By Akash Sriram (Reuters) -U.S. ride-hailing company Lyft said on Monday it will partner with China’s Baidu to deploy robotaxis…
Category: Business
Palantir raises annual revenue forecast again on surging AI demand
By Arsheeya Bajwa (Reuters) -Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting…
Kraft Heinz sauces boost quarterly results as home-cooking rises
By Juveria Tabassum (Reuters) -Kraft Heinz beat estimates for quarterly results on Wednesday, helped by resilient demand for its pantry…
Whirlpool shares slump,; co slashes forecast and dividend
(Reuters) -Whirlpool’s shares tumbled 12% on Tuesday after the home appliances maker slashed its full-year earnings forecast and dividend, blaming pressure…
Scale AI competitor Micro1 raising funds at $500 million valuation, sources say
By Anna Tong SAN FRANCISCO (Reuters) -Scale AI competitor Micro1 is finalizing a Series A round valuing the startup at…
Analysis-EU’s $250 billion-per-year spending on US energy is unrealistic
By Kate Abnett and Arathy Somasekhar BRUSSELS/HOUSTON (Reuters) -The European Union’s pledge to buy $250 billion of U.S. energy supplies…
Microsoft launches AI-based Copilot Mode in Edge browser
(Reuters) -Microsoft on Monday launched a new “Copilot Mode” on its Edge browser that uses artificial intelligence to improve the…
JPMorgan appoints new leaders at its North America corporate banking unit, memo says
(Reuters) -JPMorgan Chase has appointed Mike Lister and Brennan Spry as co-heads of North America corporate banking, according to an…
Analysis-Diageo’s new CEO needs actions, not just words
By Emma Rumney LONDON (Reuters) -Diageo’s new interim CEO Nik Jhangiani has charmed investors with his cool confidence and clear…
JPMorgan appoints new leaders at its North America corporate banking unit, memo says
(Reuters) -JPMorgan Chase has appointed Mike Lister and Brennan Spry as co-heads of North America corporate banking, according to an…