Alibaba's new CEO embraces AI and wants a younger management team
Alibaba Group will embrace artificial intelligence (AI) and promote younger people to senior management, its new CEO says, as the e-commerce and cloud giant tackles its most ambitious restructuring in its history.
2023-09-12 17:47
UK wage growth points to another rate hike but jobless rate rises
By Andy Bruce and David Milliken LONDON (Reuters) -Another record month for British pay growth put the Bank of England
2023-09-12 16:58
Crypto Volatility Picks Up on Looming Sales From FTX’s $3.4 Billion Token Hoard
Volatility picked up in digital-asset markets as traders evaluated the prospect of crypto disposals by the defunct FTX
2023-09-12 13:49
Why 'Middle-class Joe' Biden may need upscale voters more than ever in 2024
Throughout his political career, President Joe Biden has unfailingly presented himself as a product -- and champion -- of the middle class.
2023-09-12 12:16
Twinkies maker Hostess bought by food giant Smucker for $5.6bn
Fruit preserves and peanut butter giant JM Smucker is buying the producer of Donettes and Ho Hos.
2023-09-12 08:51
Analysis-For retail investors, jumping on Arm's blockbuster IPO is a risky business
By Noel Randewich and Hannah Lang (Reuters) -Retail traders getting their first bite at Arm Holdings' highly anticipated public offering
2023-09-12 08:18
Google monopoly trial: Is the US losing the fight against Big Tech?
A landmark trial against Google will be a key test of whether the US can rein in the industry.
2023-09-12 07:16
GE to sell stake in aircraft leasing provider AerCap
AerCap Holdings NV said on Monday a unit of General Electric Co will sell 32.4 million shares in
2023-09-12 06:45
The MGM Resorts website is offline due to a cybersecurity issue
MGM Resorts has shut down some of its systems as a result of a "cybersecurity issue," according to a company social media post on Monday.
2023-09-12 04:26
EU antitrust regulators halt Amazon, iRobot probe, await info
BRUSSELS EU antitrust regulators have delayed their investigation into Amazon's $1.7 billion acquisition of robot vacuum cleaner maker
2023-09-12 00:58
Tesla shares jump after Morgan Stanley predicts Dojo supercomputer could add $500 billion in market value
Tesla's Dojo supercomputer could fuel a $500 billion jump in the electric vehicle maker's market value, analysts at Morgan Stanley said in a note Monday.
2023-09-11 23:58
JetBlue agrees to sell Spirit assets in Boston, Newark to Allegiant
By David Shepardson JetBlue Airways Corp said Monday it had agreed to sell all of Spirit Airlines assets
2023-09-11 22:50