By Rajesh Kumar Singh and Tim Hepher CINCINNATI, Ohio (Reuters) – General Electric Co Chief Executive Larry Culp said on Thursday it was “premature” to talk about engine production v[...]
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March 9, 2023
Software firm Blackbaud to pay $3 million for misleading disclosures on ransomware attack -SEC
WASHINGTON (Reuters) -Software company Blackbaud Inc has agreed to pay $3 million to settle charges it made misleading disclosures about a 2020 ransomware attack that impacted over 13,000 customers, t[...]
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Oracle banks on Cerner for cloud boost after mixed third-quarter results
(Reuters) -Oracle Corp narrowly missed quarterly revenue estimates on Thursday, but the company remained bullish on demand for its cloud software following the recent acquisition of electronic medical[...]
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Groq adapts Meta’s chatbot for its own chips in race against Nvidia
By Jane Lanhee Lee and Stephen Nellis OAKLAND, California (Reuters) – Groq, a Silicon Valley chip startup founded by a former Alphabet Inc engineer, said on Thursday it has adapted technology si[...]
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Gap sees weak sales as inflation-hit consumers rein in spending on apparel
By Ananya Mariam Rajesh (Reuters) -Gap Inc on Thursday posted a bigger-than-expected fourth-quarter loss and forecast full-year sales below Wall Street estimates, signaling a slowdown in demand for it[...]
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Biden budget plan includes billions aimed at countering China
By Simon Lewis WASHINGTON (Reuters) – The Biden administration’s budget plan put forward on Thursday includes requests for billions of dollars of funding for the Indo-Pacific region aimed[...]
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New York sues KuCoin, expands cryptocurrency crackdown
By Jonathan Stempel NEW YORK (Reuters) -New York’s attorney general on Thursday sued KuCoin for failing to register with the state before letting investors buy and sell cryptocurrencies on its p[...]
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Rubio takes aim at planned Ford US battery plant using Chinese technology
By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marco Rubio on Thursday introduced legislation that takes aim at Ford Motor’s deal to use technology from Chinese battery company CATL as p[...]
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Marketmind: Bye Kuroda – BOJ takes center stage as banks get battered
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Investors waking up in Asia on Friday hoping for a quiet day to ease into the weekend will be as well[...]
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