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Exclusive: Semiconductor manufacturer Infinera explores sale -source
By Milana Vinn (Reuters) - Infinera Corp, a U.S. manufacturer of semiconductors for the telecommunications industry that competes with China's Huawei, is exploring options that include a sale of the c...
Syndicated Content Mar 14, 2023
Nike to drop use of kangaroo skins for its shoes in 2023
(Reuters) - Nike said it will stop using kangaroo skins for its shoes this year, weeks after a similar step from German rival Puma, which would end a highly controversial practice that has drawn ire f...
Syndicated Content Mar 14, 2023
Alphabet-backed Anthropic releases OpenAI competitor named Claude
By Stephen Nellis (Reuters) - Anthropic, an artificial intelligence company backed by Alphabet Inc, on Tuesday released a large language model that competes directly with offerings from Microsoft Corp...
Syndicated Content Mar 14, 2023
Chile’s Codelco gains sustainability certification for El Teniente mine
SANTIAGO (Reuters) - Chile's state-owned Codelco, the world's largest copper producer, said on Tuesday it had obtained the Copper Mark sustainability certification for its flagship El Teniente mine. T...
Syndicated Content Mar 14, 2023
DirecTV sues Nexstar, station owners over retransmission fees
By Jacqueline Thomsen (Reuters) - Satellite provider DirecTV on Tuesday sued Nexstar Media Group Inc and two other television station owners in Manhattan federal court, claiming they violated antitrus...
Syndicated Content Mar 14, 2023
Tyson Foods to shut two U.S. chicken plants with nearly 1,700 workers
By Tom Polansek CHICAGO (Reuters) -Tyson Foods Inc will close two U.S. chicken plants with almost 1,700 employees on May 12, the company said on Tuesday. The closures show that the biggest U.S. meat c...
Syndicated Content Mar 14, 2023
Argentines struggle in the shadow of 100% inflation
By Miguel Lo Bianco and Claudia Martini SAN FERNANDO, Argentina (Reuters) - Argentina is in the grip of inflation that is expected to break past 100% on an annual basis when authorities release Februa...
Syndicated Content Mar 14, 2023
Record FDIC cash draw for SVB may affect debt ceiling ‘X date’
(Reuters) - The Federal Deposit Insurance Corp made a record withdrawal of $40 billion on Friday as it scrambled for resources to take over failing Silicon Valley Bank that same day, government data s...
Syndicated Content Mar 14, 2023
TIM to ask CDP-Macquarie to raise network bid, sources say
MILAN (Reuters) - Telecom Italia (TIM) is expected on Wednesday to ask Italian state lender CDP and Australian fund Macquarie to improve their bid for TIM's fixed network assets as it regards the offe...
Syndicated Content Mar 14, 2023
Moody’s changes outlook on U.S. banking system to ‘negative’
(Reuters) - Ratings agency Moody's Investors Service on Tuesday changed its outlook on the U.S. banking system to "negative" from "stable" after the collapse of three major banks fueled fears of a con...
Syndicated Content Mar 14, 2023
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