Reuters USA

Trump cruises in New Hampshire primary election, Haley vows to fight on

By Nathan Layne, Gram Slattery and James Oliphant MANCHESTER, New Hampshire (Reuters) -Donald Trump cruised to victory in New Hampshire’s Republican presidential contest on Tuesday, marching closer to a November rematch with Democratic President Joe Biden even as his only remaining rival, former U.N. Ambassador Nikki Haley, vowed to soldier on. “This race is far …

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Explainer-Why South Carolina could mean the end of the road for Haley

By Joseph Ax (Reuters) – Former President Donald Trump and former U.N. Ambassador Nikki Haley’s battle for the Republican presidential nomination heads to South Carolina on Feb. 24, when the Southern state hosts the party’s third competitive contest of the primary season. For Haley, who was born in South Carolina and served as its governor …

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Google settles AI-related chip patent lawsuit that sought $1.67 billion

By Blake Brittain and Nate Raymond (Reuters) -Google on Wednesday reached a settlement in a patent infringement lawsuit over chips that power the company’s artificial-intelligence technology, according to a filing in Massachusetts federal court. The settlement comes the same day that closing arguments were scheduled to begin in a trial on Singular Computing’s lawsuit, which …

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Bilt Rewards valued at $3.1 billion after General Catalyst-led fundraise

(Reuters) – Loyalty program Bilt Rewards said on Wednesday it had more than doubled its valuation to $3.1 billion after its latest funding round led by venture capital firm General Catalyst. Launched in April 2022, Bilt allows customers to earn rewards on rent payments, which then can be redeemed for travel bookings, shopping and other …

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Senior FDIC attorney pleads guilty to sexually exploiting children – DOJ

By Pete Schroeder WASHINGTON (Reuters) – A senior attorney with the Federal Deposit Insurance Corporation has pleaded guilty to one charge of sexually exploiting children, the Justice Department announced late Tuesday. Mark Black, 50, was a member of two online groups dedicated to finding prepubescent girls and convincing them to livestream themselves engaging in sexually …

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General Dynamics revenue beats on defense demand; supply woes persist

By Mehr Bedi and Mike Stone (Reuters) – General Dynamics beat Wall Street expectations for fourth-quarter revenue on Wednesday, as a tense global political climate sustained demand for its military equipment even as supply-chain pressures drove up costs. Net earnings at the Reston, Virginia-based defense contractor came in at $3.64 per share, below analysts’ average …

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