(Reuters) -Apparel retailer Gap on Thursday posted a 5% jump in its second-quarter sales on robust demand for its Old…
Year: 2024
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…
Amazon workers to join Teamsters’ strikes against unfair labor practices in US
(Reuters) – The Teamsters said on Thursday its strikes against unfair labor practices were expanding, with Amazon.com workers across several…
Apple, Nvidia in talks to join OpenAI funding round, media reports say
(Reuters) -Apple and chip giant Nvidia are reportedly in talks to invest in OpenAI as part of a new fundraising…
Lilly launches smallest single-dose vials of Zepbound for $399
By Patrick Wingrove (Reuters) -Eli Lilly said it has begun selling vials of the smallest, starter dose of its popular…
Hindenburg takes aim at AI server maker Super Micro with short position
(Reuters) -Hindenburg Research on Tuesday disclosed a short position in Super Micro Computer and alleged “accounting manipulation” at the AI…
Meta to shut augmented reality studio used by third-party creators
(Reuters) – Meta Platforms will shut down the augmented reality studio that third-party creators used for making custom Instagram and…
Donald Trump faces revised US indictment in election subversion case
By Andrew Goudsward and Sarah N. Lynch WASHINGTON (Reuters) -Donald Trump was hit by a new federal indictment on Tuesday…
Goldman, BASF, others in $20 million platinum, palladium price-fixing settlement
By Jonathan Stempel NEW YORK (Reuters) -Goldman Sachs, German industrial company BASF and two other banks agreed to pay $20…
Meta Platforms strikes geothermal energy deal with Sage Geosystems to power US data centers
-Facebook owner Meta Platforms struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to…