Business

Wall Street ends down as expectations of Hormuz deal fade

Wall Street ends down as expectations of Hormuz deal fade

By Caroline Valetkevitch and Noel Randewich Aug 10 (Reuters) - The Nasdaq and S&P 500 closed lower on Monday, with…

August 11, 2026

US court rules Meta, other tech companies must face thousands of lawsuits over social media addiction

By Diana Novak Jones Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move…

August 11, 2026

Trump extends Jones Act waiver for 90 days, narrows scope

By Jarrett Renshaw Aug 10 (Reuters) - President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships…

August 11, 2026

JBS names Wesley Batista Filho as new CEO

SAO PAULO, Aug 10 (Reuters) - Brazil's JBS, the world's largest meatpacker, announced Wesley Batista Filho as its new chief…

August 11, 2026

Trump extends Jones Act waiver for 90 days, narrows scope

By Jarrett Renshaw Aug 10 (Reuters) - President Donald Trump has extended for 90 days a waiver allowing foreign-flagged ships…

August 10, 2026

Microsoft plans to unveil next-generation AI chip in September, The Information reports

Aug 10 (Reuters) - Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon…

August 10, 2026

US court rules Meta, other tech companies must face thousands of lawsuits over social media addiction

By Diana Novak Jones Aug 10 (Reuters) - A U.S. appeals court on Monday allowed thousands of lawsuits to move…

August 10, 2026

Berkshire shares rise to highest since Abel replaced Buffett after stock buybacks, strong earnings

By Jonathan Stempel Aug 10 (Reuters) - Berkshire Hathaway shares rose on Monday to their highest level since Warren Buffett…

August 10, 2026

US House Democrats press Anthropic, OpenAI about rogue AI agents

By Courtney Rozen WASHINGTON, Aug 10 (Reuters) - A coalition of U.S. House Democrats is calling on Anthropic CEO Dario…

August 10, 2026

Berkshire shares rise to highest since Abel replaced Buffett after stock buybacks, strong earnings

By Jonathan Stempel Aug 10 (Reuters) - Berkshire Hathaway shares rose on Monday to their highest level since Warren Buffett…

August 10, 2026