Business news
- Senate Banking Chair Tim Scott believes Fed Chair Powell committed no crime in testimony - President Donald Trump recently said the investigation into Jerome Powell, led by U.S. Attorney for Washington Jeanine Pirro, should continue to the end.
- U.S. plans critical mineral price floors with Mexico, EU and Japan - The Trump administration has put critical minerals at the heart of its trade and industrial policies in an effort to reduce dependence on China.
- Oil prices jump on report that plans for U.S.-Iran nuclear talks are collapsing - President Trump has threatened to launch military strikes on Iran if the Islamic Republic doesn't agree to a deal on its nuclear program.
- Trump admin to withdraw 700 federal officers from Minnesota: Homan - The Trump administration will draw down about 25% of its law enforcement officers from Minnesota on Wednesday, border czar Tom Homan said.
- AMD's Lisa Su addresses guidance concerns, says demand still accelerating for advanced chips - CEO Lisa Su said that data center business has risen from the fourth to first quarter and demand for its central processing units is "going gangbusters."
- Uber reports 20% revenue growth in fourth-quarter, fueled by food delivery - Uber said revenue in its food delivery business increased 30%, beating analysts' estimates.
- AMD is down 9% after reporting earnings. Here's why - The chipmaker's stock has surged over the past year amid the AI boom
- Streaming-only Super Bowl ads give small brands a shot at the Big Game - The Super Bowl beckons some of the most expensive ads every year, and brands are finding a cheaper option in the streaming-only option.
- Trump says India won't buy Russian oil anymore. Moscow insists India hasn't said that - Analysts are skeptical that India will stop buying Russian oil completely.
- Venezuela tells China oil prices won't be set by the U.S., seeks to reassure investment after Maduro capture - Venezuela assured Beijing that its oil pricing will not be dictated by the U.S. and that Chinese investment in the South American country will remain secure.