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CORRECTED-Intel spars with EU regulators over $421.4 million antitrust fine
By Foo Yun Chee LUXEMBOURG, May 16 (Reuters) - U.S. chipmaker Intel INTC.O on Friday sparred with EU antitrust regulators over a 376 million euro ($421.4 million) fine levied nearly two years ago for excluding rivals from the market, arguing that it was disproportionate and unfair.The case dated ...Reuters
Fri, May 16
Cryptocurrencies
Solana Demand Returns: SOL Realized Cap Now Growing At Same Rate As XRP’s
On-chain data shows Solana has seen a capital flow reversal recently as the asset is now receiving inflows at the same rate as XRP. Solana Realized Cap Now Growing At A Monthly Rate Around 4% In a new post on X, the on-chain analytics firm Glassnode has talked about how the trend in the Realized [&#...Bitcoinist
Fri, May 16
Other
UnitedHealth investors wary and looking for Medicare strategic change
Investors say cost-cutting measures will be needed, a challenging feat amid public backlashShares of UnitedHealth are near five-year lowsThe company’s tight integration makes a breakup less likelyBy Amina Niasse NEW YORK, May 16 (Reuters) - UnitedHealth Group UNH.N investors, stunned by missteps ...Reuters
Fri, May 16
Stocks
3 Top All-American Companies Thriving on Domestic Success
The U.S. is the land of opportunity, and not surprisingly, many of the most successful companies in the world have started right here. Today, I wanted to look at three up-and-coming U.S. companies from various industries that still derive the bulk of their revenue from right here in the U.S.Palantir...The Motley Fool
Fri, May 16
Stocks
Should You Invest in Bitcoin Treasury Companies?
Is buying shares of a company that exists only to hoard Bitcoin (CRYPTO: BTC) smarter than buying Bitcoin itself? To an emerging wave of Bitcoin treasury companies, the answer to that question is maybe.Huge and consistent purchases of the coin by the leading business in the segment, Strategy (NASDAQ...The Motley Fool
Fri, May 16
Other
US court to weigh Trump's powers to fire Democrats from federal agencies
Court hears Trump's appeal of rulings reinstating labor board membersCases test scope of Trump's powers over independent agenciesRuling could impact Federal Reserve, other boardsBy Daniel Wiessner May 16 (Reuters) - President Donald Trump's ability to reshape federal agencies that wer...Reuters
Fri, May 16
Commodities
ANALYSIS-US LNG exporters push forward new projects despite trade war uncertainty
US seeks to triple LNG export capacity by 2030Trump's 25% steel, aluminum tariffs boost construction costsCheniere, Venture Global among those seen approving new plantsBy Curtis Williams HOUSTON, May 16 (Reuters) - Woodside Energy's WDS.AX decision last month to proceed with its Louisiana...Reuters
Fri, May 16
Stocks
ANALYSIS-US stock market gains may slow after torrid rebound from tariff swoon
S&P 500 erases losses for year after US-China trade truceP/E ratio on S&P 500 reaches two-month high 2025 corporate profit growth estimates trend lower since JanuaryBy Lewis Krauskopf NEW YORK, May 16 (Reuters) - Market momentum following the U.S.-China trade truce has put stocks back in ...Reuters
Fri, May 16
Stocks
Wall St Week Ahead-Retailers set to give tariff view as US stock market roars back
Earnings on tap: Target, Lowe's, Home Depot Walmart warns of price hikes due to tariffsUS retail sales growth slowed in AprilBy Lewis Krauskopf NEW YORK, May 16 (Reuters) - A batch of U.S. retail earnings reports in the coming week is set to shed more light on the economic fallout from the sh...Reuters
Fri, May 16
Stocks
DIARY-Federal Reserve Events
***Denotes a new entry. -------------------------------------------------------- Federal Open Market Committee (FOMC) MEETING DATES: 2025June 17-18 (second day: statement released 1400 EDT/1800 GMT; news conference expected 1430 EDT/1830 GMT)July 29-30 (second day: statement released 1400 EDT/18...Reuters
Fri, May 16
Commodities
With US trade war, China now top buyer for Canadian crude on Trans Mountain pipeline
U.S. west coast refiners were expected to buy bulk of TMX crudeGlobal oil flows shifting in the face of U.S. trade policyChina reluctant to be over-reliant on Russian oilBy Amanda Stephenson and Arathy Somasekhar CALGARY/HOUSTON, May 16 (Reuters) - China has emerged as the top customer for Canadi...Reuters
Fri, May 16
Stocks
DIARY-Europe's STOXX 600 corporate earnings week ahead
May 16 (Reuters) - Diary of Europe's STOXX 600 (.STOXX) corporate earnings for the week ahead EUROPE'S STOXX 600 EARNINGS Start DateStart Time(GMT)RICCompany NameEvent Name19-May-2025AMCBYG.LBig Yellow Group PLCFull Year 2025 Big Yellow Group PLC Earnings Release19-May-2025NTSROCKb.COR...Reuters
Fri, May 16
Other
FOCUS-Weeks after Amazon's Alexa+ AI launch, a mystery: where are the users?
