By Nathan Gomes and Kalea Hall (Reuters) -General Motors’ Oshawa Assembly plant in Canada, which builds pickup trucks, will cut…
Category: Business
Apple partnering with startup Anthropic on AI-powered coding platform, Bloomberg News reports
(Reuters) -Apple is partnering with Amazon-backed startup Anthropic on a new “vibe-coding” software platform that will use artificial intelligence to…
Moderna beats Wall Street estimates for first-quarter profit and sales
By Patrick Wingrove (Reuters) -Moderna on Thursday reported first-quarter profit and sales that beat Wall Street estimates, helped by the…
Mastercard off to a strong start in 2025 as consumer spending holds up
(Reuters) -Mastercard beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network…
Apple must pay Optis $502 million lump sum in UK patent dispute, court rules
LONDON (Reuters) -Apple must pay a U.S. patent holder $502 million for the use of 4G patents in devices including…
Roblox lifts bookings forecast as spending defies tariff uncertainty
By Zaheer Kachwala (Reuters) – Roblox raised its annual bookings forecast on Thursday and beat quarterly results estimates, a sign…
Tesla’s head of battery architecture Vineet Mehta departs, the Information reports
(Reuters) -Tesla’s head of battery architecture, veteran Vineet Mehta, is departing from the company, the Information reported on Wednesday, citing…
MGM Resorts surges on profit beat, $2 billion buyback
(Reuters) -Casino operator MGM Resorts International on Wednesday beat Wall Street’s estimates for first-quarter profit, driven by strong performance in…
Meta, Microsoft reports lift AI-related stocks
(Reuters) -Shares in artificial intelligence and cloud-computing-related companies were rising sharply in late trade on Wednesday after Meta Platforms and…
Visa, Bridge partner to launch stablecoin-linked cards
By Hannah Lang (Reuters) -Visa and stablecoin infrastructure provider startup Bridge are partnering to offer stablecoin-linked Visa cards to customers…