By Hyunjoo Jin and Akash Sriram (Reuters) -Tesla CEO Elon Musk said on Thursday he and the board of the electric vehicle company will discuss making a $5 billion investment in his artificial intellige[...]
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July 25, 2024
TSX hits 2-week low as industrials, gold mining shares fall
By Fergal Smith (Reuters) -Canada’s main stock index fell to a two-week low on Thursday, led by declines for industrial and metal mining shares, as recent disappointing earnings from some econom[...]
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Charles Schwab names Michael Verdeschi as CFO
(Reuters) – Brokerage firm Charles Schwab has appointed Michael Verdeschi as its chief financial officer, effective Oct. 1, according to a filing with the U.S. securities regulator on Thursday.[...]
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US market proves a headache for global carmakers
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) -Problems in the highly competitive U.S. car market including weak prices, high inventories and difficult logistics dented profits and hit shares[...]
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Google AI systems make headway with math in progress toward reasoning
By Kenrick Cai Alphabet’s Google unveiled a pair of artificial intelligence systems on Thursday that demonstrated advances in solving complex mathematical problems, a key frontier of generative[...]
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Southwest Airlines’ open seating to end as it looks to lift earnings
By Rajesh Kumar Singh and Shivansh Tiwary (Reuters) -Southwest Airlines announced sweeping changes on Thursday, including plans to end open seating that has been the hallmark of its brand for decades[...]
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Brazil cheers G20 statement on tax cooperation citing taxation of the super-rich
RIO DE JANEIRO (Reuters) – Brazilian Finance Minister Fernando Haddad said on Thursday that G20 finance leaders were poised to endorse a joint declaration on international tax cooperation addres[...]
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Paramount, Skydance merger faces court challenge by shareholder
(Reuters) -A Paramount Global investor has sued to block its merger with Skydance Media, saying the deal would cost its shareholders $1.65 billion, according to a lawsuit filed in Delaware’s Cha[...]
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Yen drifts lower from 2-1/2-month peak vs dollar as markets stabilize
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -The yen edged lower from a 2-1/2-month high against the U.S. dollar on Thursday, as financial markets stabilized, with investors looking ahead to next w[...]
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