circuit Court of Appeals in San Francisco ...Reuters
Fri, Jul 25
EXCLUSIVE-US diplomats asked if non-whites qualify for Trump refugee program for South Africans
U.S. diplomatic cable asked if non-white racial minorities are eligibleTrump official said in email that the program was intended for whitesState Department says program is open to Afrikaners and all racial minoritiesBy Ted Hesson, Humeyra Pamuk and Kristina Cooke WASHINGTON, July 25 (Reuters) - ...Reuters
Fri, Jul 25
Ohio Valley Banc's Q2 net income up 41.7%, improves interest margin
OverviewOhio Valley Banc Q2 net income rises 41.7% yr/yr, driven by higher net interest incomeCompany's net interest margin improves to 4.17% from 3.74% in prior yearParticipation in Ohio Homebuyer Plus Program boosts average earning assets and securitiesOutlookCompany did not provide specific f...Reuters
Fri, Jul 25
CANADA RESEARCH ROUNDUP-A & W Food Services of Canada, Loblaw Companies, Rogers Communications
July 25 (Reuters) - Securities analysts revised their ratings and price targets on several Canadian companies, including A & W Food Services of Canada, Loblaw Companies and Rogers Communications, on Friday. HIGHLIGHTS * A & W Food Services of Canada Inc AW.TO: RBC raises target price to C...Reuters
Fri, Jul 25
US, China confront each other on Ukraine at United Nations
By Michelle Nichols UNITED NATIONS, July 25 (Reuters) - The United States told China at the United Nations on Friday it should "stop fueling Russia's aggression" in Ukraine, as China accused Washington of trying to shift blame and spark confrontation.Acting U.S. Ambassador to the U.N....Reuters
Fri, Jul 25
