Walmart, Capital One settle lawsuit over credit card partnership
By Jonathan Stempel NEW YORK (Reuters) – Walmart settled its lawsuit against Capital One over their credit card partnership, which…
Business
OpenAI acquires database analytics firm Rockset
(Reuters) – Microsoft-backed OpenAI has acquired search and database analytics firm Rockset for an undisclosed sum, the ChatGPT maker said…
Honeywell to buy aerospace and defense firm CAES Systems for $1.9 billion
(Reuters) -Honeywell has agreed to buy aerospace and defense technology company CAES Systems for $1.9 billion from private equity firm…
Oracle to invest over $1 billion on AI, cloud computing in Spain
(Reuters) – Oracle on Thursday said it will invest more than $1 billion over the next 10 years in artificial…
Dell assembling racks for xAI’s supercomputer, Elon Musk says
(Reuters) – Dell Technologies is assembling half of the racks for the supercomputer that xAI is building, billionaire Elon Musk…
Caterpillar’s Russian assets transferred to firm owned by Armenian fund
(Reuters) – U.S. machinery maker Caterpillar’s former Russian assets have been transferred to a company owned by Armenian investment fund…
Employer coverage for weight-loss drugs rises sharply, survey finds
By Amina Niasse NEW YORK (Reuters) – About one-third of U.S. employer health plans are offering coverage of GLP-1 drugs…
Virgin Galactic announces reverse stock split
(Reuters) -Space tourism company Virgin Galactic announced a 1-for-20 reverse stock split on Wednesday, sending its shares down 19% in…
Tesla reported to police in Sweden over alleged illegal electrical work
COPENHAGEN (Reuters) – U.S. electric vehicle manufacturer Tesla has been reported to police in Sweden accused of performing electrical installation…
Apple overtakes Microsoft to return as world’s most valuable company
(Reuters) -Apple once again became the world’s most valuable company on Wednesday, dethroning Microsoft from the top spot, as the…