JPMorgan plans to lay off 63 employees in Jersey City
By Nupur Anand (Reuters) – JPMorgan Chase plans to lay off 63 employees in Jersey City, New Jersey, according to…
Amazon touts its low-cost cloud computing in generative AI race
By Jeffrey Dastin AUSTIN (Reuters) – A key way that Amazon’s cloud division aims to set itself apart from rivals…
Republican lawmaker blasts State Dept response on US envoy for Iran
By Arshad Mohammed (Reuters) – A senior U.S. Republican lawmaker criticized as “absolutely unacceptable” a State Department response on Tuesday…
US SEC removes ‘swing pricing’ from money market fund overhaul plan -Bloomberg News
(Reuters) – Money market funds are set for a reprieve on “swing pricing” when Wall Street’s top regulator votes on…
United CEO meets with acting FAA chief after criticism
By David Shepardson WASHINGTON (Reuters) – United Airlines Chief Executive Scott Kirby met on Tuesday with the acting head of…
Mexico’s America Movil Q2 net profit surges to beat estimates
MEXICO CITY (Reuters) -Mexican telecommunications giant America Movil on Tuesday said its net profit surged 89.1% in the second quarter…
IBM mulls using its own AI chip in new cloud service to lower costs
By Stephen Nellis SAN FRANCISCO (Reuters) – International Business Machines (IBM) is considering the use of artificial intelligence chips that…
Senate Republican Tuberville calls white nationalists racist after taking heat
By Richard Cowan and Moira Warburton WASHINGTON (Reuters) -Republican U.S. Senator Tommy Tuberville on Tuesday said white nationalists are racist…
KPMG to invest $2 billion in AI, cloud services
(Reuters) -KPMG said on Tuesday it will spend $2 billion on artificial intelligence and cloud services through an expanded partnership…
Biden’s pick for top U.S. general warns on Republican blocking promotions
By Phil Stewart and Patricia Zengerle WASHINGTON (Reuters) -President Joe Biden’s nominee to become the top U.S. general warned on…