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Category: General

CME Group to lay off 3% of its workforce, reallocate positions
General

CME Group to lay off 3% of its workforce, reallocate positions

(Reuters) – CME Group, the world’s largest derivatives exchange, eliminated about 100 positions, or 3% of its workforce, this week…

July 22, 2023July 23, 2023
American Airlines increases offer to pilots by $1 billion, matching United
General

American Airlines increases offer to pilots by $1 billion, matching United

(Reuters) – American Airlines Group Inc on Friday said it raised the value of its contract offer to pilots by…

July 21, 2023July 22, 2023
OpenAI, Google, others pledge to watermark AI content for safety -White House
General

OpenAI, Google, others pledge to watermark AI content for safety -White House

By Diane Bartz and Krystal Hu WASHINGTON/NEW YORK (Reuters) -AI companies including OpenAI, Alphabet and Meta Platforms have made voluntary…

July 21, 2023July 22, 2023
AmEx’s profit view dampens strong results from record card spending
General

AmEx’s profit view dampens strong results from record card spending

By Manya Saini (Reuters) -American Express kept its annual profit forecast unchanged despite a record spending on its credit cards…

July 21, 2023July 21, 2023
JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt
General

JPMorgan to expand online bank Chase to Germany, EU – Handelsblatt

FRANKFURT (Reuters) -JPMorgan will expand its online bank Chase to Germany and other European Union countries, CEO Jamie Dimon told…

July 21, 2023July 21, 2023
China seeks to boost demand by pushing urban development – state media
General

China seeks to boost demand by pushing urban development – state media

BEIJING (Reuters) – China’s cabinet has approved guidelines on transforming underdeveloped areas in megacities, in the government’s latest move to…

July 21, 2023July 21, 2023
Trump-linked SPAC surges as fraud settlement lifts hopes for deal completion
General

Trump-linked SPAC surges as fraud settlement lifts hopes for deal completion

(Reuters) -Shares of Digital World Acquisition (DWAC) surged 55% on Friday as a settlement with U.S. securities regulator over fraud…

July 21, 2023July 21, 2023
J&J upbeat on 2023 as devices rebound post-COVID, shares jump
General

J&J upbeat on 2023 as devices rebound post-COVID, shares jump

By Bhanvi Satija and Patrick Wingrove (Reuters) -Johnson & Johnson on Thursday expressed optimism for strong growth this year, saying…

July 20, 2023July 20, 2023
Netflix falls as benefits from password-sharing crackdown to take time
General

Netflix falls as benefits from password-sharing crackdown to take time

By Samrhitha A (Reuters) -Shares of Netflix tumbled more than 8% on Thursday after the video-streaming pioneer’s lackluster revenue rise…

July 20, 2023July 20, 2023
Gold miner Newmont misses profit estimates on mining disruptions, higher costs
General

Gold miner Newmont misses profit estimates on mining disruptions, higher costs

By Sourasis Bose (Reuters) -Newmont missed second-quarter profit estimates on lower production and higher costs, sending shares of the world’s…

July 20, 2023July 20, 2023

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