Amazon struggles to show Alexa+ user engagementAlexa+ performance can be slow to respondCompany has plowed billions into developing Alexa since 2014By Greg Bensinger SAN FRANCISCO, May 16 (Reuters) - Alexa, where are your users?More than six weeks after Amazon.com AMZN.O began rolling out the new...Reuters
Fri, May 16
Other
EXCLUSIVE-Trump administration cut autism-related research by 26% so far in 2025
NIH autism research funding down $31 million so far in 2025Researchers fear cuts will delay autism treatment progressHHS denies reduced commitment to autism researchBy Robin Respaut, Jaimi Dowdell NEW YORK, NY, May 16 (Reuters) - Health Secretary Robert F. Kennedy Jr has vowed to address ...Reuters
Fri, May 16
Other
Kremlin says a Putin-Trump meeting is essential but needs advance preparation and must yield results
MOSCOW, May 16 (Reuters) - The Kremlin said on Friday that a meeting between Russian President Vladimir Putin and U.S. President Donald Trump was essential but required considerable advance preparation and had to yield results.Kremlin spokesman Dmitry Peskov was commenting after Trump said he would...Reuters
Fri, May 16
Other
CORRECTED-Microsoft offers to sell Office without Teams at lower price in EU antitrust probe
BRUSSELS, May 16 (Reuters) - Microsoft MSFT.O has offered to sell its Office product without Teams at a lower price than Office with Teams as well as offer rivals better interoperability access to its services and products, EU antitrust regulators said on Friday.The European Commission said it was n...Reuters
Fri, May 16
Forex
RUB: Unrealistic optimism – Commerzbank
USD/RUB and EUR/RUB are not market-driven or floating exchange rates. Even so, at this time, these exchange rates are reflecting excessive optimism that the US administration will push for a peace treaty with Ukraine and this will involve some of the harsh sanctions on Russia being removed.Fxstreet
Fri, May 16
Stocks
Just After U.S.-China Trade Deal, Trump Stirs the Pot — New Chip Export Blacklist Against China
TradingKey - Just days after rolling back semiconductor export restrictions imposed by the Biden administration, the Trump administration is reportedly preparing a new export blacklist targeting Chinese tech companies, casting a shadow over the recently thawed U.S.-China trade relations.TradingKey
Fri, May 16
Stocks
Have $100,000? Here Are 4 Ways to Grow That Money Into $1 Million for Retirement Savings.
Got $100,000 saved up? If so, congratulations! You're doing great. But, let's face it -- that's not going to fund the kind retirement you're likely envisioning for yourself. You'll probably need something closer to $1 million (10 times your current stash) to achieve the financial freedom you want to...The Motley Fool
Fri, May 16
Commodities
PRECIOUS-Gold slips, heads for worst week in six months on easing trade tensions
Gold down more than 3% this weekDollar headed for fourth straight weekly gainSilver down more than 1%By Brijesh Patel May 16 (Reuters) - Gold prices slipped more than 1% on Friday and were heading for their worst week in six months, as an overall higher dollar and a temporary U.S.-China trade agr...Reuters
Fri, May 16
