(Reuters) – Meta Platforms on Thursday launched two new AI-based features for video editing that could be used for posting to Instagram or Facebook. The first is called Emu Video and it generate[...]
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November 16, 2023
GM reorganizes BrightDrop EV unit, business head leaving
By Joseph White DETROIT (Reuters) – General Motors said on Thursday it was reorganizing its BrightDrop electric commercial vehicle unit to make it less independent and reduce costs, and that the[...]
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J&J Settles First Talc Cases to Go to Trial After Failed Bankruptcies
By Brendan Pierson (Reuters) – Johnson & Johnson on Thursday said it has settled two lawsuits claiming its talc products caused cancer, the first such cases to go to trial since a federal co[...]
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Gap earnings beat outshines bleak holiday-quarter sales forecast
By Katherine Masters and Ananya Mariam Rajesh (Reuters) -Gap on Thursday forecast holiday-quarter sales below estimates, but posted better-than-expected results for the third quarter thanks to easing[...]
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Starbucks employees at hundreds of US stores walkout on Red Cup day
By Granth Vanaik and Arriana McLymore (Reuters) -Workers at hundreds of Starbucks stores have walked off their jobs during a key promotional event on Thursday, demanding improved staffing and schedule[...]
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California regulator allows PG&E rate hike for wildfire mitigation
(Reuters) -The California Public Utilities Commission (CPUC) on Thursday voted unanimously to pass the alternate proposed decision (APD) that would raise customer bills by nearly 13% in Pacific Gas an[...]
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S&P 500 barely gains while Dow ends lower as Cisco and Walmart drag
By Sinéad Carew and Shristi Achar A (Reuters) – The S&P 500 and the Nasdaq managed to eke out tiny gains on Thursday while the Dow Industrial Average ended slightly lower with pressure from[...]
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Applied Materials forecasts upbeat first-quarter revenue on resilient demand
By Samrhitha A (Reuters) -Applied Materials forecast first-quarter revenue above analysts’ estimates on Thursday, but the company’s shares fell more than 7% after the bell following a repo[...]
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Boeing chief strategy officer to depart in 2024 as part of restructuring
By Valerie Insinna WASHINGTON (Reuters) -Marc Allen will step down as Boeing’s chief strategy officer at the end of the year and leave the company in 2024 as the U.S. planemaker pares down its s[...]
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