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Foxconn expected to post strong Q1 profit growth on AI server demand
Q1 net profit expected to rise 72% year on yearFoxconn confident on AI server demand, wary of geopoliticsFoxconn looking to expand EV footprintQ1 earnings call at 0700 GMT on Wednesday TAIPEI, May 14 (Reuters) - Taiwan's Foxconn 2317.TW, the world's largest contract electronics maker, is ...Reuters
Tue, May 13
Northwestern University must face Palestinian law grad's discrimination suit
By Karen Sloan May 13 (Reuters) - A former Northwestern law student can proceed with a discrimination lawsuit that claims the school failed to protect her from being harassed over her pro-Palestine activism, a federal judge ruled on Tuesday.Plaintiff Yasmeen Elagha in November sued Northwestern a...Reuters
Tue, May 13
Ex-girlfriend testifies Sean 'Diddy' Combs forced her into drug-fueled sex parties
Prosecution's star witness says Combs wore her downVentura says Combs blackmailed her with 'Freak Off' videosDefense calls conduct consensual, part of Combs' lifestyleBy Jack Queen and Jonathan Stempel NEW YORK, May 13 (Reuters) - Sean "Diddy" Combs' former girlfriend ...Reuters
Tue, May 13
Anthropic expert accused of using AI-fabricated source in copyright case
By Blake Brittain May 13 (Reuters) - A federal judge in San Jose, California, on Tuesday ordered artificial intelligence company Anthropic to respond to allegations that it submitted a court filing containing a "hallucination" created by AI as part of its defense against copyright claims ...Reuters
Tue, May 13
Trump's approval rating rises to 44%; Americans worry less about recession
By Jason Lange WASHINGTON, May 13 (Reuters) - President Donald Trump's approval rating rose this week as Americans worried less about his handling of the economy and prospects of a recession, according to a Reuters/Ipsos poll that closed on Tuesday.The two-day poll showed 44% of respondents a...Reuters
Tue, May 13
REFILE-US judge says Trump can use Alien Enemies Act for western Pennsylvania deportations, WaPo reports
May 13 (Reuters) - A federal judge in Pennsylvania has ruled the United States can use the Alien Enemies Act to fast-track the deportation of accused gang members in the state's western district but must give them at least 21 days notice and the opportunity to challenge their removals, the Washi...Reuters
Tue, May 13
US to speed up oil and gas land parcel reviews for federal leasing
May 13 (Reuters) - The Trump administration will shrink the time it takes to review potential land parcels on federal lands for oil and gas development by about half, to six months, the Interior Department said on Tuesday.WHY IT'S IMPORTANT The move to streamline the oil and gas leasing process ...Reuters
Tue, May 13
Brazil's JBS reports profit of $521 million in first quarter
SAO PAULO, May 13 (Reuters) - JBS JBSS3.SA, the world's largest meatpacker, on Tuesday reported a net profit of 2.92 billion reais ($521 million) in the first quarter, in line with analysts' estimates of a 2.92 billion real net profit and a nearly 78% annual increase.In a financial statement...Reuters
Tue, May 13
Boy Scouts organization defeats appeals over $2.46 bln sex abuse settlement
By Dietrich Knauth May 13 (Reuters) - A federal appeals court on Tuesday rejected calls to overturn the Boy Scouts of America's $2.46 billion sex abuse settlement, saying the appeals came too late to upend the settlement because the youth organization had already emerged from bankruptcy two y...Reuters
Tue, May 13
WRAPUP 3-US slashes 'de minimis' tariff on small China parcels to as low as 30%
Trump cuts duties on China low-value commercial shipments to 30%-experts Tariffs on China postal shipments cut to 54% or $100 per package US de minimis rule blamed for flood of cheap imports and smugglingBy Farah Master, Casey Hall and Lisa Baertlein HONG KONG/SHANGHAI/LOS ANGELES, May 13 (Reuter...Reuters
