WASHINGTON (Reuters) – U.S. job openings unexpectedly increased in November, but a softening in hiring pointed to a slowing labor…
Month: January 2025
AbbVie cuts 2024 profit forecast on acquisition expenses
(Reuters) – AbbVie lowered its 2024 adjusted profit forecast on Monday as the drugmaker incurred $1.6 billion in acquisition expenses…
Chip firms surge on hopes of strong AI-led demand
By Medha Singh and Purvi Agarwal (Reuters) -Shares of chipmakers jumped on Monday as Microsoft’s plan to invest $80 billion…
AI-influenced shopping boosts online holiday sales, Salesforce data shows
(Reuters) – Artificial intelligence-powered chatbots helped consumers purchase and return products during the 2024 holiday season, boosting online sales in…
White House says Justin Trudeau has been ‘stalwart friend’ for US
By Jeff Mason and Kanishka Singh ABOARD AIR FORCE ONE (Reuters) -The White House said on Monday that Canadian Prime…
US jobs report poses first big stocks test of 2025
By Lewis Krauskopf NEW YORK (Reuters) – The stock market faces its first major test of the year in the…
Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path
By Niket Nishant and Manya Saini (Reuters) -Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government…
Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025
(Reuters) -Microsoft is planning to invest about $80 billion in fiscal 2025 on developing data centers to train artificial intelligence…
FBI says suspect in Cybertruck blast had no animosity towards Trump, had PTSD
WASHINGTON (Reuters) – The FBI said on Friday that the suspect in the Tesla Cybertruck that exploded outside the Trump…
Finnish court upholds seizure of oil tanker in undersea cables probe
By Essi Lehto HELSINKI (Reuters) -A Finnish court on Friday denied a request for the release of an oil tanker…