OpenAI and Musk agree to fast tracked trial over for-profit shift
OAKLAND, California (Reuters) – OpenAI and Elon Musk have agreed to fast-track a trial over OpenAI’s for-profit shift, the latest…
Category: Business
Tariffs rush some business jet deals, drive aviation cost fears
By Allison Lampert and Dan Catchpole (Reuters) – Tariffs imposed by the U.S. and other countries in retaliation have prompted…
Data center build-out stokes fears of overburdening biggest US grid
By Laila Kearney HOUSTON (Reuters) – The rapid development of AI data centers is intensifying concerns about how well an…
Intel jumps nearly 15% as investors cheer appointment of new CEO Tan
By Aditya Soni (Reuters) -Shares of Intel surged nearly 15% on Thursday, as Wall Street cheered its decision to name…
Musk’s Starlink, India’s Airtel tie up to challenge Ambani in broadband race
(Reuters) -Elon Musk’s Starlink has signed a deal with India’s No. 2 telecoms company Airtel to bring Starlink’s internet services…
Adobe Earnings Preview: Will AI Drive the Next Growth Phase or Weigh on Expectations?
Adobe Inc. (NASDAQ: ADBE) is set to report its fiscal Q1 2025 earnings onĀ March 12, after market close, in what…
Logitech targets $2 billion share buyback, confirms 2025 outlook
(Reuters) -Logitech International will buy back $2 billion worth of shares over the next three years, and will increase its…
Robinhood paying $29.75 million to end US regulator’s probes
By Jonathan Stempel (Reuters) -Robinhood Markets, the online trading platform, agreed to pay $29.75 million to resolve several Financial Industry…
DoorDash and Williams-Sonoma to join S&P 500; shares rally
(Reuters) – Shares of DoorDash, Williams-Sonoma, Expand Energy and TKO Group rose in extended trade on Friday after an announcement…
Grocery chain Kroger forecasts annual sales above estimates on steady demand
(Reuters) -Kroger on Thursday forecast annual same-store sales largely above Wall Street estimates, fueled by steady grocery demand as value-conscious…