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Category: Business

Mercedes details plans for US production investments in Alabama
Business

Mercedes details plans for US production investments in Alabama

By Nora Eckert DETROIT (Reuters) -Mercedes-Benz plans to begin producing a new vehicle at its Tuscaloosa, Alabama, plant in 2027,…

May 1, 2025
Snap drops as scrapped forecast stokes ad slowdown fears before Meta earnings
Business

Snap drops as scrapped forecast stokes ad slowdown fears before Meta earnings

(Reuters) -Snap shares tumbled more than 15% on Wednesday after the social media company held back its forecast, stoking fears…

April 30, 2025
Morgan Stanley investors should reject proposal to expand equity incentives, ISS says
Business

Morgan Stanley investors should reject proposal to expand equity incentives, ISS says

By Niket Nishant and Tatiana Bautzer (Reuters) -Institutional Shareholder Services has urged investors to reject Morgan Stanley’s proposal to expand…

April 30, 2025
Exclusive-TikTok plans to build 1 billion euro data centre in Finland, spokesman confirms
Business

Exclusive-TikTok plans to build 1 billion euro data centre in Finland, spokesman confirms

By Supantha Mukherjee and Anne Kauranen STOCKHOLM/HELSINKI (Reuters) -TikTok plans to invest 1 billion euros ($1.14 billion) to build its…

April 30, 2025April 30, 2025
Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback
Business

Visa beats profit estimates on strong card spending volumes, plans $30 billion buyback

By Pritam Biswas (Reuters) -Visa beat Wall Street estimates for quarterly profit on Tuesday, as the world’s largest payment processor…

April 29, 2025
Meta introduces Llama application programming interface to attract AI developers
Business

Meta introduces Llama application programming interface to attract AI developers

By Kenrick Cai SAN FRANCISCO (Reuters) -Meta Platforms on Tuesday announced an application programming interface in a bid to woo…

April 29, 2025
Electronic Arts lays off hundreds, cancels ‘Titanfall’ game, Bloomberg News reports
Business

Electronic Arts lays off hundreds, cancels ‘Titanfall’ game, Bloomberg News reports

(Reuters) -Electronic Arts is laying off hundreds of workers and is canceling a Titanfall game that was in development at…

April 29, 2025
GM pulls forecast due to tariffs as nervous consumers rush to buy
Business

GM pulls forecast due to tariffs as nervous consumers rush to buy

By Kalea Hall DETROIT (Reuters) -General Motors has pulled its forecast for the year, reflecting the uncertain effects of U.S.…

April 29, 2025
Spotify forecasts second-quarter profit below estimates, shares fall
Business

Spotify forecasts second-quarter profit below estimates, shares fall

By Jaspreet Singh (Reuters) – Spotify forecast current-quarter operating profit below Wall Street estimates on Tuesday as it grapples with…

April 29, 2025
OpenAI rolls out new shopping features with ChatGPT search update
Business

OpenAI rolls out new shopping features with ChatGPT search update

(Reuters) -OpenAI on Monday said it has updated ChatGPT’s web search capabilities to improve online shopping for users with personalized…

April 28, 2025

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