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Category: Business

Tesla’s market value tumbles below $1 trillion as its Europe sales slump
Business

Tesla’s market value tumbles below $1 trillion as its Europe sales slump

By Noel Randewich (Reuters) – Tesla’s stock tumbled 8% on Tuesday, pushing its market value below $1 trillion for the…

February 25, 2025
Anthropic launches advanced AI hybrid reasoning model
Business

Anthropic launches advanced AI hybrid reasoning model

(Reuters) – Anthropic on Monday launched an advanced AI model that can produce faster responses or display its step-by-step reasoning…

February 24, 2025
JPMorgan CEO Jamie Dimon reaffirms DEI commitment despite industry shift, CNBC reports
Business

JPMorgan CEO Jamie Dimon reaffirms DEI commitment despite industry shift, CNBC reports

(Reuters) – JPMorgan Chase will continue its diversity efforts, its CEO Jamie Dimon said in an interview with CNBC on…

February 24, 2025
Bankrupt crafts retailer Joann closing all stores
Business

Bankrupt crafts retailer Joann closing all stores

By Dietrich Knauth NEW YORK (Reuters) – Crafts retailer Joann Inc plans to close all of its stores in bankruptcy,…

February 24, 2025
Putin says Russia should speed up lithium mining plans
Business

Putin says Russia should speed up lithium mining plans

By Dmitry Antonov and Gleb Bryanski MOSCOW (Reuters) – President Vladimir Putin said on Friday that Russia should speed up…

February 21, 2025
Waze hits large platform status under EU tech rules, porn sites set to drop off list
Business

Waze hits large platform status under EU tech rules, porn sites set to drop off list

By Foo Yun Chee BRUSSELS (Reuters) – Alphabet’s mapping app Waze needs to do more to tackle illegal online content…

February 21, 2025
TikTok restructures trust and safety team, lays off staff in unit, sources say
Business

TikTok restructures trust and safety team, lays off staff in unit, sources say

SHANGHAI (Reuters) – TikTok is laying off global staff at its trust and safety unit which handles content moderation as…

February 20, 2025
Walmart forecasts fiscal 2026 revenue largely below estimates, shares fall
Business

Walmart forecasts fiscal 2026 revenue largely below estimates, shares fall

(Reuters) – Walmart on Thursday forecast sales for the fiscal year ending January 2026 largely below Wall Street estimates, suggesting…

February 20, 2025
AstraZeneca to buy FibroGen’s China unit for $160 million
Business

AstraZeneca to buy FibroGen’s China unit for $160 million

(Reuters) -AstraZeneca will buy U.S. biotech firm FibroGen’s <FGEN.O> China unit for about $160 million, in its latest deal to…

February 20, 2025
Google develops AI co-scientist to aid researchers
Business

Google develops AI co-scientist to aid researchers

By Muvija M LONDON (Reuters) – Google has developed an AI tool to act as a virtual collaborator for biomedical…

February 19, 2025

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