Tue, May 13
Southwest Airlines files for permit to fly more international routes
May 13 (Reuters) - Southwest Airlines LUV.N on Tuesday filed with U.S. regulators asking for a permit to fly more international routes, including Europe, hinting at plans to expand its limited global network.The carrier's filing with the U.S. Department of Transport seeks permission to transport...Reuters
Tue, May 13
Golf-Scheffler unperturbed after rain interrupts Quail Hollow practice
By Frank PingueCHARLOTTE, North Carolina, May 13 (Reuters) - Scottie Scheffler is unfazed by the heavy rains that have severely hampered players' preparation for this week's PGA Championship at Quail Hollow Club and said on Tuesday he will be ready to roll when the major begins later this w...Reuters
Tue, May 13
New Fortress Energy extends quarterly report filing due to delay in Jamaica business sale
May 13 (Reuters) - U.S.-based LNG company New Fortress Energy NFE.O said on Tuesday it intends to file its first-quarter report within the five-day extension period due to a delay in completing the previously announced sale of its Jamaica business.Reuters
Tue, May 13
China's Sinopec raises HK$7.75 billion exchangeable bond, term sheet shows
By Scott Murdoch SYDNEY, May 13 (Reuters) - China's Sinopec 600028.SS has raised HK$7.75 billion ($994.42 million) through an exchangeable bond, according to a term sheet seen by Reuters. The coupon for the seven-year bond was set at 0.75% and will be issued by a unit of Sinopec Group, the te...Reuters
Tue, May 13
Magnitude 5.9 earthquake strikes off coast of Jalisco, Mexico, EMSC says
May 13 (Reuters) - A magnitude 5.9 earthquake struck off the coast of Jalisco in Mexico, the European Mediterranean Seismological Centre (ESMC)said on Tuesday. The quake was at a depth of 10 km (6.21 miles), EMSC said.Reuters
Tue, May 13
Jet.AI Inc expected to post a loss of $1.31 a share - Earnings Preview
Jet.AI Inc JTAI.OQ JTAI.O is expected to show a rise in quarterly revenue when it reports results on May 15 (estimated) for the period ending March 31 2025The Las Vegas Nevada-based company is expected to report a 1.4% increase in revenue to $3.901 million from $3.85 million a year ago, according ...Reuters
Tue, May 13
Baseball-Hall of Fame door opens for Pete Rose after removal from MLB's ineligible list
May 13 (Reuters) - Pete Rose, "Shoeless" Joe Jackson and other deceased players will be removed from Major League Baseball's permanently ineligible list, Commissioner Rob Manfred said, possibly clearing the way for their induction into the Hall of Fame. Rose, MLB's all-time hits lead...Reuters
Tue, May 13
Robert De Niro calls for protest against 'philistine' Trump as Cannes opens
De Niro receives lifetime achievement awardTarantino officially opens festival with mic dropNew red-carpet rulesBy Miranda Murray CANNES, France, May 13 (Reuters) - Hollywood icon Robert De Niro lambasted "philistine" U.S. President Donald Trump on Tuesday and his proposed film tariff at ...Reuters
Tue, May 13
Ukraine's Zelenskiy insists on face-to-face talks with Putin in Istanbul
Zelenskiy will attend talks only if Putin does, says aideKremlin yet to say whether Putin will attendTrump's envoys will travel to Istanbul for the talksEurope works on more sanctions on Russia By Max Hunder and Yuliia Dysa KYIV, May 13 (Reuters) - President Volodymyr Zelenskiy said on Tuesda...Reuters
Tue, May 13
Adtran Holdings Inc Says Files Non-Timely 10-Q With U.S. SEC
May 13 (Reuters) - ADTRAN Holdings Inc ADTN.O:ADTRAN HOLDINGS INC SAYS FILES NON-TIMELY 10-Q WITH U.S. SECADTRAN HOLDINGS INC SAYS PLANS TO RESTATE CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR YEARS ENDED DECEMBER 31, 2024 AND DECEMBER 31, 2023Reuters
Tue, May 13
