Author Archives: Syndicated Content
Exclusive-Modal Labs valued at $4.65 billion as AI coding takes off
By Deepa Seetharaman SAN FRANCISCO, May 21 (Reuters) - AI startup Modal raised $355 million in a new round of financing, valuing the company at $4.65 billion, CEO Erik Bernhardsson told Reuters. AI st...
May 21, 2026
Devon snaps up prime Delaware Basin acreage for $2.6 billion after Coterra merger
By Pranav Mathur and Sheila Dang May 21 (Reuters) - Shale producer Devon Energy on Thursday said it has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in New Mexico for about ...
May 21, 2026
Minnesota hunger non-profit leader gets 41 years in prison for $250 million fraud scheme
May 19 (Reuters) - The leader of a Minnesota non-profit group was sentenced to 41 years in prison on Thursday after she was convicted last year of being the ringleader of a $250 million scheme to defr...
May 21, 2026
Exclusive-Mexico's Sheinbaum tells her party that officials should quit if tied to corruption, sources say
By Diego Or MEXICO CITY, May 21 (Reuters) - Mexican President Claudia Sheinbaum has told officials from her ruling Morena party to resign if they are involved in acts of corruption, according to two p...
May 21, 2026
Motor racing-NASCAR driver Busch hospitalized with 'severe illness,' will miss Coca-Cola 600
May 21 (Reuters) - Two-times NASCAR Cup Series champion Kyle Busch has been hospitalized with a "severe illness" and will not compete in this weekend's Coca-Cola 600 at Charlotte Motor Speedway, his f...
May 21, 2026
JPMorgan rolls out AI tools in investment banking globally, senior banker says
By Samuel Shen and Selena Li SHANGHAI/HONG KONG, May 21 (Reuters) - JPMorgan is implementing AI tools across its investment banking business globally, its Asia investment banking head said on Thursday...
May 21, 2026
US HHS launches AI initiative to detect fraud and waste in health programs
May 21 (Reuters) - The U.S. Department of Health and Human Services said on Thursday it has launched a new AI-led initiative to review annual audits to strengthen oversight across federally funded hea...
May 21, 2026
Board of Peace envoy warns UN that Gaza division risks becoming permanent
By Emma Farge May 21 (Reuters) - The Board of Peace's lead envoy for Gaza warned the U.N. Security Council on Thursday that the enclave's current division could become permanent, leaving more than 2 m...
May 21, 2026
Trump vows U.S. will retrieve uranium from Iran
WASHINGTON, May 21 (Reuters) - President Donald Trump vowed on Thursday that the United States will eventually recover Iran's stockpile of highly enriched uranium despite comments from Iran that it wi...
May 21, 2026
US scientists forecast below-normal 2026 Atlantic hurricane season
By Anjana Anil and Erwin Seba HOUSTON, May 21 (Reuters) - U.S. government scientists said on Thursday they expect a below-normal Atlantic tropical storm season in 2026, likely producing one to three m...
May 21, 2026
