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Category: Business

Business

U.S. to soon curb AI investment in China

By Karen Freifeld (Reuters) – U.S. rules that will ban certain U.S. investments in artificial intelligence in China are under…

October 21, 2024January 24, 2025
Business

Activist Elliott, Southwest Airlines to begin settlement discussions, Bloomberg News reports

(Reuters) -Elliott Investment Management and Southwest Airlines have begun discussing a potential settlement that would avoid a proxy fight for…

October 20, 2024January 24, 2025
Business

Boeing exploring asset sales to boost finances, WSJ reports

(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances by shedding its non-core or…

October 20, 2024January 24, 2025
Business

CVS replaces CEO, pulls profit forecast as investor pressure mounts

(Reuters) -CVS Health replaced CEO Karen Lynch with company veteran David Joyner on Friday and withdrew its 2024 profit forecast,…

October 18, 2024January 24, 2025
Business

Meta releases AI model that can check other AI models’ work

By Katie Paul NEW YORK – Facebook owner Meta said on Friday it was releasing a batch of new AI…

October 18, 2024January 24, 2025
Business

Netflix rises on strong subscriber growth, bets on higher customer sign-ups

(Reuters) – Netflix shares rose 5.2% in premarket trading on Friday, after the streaming giant topped Wall Street estimates for…

October 18, 2024January 24, 2025
Business

Netflix beats earnings targets with 5 million new customers

By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix picked up 5.1 million streaming subscribers in the third quarter,…

October 17, 2024January 24, 2025
Business

Intel, AMD team up to confront rising challenge from Arm

By Stephen Nellis (Reuters) – Intel and Advanced Micro Devices on Tuesday said they are forming a group to help…

October 15, 2024January 24, 2025
Business

Oil prices fall by more than a $1 on Chinese economic data

BEIJING (Reuters) – Oil prices fell by a dollar in early Asian trading on Monday after disappointing Chinese inflation data…

October 14, 2024January 24, 2025
Tesla to give permanent jobs to 500 temporary staff at German gigafactory
Business

Tesla to give permanent jobs to 500 temporary staff at German gigafactory

FRANKFURT (Reuters) -Tesla on Thursday said it would give permanent jobs from Nov. 1 to 500 temporary workers at its…

October 10, 2024January 24, 2025

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