Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised
By Ann Saphir May 28 (Reuters) - One of new Federal Reserve Chairman Kevin Warsh's favorite inflation measures came in cool again on Thursday, offering evidence for his belief that inflation is improv...
May 28, 2026
Exclusive-Ousted BP Chair met activist shareholder Elliott without direct knowledge of other directors, sources say
By Shadia Nasralla LONDON, May 28 (Reuters) - Ousted BP Chairman Albert Manifold met with activist shareholder Elliott Management during his tenure without telling fellow board members directly, two s...
May 28, 2026
Fed's Musalem says he wanted to remove 'easing bias'
May 28 (Reuters) - St Louis Federal Reserve President Alberto Musalem on Thursday said that he was one of several U.S. central bankers last month who felt the Fed should remove the "easing bias" from ...
May 28, 2026
Anthropic to roll out Claude Mythos in coming weeks, launches Opus 4.8
May 28 (Reuters) - Anthropic on Thursday said it is launching an upgraded Claude Opus 4.8 model even as it works to release its powerful, market-moving Mythos model to all customers in the coming week...
May 28, 2026
Fed policymakers eye rate hike scenarios as AI debate deepens
By Ann Saphir May 28 (Reuters) - A growing number of U.S. central bankers say there may be a case for raising interest rates if inflation does not ease soon, even as they express skepticism over the p...
May 28, 2026
Energy use forcing rethink of AI chip design, TSMC says
By Toby Sterling AMSTERDAM, May 28 (Reuters) - A senior TSMC executive said on Thursday that surging electricity demands from AI are making energy efficiency rather than computing power the main const...
May 28, 2026
Microsoft to release new coding model next week, the Information reports
May 28 (Reuters) - Microsoft will unveil a suite of new homegrown AI models next week at its annual "Build" conference for developers in San Francisco, including a coding model to boost the usage of i...
May 28, 2026
Germany's DHL hires US Postal Service for last-mile US parcel deliveries
By David Shepardson WASHINGTON, May 28 (Reuters) - The U.S. Postal Service said Thursday it had reached a multi-year deal with DHL eCommerce, expected to be worth more than $10 billion, to handle the ...
May 28, 2026
Meta commits $13 million in additional funding for oversight board until 2028
May 28 (Reuters) - Meta's Oversight Board said on Thursday it has secured $13 million in additional funding from the social media company to secure the independent watchdog's operations through 2028. ...
May 28, 2026
Goldman Sachs says on track for near-record M&A volumes in 2026
NEW YORK, May 28 (Reuters) - Goldman Sachs' expects merger and acquisition volumes for the industry this year are on course to approach a 2021 record, with corporate activity driving dealmaking, its p...
May 28, 2026
