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Trump administration is concerned by deal to put Alibaba’s AI on iPhones, NYT reports

Trump administration is concerned by deal to put Alibaba’s AI on iPhones, NYT reports

(Reuters) -The White House and congressional officials have been scrutinizing Apple (NASDAQ:AAPL)’s plan to strike a deal with Alibaba (NYSE:BABA) to make the Chinese company’s AI available on iPhones in China, The New York Times (NYSE:NYT) reported on Saturday. U.S. authorities were concerned that the deal would help a Chinese company to improve its artificial intelligence capacities, bro ...

2025-05-18 19:05:11
How will GLP-1s impact the market for diabetes stocks? Berstein weighs in

How will GLP-1s impact the market for diabetes stocks? Berstein weighs in

Investing.com - Diabetes technology stocks have seen investor worries all but "vanish" over the possible negative implications of the emergence of popular obesity drugs, although it remains to be seen if this is a "false sense of security", according to analysts at Bernstein.A 2023 test showing that Novo Nordisk (NYSE:NVO)’s Wegovy weight-loss medication not only helped people lose weight b ...

2025-05-18 19:04:04
Phantom cows and missing millions spark financial scandal in Uruguay

Phantom cows and missing millions spark financial scandal in Uruguay

By Lucinda Elliott ARTIGAS, Uruguay (Reuters) - Sandra Palleiro is on the hunt for her lost cows. The 60-year-old accountant is standing in a muddy field at the end of a farm track in Uruguay’s remote border region with Brazil. She has traveled 600 kilometers (370 miles) from the capital, Montevideo, to find 61 cattle she owns, at least on paper. The missing bovines were part of a "cow bond ...

2025-05-18 19:02:57
Moody’s cuts America’s pristine credit rating, citing rising debt

Moody’s cuts America’s pristine credit rating, citing rising debt

By Davide Barbuscia and Pushkala Aripaka (Reuters) -Moody’s downgraded the U.S. sovereign credit rating on Friday due to concerns about the nation’s growing, $36 trillion debt pile, in a move that could complicate President Donald Trump’s efforts to cut taxes and send ripples through global markets. Moody’s first gave the United States its pristine "Aaa" rating in 1919 and is the last of t ...

2025-05-18 19:01:42