* Cuts are part of Trump's effort to shrink government * Judge rules that firings can proceed for now * IRS had expanded under Trump's predecessor Biden (Adds report of absorption of USPS in paragraph 15; cuts to traffic safety agency in paragraph 21) By Nathan Layne and Andy Sullivan Feb 20 (Reuters) - A tearful executive at the U.S....

(Reuters) - Alibaba's ( BABA ) shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it reported third-quarter revenues just above analysts' estimates and said it plans to invest more in e-commerce and AI. The Chinese e-commerce giant's U.S-listed shares jumped 8% in their biggest one-day percentage gain since...

Feb 20 (Reuters) - * ACELYRIN CONFIRMS RECEIPT OF UNSOLICITED INDICATION OF INTEREST FROM CONCENTRA BIOSCIENCES Source text: Further company coverage: ...

Feb 20 (Reuters) - Top asset manager BlackRock ( BLK ) said on Thursday it had resumed stewardship engagements with companies after reviewing new guidance from the U.S. Securities and Exchange Commission. In a statement a BlackRock ( BLK ) representative confirmed its temporary pause on the talks with companies as it assessed the guidance. The regulator requires more disclosures...