By Greg Bensinger (Reuters) -Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting…
Tag: Updated
Oil jumps 4% after week-long selloff, but falls for a fourth week
By Nicole Jao NEW YORK (Reuters) -Oil prices jumped more than 4% on Friday, rebounding from a four-month low hit…
Gap shares jump 30% to extend months-long bet on new CEO’s revival effort
By Ananya Mariam Rajesh (Reuters) -Gap shares surged more than 30% on Friday as an upbeat quarter gave a fresh…
Exclusive-Applied Materials under US criminal probe for shipments to China’s SMIC-sources
By Karen Freifeld (Reuters) -Semiconductor equipment maker Applied Materials is under U.S. criminal investigation for potentially evading export restrictions on…
IBM suspends ads on X after corporate ads appeared next to pro-Nazi content
(Reuters) – IBM on Thursday said it had immediately suspended all advertising on Elon Musk-owned X after a report found…
Biden, Xi’s ‘blunt’ talks yield deals on military, fentanyl
By Trevor Hunnicutt, Jeff Mason and Steve Holland WOODSIDE, California (Reuters) -U.S. President Joe Biden and Chinese leader Xi Jinping…
Bankrupt Rite Aid sues US Justice Dept to stop opioid lawsuit
By Dietrich Knauth NEW YORK (Reuters) – Rite Aid sued the U.S. Department of Justice on Thursday, seeking to block…
SpaceX delays Starship test flight a day over hardware swap
WASHINGTON (Reuters) -SpaceX has postponed its second attempt to launch the company’s Starship rocket system into space by a day…
Elon Musk denies report of potential Starlink IPO in 2024
(Reuters) – Elon Musk on Wednesday denied a report that his rocket company SpaceX was discussing an initial public offering…
Target shares surge on margin improvement, inventory drawdown
By Siddharth Cavale and Ananya Mariam Rajesh (Reuters) -Target on Wednesday forecast holiday-quarter profit largely above analyst expectations as supply…