Fed’s Goolsbee: policy ‘restrictive,’ more disinflation likely
By Ann Saphir (Reuters) – Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes last year’s improvements…
Month: February 2024
Microsoft tailors AI for finance teams in specialized ‘Copilot’ strategy
By Jeffrey Dastin (Reuters) – Microsoft on Thursday previewed an artificial intelligence tool for customers’ finance departments, part of a…
Best Buy thrives in holiday quarter on discounts, paid memberships
By Savyata Mishra (Reuters) – Best Buy posted a smaller drop in fourth-quarter sales than expected and beat profit estimates…
Biden should make Iran pay a price for proxy attacks, says former Trump aide
By Arshad Mohammed (Reuters) – U.S. President Joe Biden should make Iran pay a direct price for attacks on U.S.…
Google hit with $2.3 billion lawsuit by Axel Springer, other media groups
By Foo Yun Chee BRUSSELS (Reuters) -Alphabet’s Google was hit with a 2.1-billion-euro ($2.3 billion) lawsuit by 32 media groups…
Meta plans launch of new AI language model Llama 3 in July, The Information reports
(Reuters) – Meta Platforms is planning to release the newest version of its artificial-intelligence large language model Llama 3 in…
Apple cancels decade-long electric car project, source says
By Stephen Nellis and Shivansh Tiwary (Reuters) -Apple has canceled work on its electric car, a source familiar with the…
Tesla aims to ship Roadster cars next year, Musk says
(Reuters) – Tesla will aim to ship its Roadster electric sports car next year, the electric vehicle maker’s CEO Elon…
US launches antitrust investigation into UnitedHealth, WSJ reports
(Reuters) -The U.S. Department of Justice has launched an antitrust investigation into UnitedHealth Group, the Wall Street Journal reported on…
EBay beats earnings estimates on strong U.S. holiday spending
(Reuters) -E-commerce platform eBay beat market expectations for quarterly revenue and profit on Tuesday, helped by healthy consumer spending during…