Siemens Energy said Tuesday it will invest $1 billion to expand power grid and gas turbine manufacturing in the United States as rising electricity demand from data centers and artificial intelligence strains the nation’s energy infrastructure. The investment is expected to create more than 1,500 highly skilled jobs across manufacturing,…

Netflix co-CEO Ted Sarandos is set to testify on Tuesday before a Senate panel scrutinizing how the streaming giant’s proposed $72 billion acquisition of Warner Bros Discovery would impact competition in the entertainment industry’s streaming segment. Sarandos will testify alongside Warner Bros. Chief Revenue Strategy Officer Bruce Campbell as the executives…

Federal Reserve Governor Stephen Miran on Tuesday called for the central bank to make aggressive interest rate cuts this year. “I’m probably looking for a little bit more than a point of interest rate cuts over the course of the year,” Miran told FOX Business Network’s Maria Bartiromo on “Mornings…