OpenAI is working on X-like social media platform, the Verge reports
(Reuters) -OpenAI is working on its own X-like social media network, the Verge reported on Tuesday, citing multiple sources familiar…
Category: Business
Canada to spare automakers, other sectors from some tariffs on US imports
OTTAWA (Reuters) – Canada will allow some relief to domestically-based automakers and manufacturers in specific sectors from counter-tariffs provided they…
Goldman Sachs profit beats estimates as traders ride volatile markets
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) -Goldman Sachs beat first-quarter profit estimates as its traders capitalized on…
Wells Fargo says tech banking team grew by 20% over past year
(Reuters) -Wells Fargo said on Monday its technology banking unit increased its headcount by 20% over the past year on…
Hedge fund Qube discloses $105 million short position in Trump Media
By Carolina Mandl NEW YORK (Reuters) – Hedge fund Qube Research & Technologies disclosed a roughly $105 million short position…
Gold takes a breather after record run as risk sentiment improves
By Brijesh Patel (Reuters) – Gold prices dipped on Monday, retreating from a record high hit earlier in the day,…
Goldman cuts US auto sales estimate by nearly 1 million units due to tariffs
(Reuters) – Goldman Sachs on Thursday cut its estimate for automobile sales in the U.S. for this year by nearly…
Auto suppliers Novares, Valeo demand upfront payment to cover tariff cost
PARIS (Reuters) – French automotive suppliers Novares and Valeo are asking customers to cover the full cost of new U.S.…
China meets with private companies to hear suggestions on dealing with US tariffs
HONG KONG (Reuters) – China’s state planner said on Tuesday it held a meeting with private domestic companies, including Trina…
Walgreens beats profit estimates ahead of Sycamore Partners deal
(Reuters) -Walgreens, which is in the process of being taken private by Sycamore Partners, beat Wall Street estimates for quarterly…