Exclusive-Activist investor Irenic builds stake in Papa John’s, sources say
By Svea Herbst-Bayliss and Abigail Summerville NEW YORK (Reuters) -Activist investor Irenic Capital Management built a stake in Papa John’s…
Walmart insider John Furner to steer next chapter amid AI bets and economic turbulence
By Siddharth Cavale -In 2020, as COVID-19 raged, John Furner – then chief of Walmart’s largest U.S. division – consulted…
Google to invest $40 billion in Texas through 2027
(Reuters) -Alphabet’s Google said on Friday it would invest $40 billion in three new data centers in Texas through 2027,…
Verizon to cut about 15,000 jobs as new CEO restructures, source says
By David Shepardson and Harshita Mary Varghese WASHINGTON (Reuters) -Verizon’s new CEO is planning to cut about 15,000 jobs in…
Living costs, mortgages on the menu at White House dinner with top execs, sources say
By Nupur Anand and Saeed Azhar NEW YORK (Reuters) -Rising living costs and expanding home ownership were among the issues…
OpenAI backs startup aiming to block AI-enabled bioweapons
By Deepa Seetharaman SAN FRANCISCO -ChatGPT maker OpenAI on Thursday said it will invest in a startup focused on blocking…
Striking Boeing workers approve labor deal, ending over three-month walkout
By Dan Catchpole and Shivansh Tiwary (Reuters) -Striking workers at Boeing Defense’s St. Louis-area facilities voted to approve the company’s…
Toyota opens US battery plant, confirms $10 billion investment plan
By David Shepardson (Reuters) -Toyota Motor said on Wednesday it had begun production at its $13.9 billion North Carolina battery…
Nvidia denies $1 billion investment in northern Mexico
MEXICO CITY (Reuters) -Nvidia on Wednesday denied plans to invest $1 billion in the northern Mexican state of Nuevo Leon,…
Citi ratchets up Venezuela debt bets as US pressure on Maduro builds
LONDON (Reuters) -Venezuela’s bonds could be worth 30%-60% more than at present if building U.S. pressure on President Nicolas Maduro…