Gucci CEO Bizzarri to exit; Kering names group veteran to run transition
By Mimosa Spencer (Reuters) -Kering has named managing director Jean-Francois Palus as Gucci’s new CEO and president for a transitional…
Business
Tesla faces citizen grilling on impact of German plant expansion
By Victoria Waldersee, Nette Noestlinger and Leon Malherbe GRUENHEIDE, Germany (Reuters) -Tesla on Tuesday sought to assuage Brandenburg state residents’…
Teladoc expands Microsoft tie-up to document patient visits with AI
(Reuters) – Teladoc Health is expanding a partnership with Microsoft to use the tech giant’s artificial intelligence services to automate…
Energy drink maker Alani Nu explores options including sale
By Abigail Summerville and Anirban Sen NEW YORK (Reuters) – Alani Nu, the energy drinks and snack maker founded by…
Southwest Airlines endorses plan to boost Washington Reagan flights
By David Shepardson WASHINGTON (Reuters) – Southwest Airlines said on Tuesday it will support legislation to add seven new round…
Credit Suisse ups S&P 500 year-end forecast to 4,700
NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a…
Canada’s inflation falls to 27-month low but underlying pressures persist
By Ismail Shakil and Steve Scherer OTTAWA (Reuters) -Canada’s annual inflation rate dropped more than expected to a 27-month low…
Meta opens AI model to commercial use, throwing nascent market into flux
By Katie Paul NEW YORK (Reuters) -Meta is releasing a commercial version of its open-source artificial intelligence model Llama, the…
Hollywood studios say they offered actors $1 billion in gains before strike
By Lisa Richwine LOS ANGELES (Reuters) – Major film and television studios offered Hollywood actors more than $1 billion in…
TikTok, Warner Music Group to partner in music licensing deal
(Reuters) – Warner Music Group, the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna, has signed a…