Dec 10 (Reuters) – Jeff Bezos’ aerospace firm Blue Origin has been working for over a year on the necessary…
Wells Fargo expects more job cuts, will roll out AI gradually in 2026
By Pritam Biswas and Lananh Nguyen Dec 9 (Reuters) – Wells Fargo expects more cuts to its workforce and sees…
China to limit access to Nvidia’s H200 chips despite Trump export approval, FT reports
Dec 9 (Reuters) – Beijing is set to limit access to Nvidia’s advanced H200 chips despite U.S. President Donald Trump’s…
Oracle’s OpenAI reliance faces scrutiny as debt-fueled AI buildout raises worries
By Aditya Soni Dec 9 (Reuters) – Months after Oracle’s $400 billion-plus contract backlog ignited a stock-market frenzy, the enthusiasm…
JPMorgan Chase expects fourth-quarter investment banking revenue rise
Dec 9 (Reuters) – JPMorgan Chase expects investment banking revenue to be up by the low-single digit percentages in the…
US bank regulator says banks can act as crypto intermediaries
By Pete Schroeder WASHINGTON, Dec 9 (Reuters) – Banks will be allowed to act as intermediaries on crypto transactions, a…
US lawmakers may withold Hegseth travel funds to force boat video release
By Patricia Zengerle WASHINGTON, Dec 8 (Reuters) – U.S. lawmakers may withhold a quarter of Defense Secretary Pete Hegseth’s travel…
Exclusive-Ben & Jerry’s board chair does not plan to resign as pressure mounts from Unilever unit
By Jessica DiNapoli NEW YORK, Dec 7 (Reuters) – The chair of Ben & Jerry’s independent board said she has…
Netflix, Paramount fight for Warner Bros Discovery in Hollywood power tussle
By Jaspreet Singh Dec 8 (Reuters) – Paramount Skydance launched a hostile bid worth $108.4 billion for Warner Bros Discovery,…
Warby Parker, Google to launch AI-powered smart glasses in 2026
Dec 8 (Reuters) – Warby Parker said on Monday it is collaborating with Alphabet’s Google to develop lightweight AI-powered glasses,…