Town Hall News

By Krystal Hu and Stephen Nellis (Reuters) – Specialized cloud computing provider CoreWeave has raised $200 million in funding from its existing investor Magnetar Capital, highlighting investor interest in backing infrastructure powering the generative AI boom. The funding, which valued the company at more than $2 billion, comes weeks after CoreWeave raised $221 million from investors including Magnetar Capital and Nvidia. CoreWeave specializes in providing cloud computing services based on […]

(Reuters) – The Miami Heat have the chance to make history when the NBA Finals kick off on Thursday, facing a well-rested Denver Nuggets squad that is uninterested in letting the Heat’s Cinderella story go any further. Miami would be the first eighth seed to lift the Larry O’Brien Trophy after opening their improbable playoff run with a compelling 4-1 win over the Milwaukee Bucks, who had boasted the best […]

(Reuters) – The Miami Heat have the chance to make history when the NBA Finals kick off on Thursday, facing a well-rested Denver Nuggets squad that is uninterested in letting the Heat’s Cinderella story go any further. Miami would be the first eighth seed to lift the Larry O’Brien Trophy after opening their improbable playoff run with a compelling 4-1 win over the Milwaukee Bucks, who had boasted the best […]

(Reuters) – U.S. stock index futures dipped on Wednesday as a deal to raise the nation’s debt ceiling headed in for a pivotal vote by lawmakers, while shares of Hewlett Packard Enterprise slipped after it missed quarterly revenue targets. A bill to lift the $31.4 trillion U.S. debt ceiling and achieve new federal spending cuts made its way to the House of Representatives for debate on Tuesday and an expected […]

(Reuters) – U.S. stock index futures dipped on Wednesday as a deal to raise the nation’s debt ceiling headed in for a pivotal vote by lawmakers, while shares of Hewlett Packard Enterprise slipped after it missed quarterly revenue targets. A bill to lift the $31.4 trillion U.S. debt ceiling and achieve new federal spending cuts made its way to the House of Representatives for debate on Tuesday and an expected […]

By Aditi Shah NEW DELHI (Reuters) – General Electric’s aviation arm, already expecting to benefit from a boom in Indian domestic air travel, sees an even bigger boost from a surge in international travel that will drive demand for larger jets, its country head said. Engines built by GE Aerospace and partner Safran power about 60% of India’s 700 plus commercial planes, according to data from aviation analytics company Cirium. […]

By Aditi Shah NEW DELHI (Reuters) – General Electric’s aviation arm, already expecting to benefit from a boom in Indian domestic air travel, sees an even bigger boost from a surge in international travel that will drive demand for larger jets, its country head said. Engines built by GE Aerospace and partner Safran power about 60% of India’s 700 plus commercial planes, according to data from aviation analytics company Cirium. […]

(Reuters) -North American pilots are pushing for better pay and working conditions during their talks over new employment contracts with company managements. Members at some unions have voted to authorize a strike if a new contract isn’t reached. The aggressive posture comes at a time of pilot shortages and a rise in public support for unions. The following is the status of contract negotiations at various companies: AMERICAN AIRLINES GROUP […]

(Reuters) -North American pilots are pushing for better pay and working conditions during their talks over new employment contracts with company managements. Members at some unions have voted to authorize a strike if a new contract isn’t reached. The aggressive posture comes at a time of pilot shortages and a rise in public support for unions. The following is the status of contract negotiations at various companies: AMERICAN AIRLINES GROUP […]