Marvell’s shares get AI boost a day after Nvidia’s surge
(Reuters) – Shares of Marvell Technology soared about 23% on Friday after the chipmaker became the latest to project a…
US
Pharmacy chain Walgreens Boots Alliance to cut corporate jobs by 10%
(Reuters) – Walgreens Boots Alliance Inc said on Friday it would slash its corporate staff by about 10%, as it…
OpenAI CEO’s threat to quit EU draws lawmaker backlash
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) -For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around…
Canada to launch probe into OpenAI over privacy concerns
(Reuters) – Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI’s data collection and usage, becoming the latest…
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON (Reuters) -As the United States stares at the risk of a credit downgrade, former Standard &…
US core capital goods orders unexpectedly rebound in April
WASHINGTON (Reuters) – New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism that business spending…
Tipster on Ericsson won SEC’s largest ever whistleblower award of $279 million -WSJ
(Reuters) -The record $279 million whistleblower award issued by the U.S. Securities and Exchange Commission earlier this month stemmed from…
Brahman Capital shuts hedge fund as profits dry up – Bloomberg News
(Reuters) – New York-based investment management company Brahman Capital Corp is closing one of its equity hedge fund and returning…
Russia summons US diplomats to protest at Sullivan comments on Crimea
(Reuters) – Russia’s Foreign Ministry summoned senior U.S. diplomats on Friday to protest against remarks by White House national security…
Dutch watchdog looking into alleged Tesla data breach
By Riham Alkousaa and Toby Sterling BERLIN/AMSTERDAM (Reuters) – The data protection watchdog for the Netherlands said on Friday it…