(Fixes typo in first sentence) By Douglas Gillison (Reuters) – Lawmakers from both major parties in the House of Representatives on Tuesday renewed their attacks on Wall Street’s chief regulator over his agency’s policies on cryptocurrencies, accusing the U.S. Securities and Exchange Commission of hampering the industry’s growth. The sometimes heated questioning coincides with mounting […]
Microsoft to spend $1.3 billion in Mexico on cloud, AI tech
MEXICO CITY (Reuters) -Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday. The fresh funds will go toward improving connectivity and boosting the adoption of AI technology by small and-medium sized businesses (SMBs), the […]
Boeing offers additional time to striking union workers to vote on new offer
(Reuters) – Boeing said on Tuesday it has offered additional time and support to the union representing thousands of its striking workers in the U.S. West Coast to vote on its new labor offer, after an earlier Friday deadline was rejected. “We’ve reached out to the union to give them more time and offer logistical […]
US State Dept OKs potential sale of Stinger missiles to Egypt for $740 million
WASHINGTON (Reuters) – The U.S. Department of State has approved the potential sale of 720 Stinger missiles to Egypt for $740 million, the Pentagon said on Tuesday. The missiles have been in hot demand in Ukraine, where they have successfully stopped Russian assaults from the air, and in neighboring European countries which fear they may […]