By Max A. Cherney SAN FRANCISCO (Reuters) -Advanced Micro Devices, Cisco Systems and Saudi Arabian artificial intelligence startup Humain are…
Many Fed policymakers at last meeting were opposed to December rate cut
By Howard Schneider WASHINGTON (Reuters) -A divided Federal Reserve cut interest rates last month even as policymakers cautioned that doing…
AI set to redefine shopping and payments, Affirm CEO says
By Hannah Lang (Reuters) -Max Levchin, CEO and co-founder of Affirm, which offers buy now, pay later plans, said artificial…
Nvidia’s strong forecast calms AI bubble jitters – for now
By Arsheeya Bajwa and Stephen Nellis (Reuters) -Nvidia forecast quarterly revenue well above Wall Street estimates on Wednesday and CEO…
Lithuania to reopen Belarus border after balloon incidents
By Andrius Sytas VILNIUS (Reuters) -Lithuania will reopen its border crossings with Belarus, ending a closure imposed in response to…
Target plans another $1 billion investment to jumpstart sagging sales
By Juveria Tabassum and Siddharth Cavale (Reuters) -Target reported a bigger-than-expected drop in comparable sales on Wednesday, as cash-strapped U.S.…
Easing regulations could lead to smaller Fed balance sheet, Miran says
By Michael S. Derby (Reuters) -Federal Reserve Governor Stephen Miran said on Wednesday that easing financial firms’ regulatory burden could…
Trading Day: Stock selloff snowballs, Japan wobbles
By Jamie McGeever ORLANDO, Florida (Reuters) -The tech-induced selloff across global stocks accelerated on Tuesday and soft U.S. labor market…
Kering must downsize, reduce Gucci exposure and chase synergies, CEO de Meo says in memo
By Tassilo Hummel PARIS (Reuters) -Kering’s return to growth will require reducing its reliance on struggling flagship Gucci, further scaling…
Trump says he has ‘nothing to do with the family business’
WASHINGTON (Reuters) -U.S. President Donald Trump said on Tuesday that he has nothing to do with his family business as…