By Mimosa Spencer (Reuters) -Kering has named managing director Jean-Francois Palus as Gucci’s new CEO and president for a transitional period, part of a management reshuffle at the top ranks of[...]
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July 18, 2023
Tesla faces citizen grilling on impact of German plant expansion
By Victoria Waldersee, Nette Noestlinger and Leon Malherbe GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents’ concerns by holding a question-and-answe[...]
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Teladoc expands Microsoft tie-up to document patient visits with AI
(Reuters) – Teladoc Health is expanding a partnership with Microsoft to use the tech giant’s artificial intelligence services to automate clinical documentation on the telehealth platform,[...]
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Southwest Airlines endorses plan to boost Washington Reagan flights
By David Shepardson WASHINGTON (Reuters) – Southwest Airlines said on Tuesday it will support legislation to add seven new round trip flights a day at Ronald Reagan Washington National Airport,[...]
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Credit Suisse ups S&P 500 year-end forecast to 4,700
NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a decline in the near-term U.S. recession risk and a stronger earnings outlook for[...]
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Canada’s inflation falls to 27-month low but underlying pressures persist
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate dropped more than expected to a 27-month low of 2.8% in June led by lower energy prices, data showed on Tuesda[...]
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Meta opens AI model to commercial use, throwing nascent market into flux
By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a po[...]
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TikTok, Warner Music Group to partner in music licensing deal
(Reuters) – Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a licensing deal with Chinese short-video app TikTok to boost its so[...]
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Pfizer, Flagship Pioneering to invest $100 million in drug discovery
(Reuters) -U.S. drugmaker Pfizer and venture firm Flagship Pioneering on Tuesday said they would invest $100 million together to develop up to 10 new potential drugs for areas including internal medic[...]
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