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Ford to recall 90,736 vehicles over engine valve issue, US regulators say
Business

Ford to recall 90,736 vehicles over engine valve issue, US regulators say

(Reuters) – Ford will recall 90,736 vehicles as engine intake valves in the vehicles may break while driving, the National…

August 31, 2024
China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
Business

China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period

SHANGHAI (Reuters) – China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three…

August 30, 2024August 30, 2024
CrowdStrike exec to testify before Congress on IT outage
General

CrowdStrike exec to testify before Congress on IT outage

(Reuters) – A senior executive at CrowdStrike will testify before a U.S House of Representatives subcommittee on Sept. 24 on…

August 30, 2024August 30, 2024
Apple in talks to join OpenAI funding round, WSJ reports
Business

Apple in talks to join OpenAI funding round, WSJ reports

(Reuters) -Apple is in talks to invest in OpenAI as part of a new fundraising round that would value the…

August 29, 2024
Salesforce gains as software firm bets on AI tools to power growth
Business

Salesforce gains as software firm bets on AI tools to power growth

(Reuters) – Shares of Salesforce gained more than 5% on Thursday as investors cheered the customer relationship management software maker’s…

August 29, 2024
Meta says its Llama AI models being used by banks, tech companies
Business

Meta says its Llama AI models being used by banks, tech companies

By Katie Paul NEW YORK – Meta’s Llama artificial intelligence models are being used by companies including Goldman Sachs and…

August 29, 2024
Affirm soars as BNPL lender aims to turn profit ahead of Street targets
Business

Affirm soars as BNPL lender aims to turn profit ahead of Street targets

By Manya Saini (Reuters) – Affirm shares rose 33% on Thursday after the buy-now-pay-later lender trounced estimates for quarterly results…

August 29, 2024
Self-driving truck company TuSimple settles fraud lawsuit for $189 million
Business

Self-driving truck company TuSimple settles fraud lawsuit for $189 million

By Jonathan Stempel (Reuters) – TuSimple reached a $189 million settlement of a lawsuit accusing the self-driving truck technology company…

August 27, 2024August 27, 2024
Nordstrom Q2 revenue rises on boost from sales event, shares surge
Business

Nordstrom Q2 revenue rises on boost from sales event, shares surge

(Reuters) -Nordstrom reported a better-than-expected growth in second-quarter sales on Tuesday, buoyed by its crucial Anniversary Sale event, even as…

August 27, 2024August 27, 2024
Trump, Harris agree to mute mics for Sept. 10 US presidential debate, Trump says
General

Trump, Harris agree to mute mics for Sept. 10 US presidential debate, Trump says

WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Tuesday an agreement has been reached to have closed microphones…

August 27, 2024August 27, 2024

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