By Juby Babu (Reuters) -HP Inc said on Tuesday it expects to cut between 4,000 and 6,000 jobs globally by…
Year: 2025
Robinhood CEO’s math-focused AI startup Harmonic valued at $1.45 billion in latest fundraising
By Krystal Hu (Reuters) -Harmonic, an artificial intelligence startup co-founded by Robinhood CEO Vlad Tenev, has raised $120 million in…
Dozens of state attorneys general urge US Congress not to block AI laws
By Jody Godoy (Reuters) -Republican and Democratic attorneys general from 35 states and the District of Columbia urged congressional leaders…
US dollar slumps as data backs Fed rate cut view; traders on yen alert
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The U.S. dollar slid on Tuesday as a series of mixed economic data, some…
Kohl’s shares rally as another forecast raise signals turnaround taking hold
By Anuja Bharat Mistry (Reuters) -Kohl’s on Tuesday projected a smaller drop in sales and bigger profit for the full…
Exclusive-Kering CEO plans ‘House of Dreams’ investment arm to help trim reliance on Gucci
By Tassilo Hummel and Emilio Parodi PARIS/MILAN (Reuters) -Kering’s new CEO Luca De Meo plans to set up a new…
Bank of Japan signals chance of December rate hike as yen slides
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said he wanted “just a bit more data” on…
US ends temporary status for Myanmar nationals, cites upcoming elections as ‘progress’
By Simon Lewis WASHINGTON (Reuters) -The Trump administration said on Monday it is ending temporary legal status for citizens of…
US pending home sales increase in October amid lower mortgage rates
WASHINGTON (Reuters) -Contracts to purchase previously owned U.S. homes increased more than expected in October, likely as lower mortgage rates…
Amazon pushes in-house AI coding tool Kiro over competitors’, memo shows
By Greg Bensinger SAN FRANCISCO (Reuters) -Amazon suggested its engineers eschew AI code generation tools from third-party companies in favor…