By Saqib Iqbal Ahmed and Laura Matthews (Reuters) – A rally in the U.S. dollar is accelerating, as stubborn inflation sows doubts over how aggressively the Federal Reserve will be able to cut ra[...]
Read moreApril 15, 2024
OpenAI bids for Japan business as it opens Tokyo office
By Sam Nussey TOKYO (Reuters) -Microsoft backed artificial intelligence startup OpenAI made a pitch for business in Japan on Monday as it opened its first Asia office in Tokyo. “This is just the[...]
Read moreUS Justice Department to file antitrust suit against Live Nation, WSJ reports
(Reuters) -The U.S. Department of Justice is expected to file an antitrust lawsuit against Live Nation Entertainment as soon as next month, the Wall Street Journal reported on Monday, citing people fa[...]
Read moreBoeing claims no findings of fatigue on older 787 jets ahead of whistleblower testimony
(Reuters) -Boeing said on Monday it has not found fatigue cracks on in-service 787 jets that have gone through heavy maintenance, as the planemaker defended the twin-aisle aircraft program ahead of a[...]
Read moreTesla laying off more than 10% of staff globally as sales fall
By Victoria Waldersee BERLIN (Reuters) -Tesla is laying off more than 10% of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an intensifyi[...]
Read moreStocks close lower as Middle East tensions, Treasury yields weigh
By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks closed sharply lower on Monday, as an early lift from a strong retail sales report succumbed to a jump in Treasury yields and concerns about rising[...]
Read moreAdobe explores OpenAI partnership as it adds AI video tools
By Stephen Nellis SAN FRANCISCO (Reuters) -Adobe is in the early stages of allowing third-party generative artificial intelligence tools such as OpenAI’s Sora and others inside its widely used v[...]
Read moreMorning Bid: China GDP eyed as investor sentiment crumbles
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. Asian markets open on Tuesday against an extremely challenging backdrop of slumping global equity and bond prices, a risin[...]
Read moreGM moving to new Detroit headquarters in 2025
By Nora Eckert DETROIT (Reuters) -General Motors in 2025 will move its headquarters deeper into downtown Detroit, the U.S. automaker said on Monday, after spending more than 20 years in its riverfront[...]
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